| Date GMT+01:00 |
Event | Previous | Forecast | Actual | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May, 15 13:15 |
★ |
Housing Starts
Housing Starts
Reflects the rate of growth in housing construction. Housing Starts act as an indicator measuring the strength of Canada's construction sector and housing market. Economists also use the figure as a leading indicator for the economy as a whole due to Housing Starts' sensitivity to changes in the business cycle. Housing Starts slow at the onset of a recession and quickly grow at the beginning of an economic boom; consequently, a high Housing Starts figure forecasts strong economic growth. The headline figure is the percentage change in new home starts. |
235.9K | 244.0K | - | ||||||||||||||
| May, 15 13:30 |
★★ |
NY Fed Empire State manufacturing index
NY Fed Empire State manufacturing index
Survey assessing business conditions and expectations of manufacturing executives in New York . Though the survey is relatively new and New York has a considerably small number of manufacturers, the report has shown a promising correlation to the Philadelphia Fed Index and the market moving ISM Manufacturing Survey. Thus Empire serves as a useful earlier indicator of overall manufacturing in the US . Results are calculated as the difference between percentage of positive and negative scores; zero acts as the breakeven point. A high figure is bullish for the dollar, indicating positive business sentiment conducive to growth in production. A low or negative number signals poor business conditions. |
11.0 | 7.3 | - | ||||||||||||||
| May, 15 13:30 |
★ |
Manufacturing Shipments
Manufacturing Shipments
CManufacturing Shipments - also known as "shipments of goods of own manufacture" - report the production of goods produced by Canadian establishments in the "Manufacturing Sector (NAICS 31-33)". It measures the Dollar value, not the quantity of manufactured goods produced. |
3.6% | 3.5% | - | ||||||||||||||
| May, 15 13:30 |
★ |
Foreign Securities Purchases
Foreign Securities Purchases
Summarizes the flow of stocks, bonds, and money market funds to and from Canada. |
6.17 | 11.40 | - | ||||||||||||||
| May, 15 14:15 |
★★ |
Industrial Production
Industrial Production
Measures changes in the volume of output produced by the manufacturing, mining, and utility sectors in the USA. Because industrial production is a measure of output volume rather than dollar value, the figure is not distorted by inflation and is considered a more "pure" indicator for US industry. Though industrial production only accounts for a relatively small portion of the GDP, it accounts for most of the volatility in GDP and is considered highly sensitive to changes in interest rate and consumer demand. Therefore understanding trends in this figure are important to forecasting the GDP. High or rising Industrial Production figures suggest increased production and economic expansion. However, uncontrolled levels of production and consumption can spark inflation. The figure varies significantly month to month due to the fact that seasonal and weather related factors often alter factory production and utility demand. Because of this volatility, the report has limited market impact. The figure is calculated as a weighted aggregate of goods and reported in headlines as a percent change from previous months. |
-0.5% | 0.3% | - | ||||||||||||||