Negative
20Serious
Neutral
Optimistic
Positive
- Total News Sources
- 13
- Left
- 5
- Center
- 2
- Right
- 5
- Unrated
- 1
- Last Updated
- 17 days ago
- Bias Distribution
- 38% Right
Both the Canadian and U.S. economies showed stronger-than-expected growth in the second quarter of 2024. The Canadian economy grew by 2.1%, surpassing the Bank of Canada's forecast of 1.5%, with notable increases in business investment and government spending. In the U.S., GDP was revised upward to 3%, driven by robust consumer spending and business investment, marking a significant improvement from the first quarter's 1.4% growth. Despite high-interest rates, consumer confidence has shown improvement, and inflation has moderated, suggesting a resilient economy. Corporate profits also rose in both countries, indicating overall economic health.
- Total News Sources
- 13
- Left
- 5
- Center
- 2
- Right
- 5
- Unrated
- 1
- Last Updated
- 17 days ago
- Bias Distribution
- 38% Right
Open Story
Timeline
Analyze and predict the
development of events
Negative
20Serious
Neutral
Optimistic
Positive
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