Our sense is that in light of the oil shock and
weak economic growth recorded in Canada this past year, the SEPH is likely telling the more accurate story, meaning we could see employment as measured by the LFS slow significantly during the first half of 2016.»
Not exact matches
In contrast, Germany has been one of the
weakest economies in the region,
recording no
growth in the June quarter, although there are a number of indications that
economic conditions are now improving.
As I argued when the second quarter GDP numbers confirmed the recession, the big issue is not whether GDP
growth is slightly positive or slightly negative. The big issue is why it has been so close to zero in the first place. The July GDP numbers do not change that analysis. And they do not change the empirical fact that the Harper government's overall
economic record — even before this year's downturn — is uniquely
weak, on both historical and international criteria.
Over time, the stock market has reached new
records, powered by
economic and earnings
growth.2 We expect both to continue: The domestic economy is picking up a little speed, helped by improving
growth in the rest of the world, and company earnings have benefited from better sales, the
weaker dollar and still - low interest rates.
The current US recovery, which is now tied for the third - longest on
record, has also been the
weakest economic expansion since World War II, with an average annual
growth rate of just 2 % over an 8 - year period.5 It may not take much to derail such tepid
growth, particularly in light of continued high expectations.
The current US recovery, which is now tied for the third - longest on
record, has also been the
weakest economic expansion since World War II, with an average annual
growth rate of just 2 % over an 8 - year period.5 It may not take much to derail such tepid
growth, particularly in light of continued high expectations.