Analysis

Data commentaries

• February 3, 2012 - U.S. ISM Non-Manufacturing Index (pdf)
  
• February 3, 2012 - U.S. Employment (pdf)
  
• February 2, 2012 - U.S. Vehicle Sales (pdf)
  
• February 1, 2012 -U.S. ISM Manufacturing Index (pdf)
  
• January 31, 2012 - U.S. Consumer Confidence (pdf)
  
• January 30, 2012 - U.S. Personal Income and Spending (pdf)
  
• January 27, 2012 - U.S. Real GDP - Q4 2011, 1st Estimate (pdf)
  
• January 25, 2012 - Federal Reserve Press Conference (pdf)
  
• January 25, 2012 - U.S. FOMC Interest Rate Decision (pdf)
  
• January 25, 2012 - U.S. State Employment Monitor (pdf)
  
• January 20, 2012 - U.S. Existing Home Sales (pdf)
  
• January 19, 2012 - U.S. Consumer Price Index (pdf)
  
• January 19, 2012 - U.S. Housing Starts (pdf)
  
• January 13, 2012 - U.S. Trade Balance (pdf)
  
• January 12, 2012 - U.S. Retail Sales (pdf)
  
• January 11, 2012 - U.S. Federal Reserve Beige Book (pdf)
  
• January 10, 2012 - NFIB Small Business Optimism Index (pdf)
  
• January 3, 2012 -U.S. FOMC Minutes (pdf) 
  

Regular Publications

• February 3,  2012 - The Weekly Bottom Line (pdf)(U.S. Webcast)
  
• January 30, 2012  - Dollars & Sense (pdf)
  
• January 16, 2012 - U.S. Regional Check-Up (pdf)
  
• December 14, 2011 -Quarterly Economic Forecast - U.S. Economic Outlook (pdf)(Press Release)(webcast) (en français)  
  

Special Reports/Observations

• 2012
  

• January 26, 2012 -The Worrisome Decline In The U.S. Participation Rate (pdf)

• January 17, 2012 - U.S. Auto Sales Coming Back To Life...Slowly But Surely (pdf)

• January 4, 2012 - What to Make of the Revisions to U.S. Existing Home Sales (pdf)  (en français)
  
  
  2011

• November 14, 2011 - Financial Literacy - The Investment of a Lifetime (pdf)(en français)

• November 9, 2011 - Perspective: Gridlock In America(en français)

• October 27, 2011 -The Bay State's Job Revival (pdf)

• October 18, 2011 - U.S. Women Entrepreneurs and the Factors That Drive Their Businesses (pdf)(en français)

• September 28, 2011 -Paying the Piper (pdf)(en français)

• September 9, 2011 -President Obama's American Jobs Act (pdf)

• September 7, 2011 - Can More Fiscal Stimulus Fix America's Labor Market Woes? (pdf)

• September 6, 2011 - For Rent - Miami's Housing Market (pdf) (Webcast)

• August 9, 2011 - Financial Reaction to U.S. Credit Downgrade (pdf) 

• August 8, 2011 - S&P Downgrade of U.S. Credit Rating Changes Nothing (pdf)

• July 28, 2011 - Perspectives On The U.S. Debt Ceiling Debate (pdf)

• July 18, 2011 -Will Inflation Stick? (pdf)

• July 15, 2011 -Hoping Rationality And Leadership Win Out Over Politics (pdf)(en français)

• July 12, 2011 - U.S. Job Machine Needs Faster Economic Growth (pdf)
  
• July 11, 2011 - Jobs Dependent On Small And Medium Sized Firms
  
• June 22, 2011 - Industrial Transformation: The Case Of North Carolina (pdf)
  
• June 9, 2011 - East Coast Housing - If They Build It, Will They Come? (pdf)
  
• May 18, 2011 - Small Businesses Will Reclaim the Driver's Seat Behind the Economic Engine (pdf)
  
• April 20, 2011 - Setting The Stage For A U.S. Housing Recovery (pdf)
  
• April 19, 2011 - Caught In The Middle: The Polarization Of Skills In The U.S. Labor Market (pdf)
  
• March 25, 2011 - America's Manufacturing-Led Recovery (pdf)
  
• March 1, 2011 - How The South Will Get Its Groove Back (pdf)
  
