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11 Nov 2021  |  North America  |  Economic and Databases
United States Transformative Policy Shifts and Opportunities
Fiscal Stimulus Boost and Tax Reforms Enable Strong Future Growth Potential
2020 was a year of uncertainty for the US economy. It grappled with a contraction in its output as an economic fallout from the coronavirus pandemic. In addition, the new US administration has signaled tectonic shifts in economic policy, which will influence growth recovery. As the economy stages a strong recovery in 2021—buoyed by large-scale fe...
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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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28 Dec 2017  |  North America  |  Economic and Databases
Emerging Latin America Economic Tracker—Insights and Trends, Quarter 1, 2017
Rebounding Economy Sustained by Expanding Manufacturing Sector
Emerging Latin America's economic growth rebounded to 2.2% in Q1 2017 supported by a strong growth in the manufacturing sector. The Manufacturing Index of Industrial Production growth rate for the region was 3.7% in Q1 2017. Panama registered the strongest manufacturing sector growth of 9.6%, while Chile’s manufacturing sector continued its downw...
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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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22 Jun 2017  |  North America  |  Economic and Databases
North America Economic Tracker—Insights and Trends, Quarter 2, 2017
Improving Labor Markets; Healthy Growth in Production
The year 2016 has been a turnaround year for North America with the new American President having protectionist rhetoric and agenda for revisit of free trade deals. Even though the promised fiscal stimulus in terms of tax cuts favoring the corporates is not likely to come into effect in 2017, there exists a wide range of uncertainty possibilities s...
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12 Apr 2016  |  North America  |  Economic and Databases
North America—Economic Trends 2016
What is Trending in 2016 in North America
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....
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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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20 Sep 2012  |  North America  |  Economic and Databases
The U.S. Debt Downgrade and GCC Currencies: Is the Exchange Rate Peg to the U.S. Dollar Sustainable?
The United States is a major security and military partner of the GCC. Between 2000 and 2010, the diversification trends among the GCC economies helped to promote bilateral trade with the United States in areas such as crude oil and natural gas production, exploration, construction, and financial services. The long-term cyclical correlation between...
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