Canadian Wholesale Sales Picked up in March
Canadian Wholesale Sales Picked up in March
Canadian wholesalers saw sales increase by 0.6% in March partially reversing February’s large 2.1% decline. The report was largely in line with market forecasts. Wholesale sales volumes, which account for price changes, edged down by 0.1% following February’s 2% drop and resulting in a negative quarterly performance, with sales […]
Decline in March Trade Gap Should Help to Boost Q1 GDP
Decline in March Trade Gap Should Help to Boost Q1 GDP
Broad-based declines in imports, which reflect some statistical payback from strength during the previous month, caused the trade gap to narrow in March. By itself, the revised trade data would boost real GDP growth in the first quarter from 0.6 percent to 1.3 percent.
Big Decline […]
March Trade Deficit Drop Bigger Than Expected
March Trade Deficit Drop Bigger Than Expected
WASHINGTON — The U.S. trade deficit narrowed sharply in March as demand for imports fell by the largest amount since the last recession was ending. Analysts forecast that trade would continue to be one […]