Consensus on Canadian GDP
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The Financial Post reports:
Economists in a Bloomberg survey now see Canada’s economy expanding just 0.7% this year after shrinking in the first quarter.
Here’s a picture of the forecasted deceleration:
Figure 1: Canadian GDP (blue), Bloomberg consensus (red square), prior Bloomberg consensus (light red square), all in mn.Ch.2017C$, SAAR. Source: CanStats, FP, author’s calculations.
Economists in a Bloomberg survey now see Canada’s economy expanding just 0.7% this year after shrinking in the first quarter.
Here’s a picture of the forecasted deceleration:
Figure 1: Canadian GDP (blue), Bloomberg consensus (red square), prior Bloomberg consensus (light red square), all in mn.Ch.2017C$, SAAR. Source: CanStats, FP, author’s calculations.
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