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  • H.S. Borji

    US consumer confidence declined sharply in November, giving back October’s gains as optimism about the short-term outlook waned. The Conference Board’s monthly gauge of consumer confidence declined to 88.7 in November, easing off October’s seven-year high of 93.7. Economists forecast an increase to 96.0. November was the second time in seven months consumer confidence had

  • Preliminary US Q3 Growth Beats All Expectations

    Early indications are now suggesting that US GDP growth for the third quarter is going to come in well ahead of expectations. The US Bureau of Economic Analysis has made available the official Q3 growth numbers in preliminary format and they are showing a stronger than anticipated economic performance. The official Preliminary Q3 GDP figure

  • Growth Returns To Canadian Retail Sector

    Even in the presence of some concerns around the robustness of the Canadian economy the consumer sector appears to be holding it’s own. The latest Retail Sales figures, for the month of September, point towards a clear pick up in the sector. The headline figure is now showing 0.8% growth on the month which represents

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