TEC Canada is pleased to provide the Andersen Monthly Economic Report exclusively to our members to offer professional updates on the current economic environment in Canada, the USA, and globally. As the former assistant chief of the Bank of Canada’s research department, Dr. Peter Andersen provides valuable economic insight to help you make better business decisions.
September 2024 PREVIEW:
Canada | Slow Growth | Stagnant Employment Levels | Inflation Limits Spending
United States | Economic Resilience | Strong Consumer Confidence | Debt Remains a Concern
The U.S. economy continues to show resilience, with real GDP growing at an annualized rate of 2.0%, driven by robust consumer confidence and spending. Looking forward, economic growth is expected to be further bolstered by fiscal stimulus and potential interest rate cuts, despite worries about increasing government debt and inflation.
Commodities | Rising Volatility | Building Materials Climb | Demand for Construction Commodities
Excited to dive into the full September 2024 Andersen Economic Report? As a valued member of TEC Canada, you can access the complete report under the ‘Resources’ section of the TEC Canada App!
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