Mixed Growth in US and Canadian Economies in Q4 2023 on Nostr: Mixed Growth in US and Canadian Economies in Q4 2023 =============== #b42868d0 ...
Mixed Growth in US and Canadian Economies in Q4 2023
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#b42868d0 ver:0.34
The US economy grew at a 3.2% annual pace in Q4 2023, driven by consumer spending and government expenditure. Inflation eased, and the US is expected to continue growing in 2024. Meanwhile, the Canadian economy expanded at a 1% annualized rate in Q4, with exports driving growth while housing and business investment fell. Canada's GDP growth was restricted to 1.1% in 2023, lower than the US due to domestic demand. The Canadian dollar weakened after the GDP data, and the Bank of Canada may start cutting rates in the second half of 2024. #US #economy #Canada #GDP #inflation...
#newstr #Gdp #ConsumerSpending #Inflation #FederalReserve #UsDollarIndex #BankOfCanada #InterestRates #Exports #CrossborderEconomicTies #HumanSmuggling #DrugDecriminalization #Trial #Retail #DonaldTrump #Fire #WasteCollection #Demonstrations
https://here.news/story/b42868d0?ver=0.34
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#b42868d0 ver:0.34
The US economy grew at a 3.2% annual pace in Q4 2023, driven by consumer spending and government expenditure. Inflation eased, and the US is expected to continue growing in 2024. Meanwhile, the Canadian economy expanded at a 1% annualized rate in Q4, with exports driving growth while housing and business investment fell. Canada's GDP growth was restricted to 1.1% in 2023, lower than the US due to domestic demand. The Canadian dollar weakened after the GDP data, and the Bank of Canada may start cutting rates in the second half of 2024. #US #economy #Canada #GDP #inflation...
#newstr #Gdp #ConsumerSpending #Inflation #FederalReserve #UsDollarIndex #BankOfCanada #InterestRates #Exports #CrossborderEconomicTies #HumanSmuggling #DrugDecriminalization #Trial #Retail #DonaldTrump #Fire #WasteCollection #Demonstrations
https://here.news/story/b42868d0?ver=0.34