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25 Jun 2020  |  North America  |  Economic and Databases
Central American and Caribbean Countries Economic Tracker, H1 2020
COVID-19 Containment Measures to Weaken Economic Activities
The outlook for the Central America and Caribbean economies is expected to stay bleak in 2020, registering technical recession in Q2–Q3 of 2020 and a full year recession for 2021. Local and global containment measures, along with the economies’ large dependence on tourism and remittances particularly coming from the United States, have led to a...
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30 Jan 2020  |  North America  |  Economic and Databases
Americas Economic Tracker, H1 2020
Regional Activity Modestly Picking Up; GDP Growth to Remain Moderate
The Americas are expected to record tepid growth in 2020, higher than that of 2019. Advanced economies such as the US and Canada are likely to witness an economic rebound in 2020. Other smaller economies like Panama and Chile are poised to grow as well. However, Argentina’s growth is likely to remain contracted on account of currency deterioratio...
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26 Jun 2019  |  North America  |  Economic and Databases
Americas Economic Tracker—Insights and Trends, H1 2019
Growth Slowdown in the First Half due to Escalating Trade War
Economic growth in the Americas is expected to slow down in H1 2019. The region continues to see low private and public sector investment. Poor infrastructure, in addition to shortcomings in the education system, contributes to low productivity and weak external competitiveness. Panama and Chile are expected to see the highest growth at 4.8% and 3....
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26 Jun 2019  |  North America  |  Economic and Databases
Americas Economic Tracker—Insights and Trends, H2 2019
Growth to Stagnate Due to External Environment and Political Uncertainties
The pace of growth in the Americas is expected to slow down in the coming quarters. The weakening global economy and an anticipated slowdown in the US economy are expected to affect economic growth in the region. While the US economy expanded with a high growth rate of 3.2% and 2.5% in Q1 and Q2 2019, the economy is expected to slow down in the com...
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30 Jul 2018  |  North America  |  Economic and Databases
Americas Economic Tracker—Insights and Trends, H1, 2018
Growth Remains Resilient Despite Escalating Trade Conflict
Regional economic growth in Americas is expected to slow from an average of 2.53% in Q4 2017 to 2.41% in Q1 2018 and further 2.35% in Q2 2018. Although manufacturing sector expanded at a slower pace of 2.0% in Q1 2018, it is expected to rise to 3.4% in Q2 2018. The pace of growth in food and beverage sector declined sharply from 4.8% in Q4 2017 to ...
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30 Jan 2018  |  North America  |  Economic and Databases
North America Economic Tracker—Insights and Trends, Quarter 3, 2017
Uncertainty around Key Regional Trade Deal Constraining Economic Growth
Canada’s economic growth rate slowed in Q3 2017 to 1.7% from the high of 3.7% in Q2 2017 due to decline in housing investment and shrinking exports. The uncertainty around the North American Free Trade Agreement (NAFTA) has halted the work around motor vehicle shipping, which has impacted exports. Trade within North America is also expected to de...
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19 Jan 2018  |  North America  |  Economic and Databases
North America Economic Tracker—Insights and Trends, Quarter 4, 2017
Strong Growth Momentum despite Uncertainty Around Regional Trade Agreement
Economic growth rate in North America increased to 2.2% in 2017 from 1.5% in 2016. Canada and the United States were among the top countries among advanced economies with GDP growth of 3.0% and 2.2% respectively, in 2017. The region’s manufacturing sector contracted by 1.2% while food & beverage registered a strong growth of 4.6%. In 2017, The ...
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28 Dec 2017  |  North America  |  Economic and Databases
Emerging Latin America Economic Tracker—Insights and Trends, Quarter 2, 2017
Changing Trade Relations to Guide Economic Growth Trajectory
In Q2 2017, growth in Latin America slowed to 1.9% compared to the growth of 2.2% in Q1 2017, as manufacturing sector shrank by 0.5% and external demand declined. Colombia, Mexico, and Panama’s economic growth declined registering 1.2%, 2.2%, and 5.4% growth, respectively, in Q1 2017. However, Panama continues to remain the fastest growing econom...
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28 Dec 2017  |  North America  |  Economic and Databases
Emerging Latin America Economic Tracker—Insights and Trends, Quarter 3, 2017
Stabilizing Economic Growth across the Region
Economic growth remained stable in Q3 2017 with the region recording growth of 1.9%. Chile and Colombia registered higher growth compared to Q2 2017, while Mexico and Panama’s growth slowed slightly. Decline in manufacturing and mining sector in Mexico had adversely affected the country’s economy which recorded 1.6% growth in Q3 2017. Mexicoâ€...
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11 Mar 2016  |  North America  |  Economic and Databases
Global Economic Tracker: Insights and Trends (GET–IT)—North America Quarter 1, 2016
A Quarterly Pulse of Growth Opportunities
The North American energy renaissance has taken a back seat in 2016 due to plunging oil prices. Canada is suffering from an economic downturn due to its heavy reliance on the oil and gas industry. The Chinese slowdown and a rising dollar will further create economic headwinds in Canada. Even though the United States stays resilient because of stron...
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