• February 1, 2011 - Municipal Bonds: Not For The Faint Of Heart, But No Cause For Panic (pdf)
  
• January 19, 2011 - U.S. State Economic Outlook: Northeast To Leap Ahead Of South-Atlantic In 2011 (pdf)(Press Release)(New England webcast)(Mid-Atlantic webcast)(South Atlantic webcast)
  
• January 18, 2011 - Outside Of Mortgages, U.S. Credit Showing Broad Improvement (pdf)
  
• January 4, 2011 - An Update On State Tax Revenues (pdf)
  
  
  2010
  
• December 2, 2010 - Putting The U.S. Fiscal House In Order (pdf)(en français)
  
• November 15, 2010 - High-Tech Sector Offers Ray Of Sunshine For Florida (pdf)(Press Release)
  
• November 12, 2010 -Resolving U.S. Housing Problem Essential To Avoiding Japan Experience (pdf)
  
• October 27, 2010 - The Nifty-Fifty No More: An Indepth Look at State Fiscal Finances (pdf)(Executive Summary)
  
• October 5, 2010 - U.S. Unemployment In The Aftermath Of The Great Recession (pdf)
  
• August 27, 2010 - U.S. Recovery Is Tracking Traditional Experience After Financial Crisis Induced Recessions (pdf)
  
• July 29, 2010 - Will Europe's Troubles Wash Up On New England Shores? (pdf)
  
• July 7, 2010 - U.S. Financial Regulatory Reform & The Dodd-Frank Bill (pdf)
  
• May 28, 2010 - Small and Medium Sized Businesses Key to U.S. Economic Recovery (pdf)
  
• May 18, 2010 - U.S. Consumer Prices To Dance Awfully Close To Deflation Danger Zone (pdf)
  
• March 23, 2010 - U.S. Northeast Economy Becomes the Frontrunner (pdf)
  
• March 22, 2010 - U.S. Corporate Profit Growth To Slow As Hiring Resumes (pdf)
  
• March 10, 2010 - Back To Balance: What’s Next For The U.S. Housing Market? (pdf)(webcast)
  
• February 19, 2010 - Enter the Exit Strategy (pdf)
  
• February 4, 2010 - U.S. Won't Have A Jobless Recovery (pdf)
  
  
  2009
  
• December 16, 2009 - U.S. Consumer Credit & Household Deleveraging (pdf)
  
• November 13, 2009 - U.S. Commercial Real Estate Is A Speed Bump, But Not A Road Block To Recovery (pdf)
  
• November 12, 2009 - Possible Economic Impact of H1N1 (pdf)
  
• November 6, 2009 - How Will The Great Recession And Its Recovery Compare To The Past? (pdf)
  
• November 4, 2009 - Is The Global Economy Hard-Wired For A Lingering Fed? (pdf)
  
• September 28, 2009 - Northeast Job Market is a Cut Above (pdf)
  
• August 28, 2009 - The Great Recession: Lessons and Opportunities (pdf)
  
• August 4, 2009 - Is There Evidence That Obama’s Loan Modification Program Is Working? (pdf)
  
• July 31, 2009 - The Nascent Recovery (pdf)
  
• July 30, 2009 - Anatomy of a U.S. Housing Rebound (pdf)
  
• June 1, 2009 - U.S. Exports: Rise of the Machines Starring Emerging Markets (pdf)
  
• May 7, 2009 - U.S. Recovery Has Legs To Stand On (pdf)
  
• May 4, 2009 - Will Guarding Against Deflation Now Lead to an Inflation Problem in the Future? (pdf)
  
• April 23, 2009 - Do State Foreclosure Laws Impact Mortgage Delinquency Rates? (pdf)
  
• April 23, 2009 - U.S. Housing Market - Fishing for the Bottom (pdf)(Press Release)
  
• March 24, 2009 - U.S. Credit Flows During the Fourth Quarter Show Stress on Households and Firms (pdf)
  
• February 19, 2009 - (A Primer on Fiscal Stimulus (pdf))
  
  
  2008
  
• December 5, 2008 - Bailout Rock - Is $4 Trillion a Magic Number? (pdf)
  
• November 24, 2008 - Could Deflation Derail De Fed? (pdf)
  
• November 19, 2008 - The Low Down on a Low Fed Funds Rate (pdf)
  
• November 13, 2008 - Can Equities Recover? (pdf)
  
