Skip to main content
Weekly Economic Perspectives

Troubling Gap Between US GDP and GDI Estimates

Chief Economist
Investment Strategist

The Economy

  • US GDP grows but GDI does not.
  • Canadian payrolls employment seems to soften.
  • UK core inflation accelerates.
  • Germany tips into recession.
  • Japanese machinery orders disappoint.
  • Flat retail sales in Australia.

Spotlight On Next Week

  • Employment growth to moderate slightly in the US.
  • Robust GDP growth in Canada.
  • Japanese consumer confidence to improve further.

More on Weekly Market Update