Q3 to Mark Second Consecutive Pullback in Real GDP as Unemployment Ticks Higher

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2019/04/f-can28.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/2019/04/f-can28.jpg 612w, https://www.actionforex.com/wp-content/uploads/2019/04/f-can28-600×400.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Canadian GDP likely edged lower in Q3 – we expect at a -0.5% (annualized) decline that would be slightly softer than the preliminary -0.1% estimate from Statistics Canada a month ago. Preliminary GDP estimates are highly revision prone, and domestic demand has shown more signs of softening in Q3 with both business and consumer spending […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/fundamental-analysis/528938-q3-to-mark-second-consecutive-pullback-in-real-gdp-as-unemployment-ticks-higher/">Q3 to Mark Second Consecutive Pullback in Real GDP as Unemployment Ticks Higher</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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