US GDP growth has continued to gradually drop and looks set to slow further, but is not expected to tip into recession, the latest DNB Global Economy Outlook noted.
Restrictive monetary policy continues to hold back the private sector in the US and consumer spending is likely to offer less support as wage growth softens and the labour market cools.
Canada’s economic outlook is likely to improve.
Restrictive monetary policy continues to hold back the private sector in the US and consumer spending is likely to offer less support as wage growth softens and the labour market cools.
Canada’s economic outlook is likely to improve.
