Description

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 surrounding the foreign policy of new US administration and its global impacts. The US economic growth will be fueled by gains in household wage growth boosting consumer spending. In Canada, the economy would be moving parallel to the US economy, yet at a slower pace due to its concentration in oil and other commodities. Canada would register 1.9% growth in 2017, supported by expansionary fiscal policy and accommodative monetary policy, with rising oil prices fueling growth.

Country Coverage – North America
·     Canada
·     The United States

Year, Quarter and Month Coverage
·     Yearly Data: 2012 – 2021
·     Quarterly Data: Q1 2012 – Q2 2019
·     Monthly Data: January 2012 – June 2017