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Keys to the market | Canada's Manufacturing PMI rose in October

November 1, 2024

Here's what caught our experts' attention for the week ending on November 1, 2024:

  • In Canada, the projected GDP growth and rise in the Manufacturing PMI point to a modest recovery in economic activity.
  • In the United States, the low job growth, attributed to the recent hurricanes, contrasts with a steady rise in personal income and spending.In Canada, a significant interest rate cut points to an extended easing cycle by the Bank of Canada.

Read the November 1st 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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