• October 27, 2008 - Presidents, The Economy and Financial Markets (pdf)
  
• October 17, 2008 - Origins and Policy Response to the Credit Crunch in North America (pdf)
  
• September 26, 2008 - Will the U.S. Dollar go the way of the British Pound? (pdf)
  
• September 9, 2008 - Nausea, Heartburn, Indigestion, Upset Stomach, Fannie, Freddie (pdf)
  
• September 8, 2008 - Fixed Income: U.S. Bailout & Implications (pdf)
  
• August 22, 2008 - Quiet Central Banks, Noisy Markets (pdf)
  
• August 13, 2008 - A Look at U.S. Home Prices from 2002 to Now - The Correction Isn’t Over (pdf)
  
• July 29, 2008 - A Regional Look At U.S. Labour Markets: Don’t Mess With Texas!  (pdf)
  
• July 16, 2008 - U.S. Households Look To Be Saving Their Stimulus Checks (pdf)
  
• July 15, 2008 - Can All The King’s Men Put The U.S. Financial System Back Together Again? (pdf)
  
• June 25, 2008 - If a Central Bank’s Forecast Falls Short of the Mark, Does It Make a Sound? (pdf)
  
• May 22, 2008 - Predicting The U.S. Recovery: Some Leading Indicators Are Better Than Others (pdf)
  
• April 25, 2008 - Is the Credit Crunch Pushing the U.S. Federal Reserve to its Limit? (pdf)
  
• April 11, 2008 - Musings on the U.S. Recession (pdf)
  
• March 17, 2008 - US: Fed Flailings Reveal Further Need For Cuts (pdf)
  
• March 5, 2008 - U.S. Homeowners Not Getting Much of a Break on Mortgage Rates (pdf)
  
• February 21, 2008 - What’s Going On With U.S. Inflation?  (pdf)
  
• February 5, 2008 - Economic Stimulus and the U.S. Outlook (pdf)
  
• January 17, 2008 - The Five Finger Guide: Economic Data that Provide a Heads-up to a U.S. Recession (pdf)
  
  2007
  
• December 12, 2007 - U.S. Consumer Outlook for the Holidays and 2008 (pdf)
  
• November 29, 2007 - American Exports: The Quiet Revolution (pdf)
  
• November 27, 2007 - Weaker U.S. Economic Outlook To Prompt Fed Cuts (pdf)
  
• November 22, 2007 - Canada and the U.S.: The Odd Decouple (pdf)
  
• November 6, 2007 - Oh CDOs, CDOs, Wherefore Art Thou CDOs? (pdf)
  
• September 6, 2007 - The Illusion of Withering Wages (pdf)
  
• August 20, 2007 - The Grey Anatomy of the Current Credit Crunch (pdf)
  
• July 27, 2007 - Inflation Targeting By The Fed: Will It Ever Happen, And Would It Matter? (pdf)
  
• April 30, 2007 - A Primer on the U.S. Sub-prime Market (pdf)
  
• February 15, 2007 - Japanese GDP Flies, Making a Rate Hike Next Week More Likely (pdf)
  
• January 23, 2007 - Resilient U.S. Consumers to Keep Fed on Hold Through 2007 (pdf)
  
  2006
  
• November 17, 2006 - Fed Conundrum with Elevated Inflation to Persist (pdf)
  
• November 14, 2006 - A Primer on Potential Output (pdf)
  
• November 10, 2006 - Economic Impact of U.S. Elections on Canada (pdf)
  
• November 8, 2006 - Tarnishing the Image of the Emerging Market Gilded Age (pdf)
  
• October 27, 2006 - In The Shadow of the U.S. Slowdown: Local Context Key to Global Growth (pdf)
  
• October 2, 2006 - The Decline and Fall of the U.S. Housing Market: Will the Broader Economy Follow? (pdf)
  
• July 25, 2006 - Comparison of Monetary Policy in Canada and the United States: Weaker Fed Transparency the Biggest Difference (pdf)
  
• May 18, 2006 - The U.S. Current Account Deficit: Nothing To Fear But Fear Itself (Executive Summary) (Full Report)
  
• May 11, 2006 - She’s Come Undone: U.S. Housing Market Slowdown is Underway (pdf)
  
• April 3, 2006 - Will U.S. Treasuries Pay a Price for Record Foreign Indebtedness? (pdf)
  
