Construction spending not as weak as forecast
Ranked against other countries around the world, Canada underperforms significantly in innovation and has much room for improvement in economic performance, according to the Conference Board of Canada’s 2008 Report Card on Canada.“This year’s Report Card on Canada once again tells the story of our underperformance in almost all subjects,” the Conference Board said.The benchmarking […]
Energy, manufacturing output drops
Consumer spending tumbles
U.S. demand for expensive goods climbed in September, boosted by higher car and airplane orders.Orders for durable goods increased by 0.8% last month to a seasonally adjusted US$207.81 billion, the Commerce Department said today.The overall 0.8% increase was a surprise. Wall Street expected a decline of 1.1% in overall durables for September.Durables, which are goods […]
Fall out from the financial crisis set to hit retailers this holiday season
Median prices slides to lowest level in four years
Majority continue to build plans that will offer growth and expansion
Fuel, food and shelter prices rise
The UK economy slumped in the third quarter amid the global financial crisis, becoming the latest developed nation to experience an economic contraction.The Office for National Statistics said today that the economy contracted a far-bigger-than-expected 0.5% in the third quarter, compared with zero growth in the second quarter. It is the first time the economy […]