Insights

Weekly Economic Perspectives: New Single Family Homes Inventory Sharply Higher in the US


Chief Economist
Investment Strategist

The Economy

  • US housing sector slowdown intensifies.
  • Canadian retail sales disappoint.
  • UK economic momentum weakens.
  • Encouraging resilience in eurozone economy.
  • Slight improvement in Japanese service activity.
  • Australian retail sales advance again.

Spotlight On Next Week

  • Robust employment growth in the US.
  • Robust first-quarter expansion in Canada.
  • Moderate first-quarter expansion in Australia

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