January 29, 2010
Carrick: Canadian, U.S. GDP growth rates higher than expected
Today’s government releases of gross domestic product growth rates for the U.S. and Canada recorded changes higher than generally expected, RCD chief economist Alex Carrick reports.
For the U.S., the fourth-quarter 2009 versus third-quarter 2009 GDP growth rate, annualized, was +5.7%.
For Canada, the November 2009 versus October 2009 GDP growth rate (not annualized) was +0.4%. Both figures were well above most estimates.
Check back at dailycommercialnews.com for complete coverage from Carrick.
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| ALEX’S ECONOMICS BLOG |
Reed Construction Data Canada’s Chief Economist Alex Carrick discusses current developments in the North American economic environment with emphasis on the construction industry.
- Home starts and job levels diverge in Canada and the U.S. (February 8, 2012)
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