Canada Key Economic Indicators

Augur Labs Indicators

Indicator Reference Last Previous Unit
Daily Growth Nowcast by Augur Labs April 24, 2024 2.1 2.5 percent
Potential Growth by Augur Labs April 2024 1.5 1.5 percent
Output Gap by Augur Labs April 2024 0.0 -0.0 percent

National Accounts

Indicator Reference Last Previous Unit
Real GDP Growth Rate, Quarter-over-Quarter Q4 2023 1.0 -0.5 percent
Real GDP Growth Rate, Year-over-Year Q4 2023 0.9 0.5 percent
Nominal GDP, National Currency Q4 2023 2,952 2,906 billion
Nominal GDP, USD Q4 2023 2,169 2,167 billion (USD)
Monthly Gross Domestic Product, Month-over-Month February 2024 0.6 0.6 percent
Real Consumption Expenditures Growth Rate, Quarter-over-Quarter Q4 2023 1.0 0.5 percent
Real Consumption Expenditures Growth Rate, Year-over-Year Q4 2023 1.2 1.1 percent

Prices

Indicator Reference Last Previous Unit
Consumer Price Index, Year-over-Year March 2024 2.9 2.8 percent
Core Consumer Price Index, Year-over-Year March 2024 2.9 2.8 percent
Common Inflation (CPI-Common) March 2024 2.9 3.1 percent
Median Inflation (CPI-Median) March 2024 2.8 3.0 percent
Trimmed Inflation (CPI-Trim) March 2024 3.1 3.2 percent

Labor

Indicator Reference Last Previous Unit
Unemployment Rate March 2024 6.1 5.8 percent
Employed Persons March 2024 20,401 20,403 persons
Unemployed Persons March 2024 1,320 1,260 persons
Jobless Claims February 2024 470,530 470,650 persons
Hours Worked March 2024 660,105 662,066

Domestic Trade & Household

Indicator Reference Last Previous Unit
Real Retail Sales, Year-over-Year February 2024 1.0 0.5 percent
Real Retail Sales, Month-over-Month February 2024 -0.3 0.5 percent
Wholesale Sales, Month-over-Month February 2024 2.3 0.4 percent

Foreign Trade

Indicator Reference Last Previous Unit
Exports, Year-over-Year February 2024 4.2 -6.8 percent
Imports, Year-over-Year February 2024 1.4 -5.2 percent

Balance of Payment

Indicator Reference Last Previous Unit
Current Account, USD Q1 2023 -21,758 -20,202 million (USD)

Production

Indicator Reference Last Previous Unit
Industrial Production, Year-over-Year January 2024 1.0 1.6 percent
Industrial Production, Month-over-Month January 2024 0.2 -0.3 percent
Capacity Utilization Q4 2023 78.7 78.8

Orders

Indicator Reference Last Previous Unit
New Orders, Month-over-Month March 2024 -4.9 1.0 percent

Housing

Indicator Reference Last Previous Unit
Building Permits February 2024 11,753,820 10,753,160 thousand CAD
Housing Starts March 2024 242,195 260,047 units

Money & Credit

Indicator Reference Last Previous Unit
Central Bank Policy Rate April 25, 2024 5.000 5.000 percent
Broad Money February 2024 3,612 3,591 billion
Narrow Money February 2024 1,508 1,501 billion

Automobile

Indicator Reference Last Previous Unit
Vehicle Sales February 2024 137,686 116,874 units

Surveys

Indicator Reference Last Previous Unit
Consumer Confidence March 2024 67.8 66.3 points
CFIB Business Barometer March 2024 52.6 51.3 points
Manufacturing PMI March 2024 49.8 49.7
Services PMI March 2024 46.4 46.6

Market

Indicator Reference Last Previous Unit
10-Year Bond Yield April 23, 2024 3.78 3.78 percent
3-Month Bill Rate April 22, 2024 4.91 4.89 percent
Cyclically Adjusted Price-to-Earnings Ratio (CAPE) April 2024 19.0 19.6
Real Effective Exchange Rate (Trade-Weighted) April 24, 2024 -14.5 -14.3
2-Year/10-Year Yield Curve April 23, 2024 -44.4 -45.0 basis points
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