Global Economic Tracker - Insights and Trends (GET-IT) - North America Quarter 2, 2013

A Quarterly Pulse of Growth Opportunities

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The North American region has become a net exporter of energy due to US shale gas and Canadian oil sands explorations. The region is attracting substantial foreign direct investment in energy, automotives, and chemicals. Real GDP growth for US in Q1 2013 was mainly driven by increased consumer spending and augmented construction activity, mainly in housing. US credit ratings improved from being ‘negative’ to ‘stable’. US Federal Reserve’s expected quantitative easing will most likely show its effects in the upcoming quarters. Canada’s growth was mainly driven by exports in Q1 2013. Mining and energy drove the Canadian industrial growth in Q1 2013. However persistent European recession and sluggish growth in China are the current concerns.

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Global Economic Tracker - Insights and Trends (GET-IT) - North America Quarter 2, 2013GET-IT North America Consolidated Excel Quarter 2 2013GET-IT North America Consolidated Data File Quarter 2 2013GET-IT North America Short Term Outlook Quarter 2 2013GET-IT North America Short Term Trends and Insights Quarter 2 2013




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