GDP growth to average 2.9%
Soaring “petro currency” will hamper manufacturers
Inversion of U.S. yield curve could spark recession
Morgan Stanley chief economist Stephen Roach unveiled his 2007 forecast today and enumerated five chief risks to his outlook.Roach’s forecast calls for a 3.8% increase in world GDP growth in 2007 — down slightly from an upwardly revised 4.1% increase for 2006 (versus its previous estimate of 3.8%). “On the surface, these are pretty impressive […]
Consumer spending and residential construction will contribute less to growth in 2006 and 2007
Exposure to commodity prices, close ties to the U.S. leave Canada vulnerable, IMF says
3.2% growth for 2006
Economy has forward momentum
Job losses will trim 0.5% from GDP in 2005 second half
GDP forecast for 2006 trimmed to 2.6%