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Keys to the market | GDP expanded by a more-than-expected 2.1% in thesecond quarter of 2024

August 30, 2024

Here's what caught our experts' attention for the week ending on August 30:

  • In Canada, GDP growth surged, hitting a yearly high, although decreased household spending and housing investment signalled potential concerns.
  • In the United States, a significant surge in durable goods orders and strong GDP growth contrasted with slight inflation, suggesting probable rate cuts.

Read the August 30 Economic Weekly Review

 


 

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Your current economic review and other insights from our experts are also on the iA Global Asset Management website! If you haven't already done so, check it out now!

 

Topic : Economic news

Written by iAGAM

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