• January 24, 2006 - Inventories Will Shape the Next U.S. Business Cycle (pdf)
  
  2005
  
• August 18, 2005 - U.S. Expansion on ‘Borrowed’ Time (pdf) (press release)
  
• July 15, 2005- U.S. Equities Remain a Long-Term Favourite (pdf)
  
• June 28, 2005 - Last Hurrah for U.S. Economy in 2005, Mid-Cycle Slowdown on Tap for 2006 (pdf)
  
• May 2, 2005 - Is U.S. CPI Under-estimating Inflation? (pdf)
  
• March 2, 2005 - Higher Loonie Fails to Drive Shoppers South (pdf)
  
  2004
  
• September 13, 2004 - U.S. Housing Market: Time to Pay the Piper (pdf)
  
• May 25, 2004 - Has the Fed Left Rates Too Low for Too Long? (pdf)
  

• Daily Economic Indicators * 
• Weekly Bottom Line*
• Small Business Weekly*
• Dollars & Sense*
• Global Markets*
• Quarterly Economic Forecast - Canada*
• Quarterly Economic Forecast - U.S.*
• Quarterly Economic Forecast - Global*
• Provincial Economic Update* 
• Long-term Economic Forecast*
• Commodity Price Report*
• Industrial Outlook*
• Federal & Provincial Budgets

• Canada's Declining Reliance On The U.S. - Where To Grow From Here? *
• The Venus Vs. Mars Approach To Entrepreneurial Success In Canada*
• The Worrisome Decline In The U.S. Participation Rate*
• China's Prospects In The Year Of The Dragon*
• What Rising Personal Debt-To-Income Tells Us*
• Economic Outlook Panel with Ed Clark, David Dodge and Frank McKenna*
• Canadian Auto Sales To Tread Water In 2012*
• U.S. Auto Sales Coming Back To Life...Slowly But Surely*
• What To Make Of The Revisions To U.S. Existing Home Sales*
• Regional Housing Markets: A Year In Review And A Look Ahead*
• Ontario's Debt Rating Put on Negative Watch by Moody's*
• Charities Under Pressure: Demand Outstripping Supply*
• European Sovereign Debt Crisis: Building a Fiscal Compact*
• Europe's Slow Moving Train Wreck Still Moving Down The Tracks*
• Canada's Construction Sector Flexes Its Economic Muscle*
• Financial Literacy - The Investment of a Lifetime*
• Perspective: America in Gridlock*
• Halifax Shipbuilding Contract to Boost Economic Prospects for Nova Scotia*
• Unprecedented Volatility A Hallmark Of Agriculture's New Age*
• European Sovereign Debt Plan: Navigating A Sea Of Missing Details*
• Analyzing The Federal Fiscal Plan Amid Growing Calls To Change Course*
• No To Stimulus, Yes To Deficit Reduction In Canada*
• U.S. Women Entrepreneurs and the Factors That Drive Their Businesses*
• Nimble and Armed with Realistic Expectations, Small Businesses Look to the Future*
• Canada's Aging Household Debt Burden*
• Risk-Filled Environment Augurs For Continued Volatility*
• Patience Is A Virtue For Canada's Lumber Sector*
• Paying the Piper*
• The Keystone XL Pipeline*
• Bay Street Unite*
• Post-Secondary Education Is The Best Investment You Can Make*
• President Obama's American Jobs Act*
• Can More Fiscal Stimulus Fix America's Labor Market Woes?*
• For Rent - Miami's Housing Market*
• Canada’s Economy – A Fortress Or A Sand Castle?*
• Financial Reaction to U.S. Credit Downgrade*
• S&P Downgrade of U.S. Credit Rating Changes Nothing*
• European Response to Fiscal Crisis Remains Inadequate*
• What The U.S. Debt Ceiling Means For Canada*
• Perspectives On The U.S. Debt Ceiling Debate*
• European Sovereign Debt: Bailing-In Greece*
• A Global Perspective On A Potential Chinese Banking Crisis*
• Will Inflation Stick?*
• Moderation In Store For The Canadian Housing Market*
• U.S. Job Machine Needs Faster Economic Growth*
• Jobs Dependent On Small And Medium Sized Firms*
• Slower Growth And Tighter Monetary Conditions Temper Global Inflation*