North America—Economic Trends 2016

North America—Economic Trends 2016

What is Trending in 2016 in North America

RELEASE DATE
12-Apr-2016
REGION
North America
Research Code: 9A6F-00-10-00-00
SKU: CI0002-NA-DE_18116
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Description

The 2016 economic outlook for the US is stable owing to improved housing and strong domestic demand. Growth in Canada is likely to continue to be poor even in 2016 due to its overdependence on oil and other commodities. The energy renaissance in North America in the form of US shale gas and Canadian oil sands has been setback due to low oil prices. In 2016, oil and gas drilling activity in North America is expected to remain shrunken followed by job losses in the energy sector. While the US is on a policy halt at the moment after an interest rate hike in December 2015, Canada is eyeing an ambitious fiscal stimulus to boost growth.

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North America—Economic and Industry Trends 2016

Related Research
The 2016 economic outlook for the US is stable owing to improved housing and strong domestic demand. Growth in Canada is likely to continue to be poor even in 2016 due to its overdependence on oil and other commodities. The energy renaissance in North America in the form of US shale gas and Canadian oil sands has been setback due to low oil prices. In 2016, oil and gas drilling activity in North America is expected to remain shrunken followed by job losses in the energy sector. While the US is on a policy halt at the moment after an interest rate hike in December 2015, Canada is eyeing an ambitious fiscal stimulus to boost growth.
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No Index No
Podcast No
Author Rituparna Majumder
Industries Cross Industries
WIP Number 9A6F-00-10-00-00
Is Prebook No