TD Economics

TD Economics

Analysis of economic performance and the implications for investors

The analysis covers the globe, with emphasis on Canada, the United States, Europe and Asia

Latest Releases

(en français) indicates content is available on our French website

February 9, 2016

The Federal Reserve's Conundrum: Part II (pdf) 
U.S. NFIB Small Business Optimism Index (pdf) 

February 8, 2016

Canada-U.S. Cross-Border Spending: A Reversal of Fortunes (pdf) 

February 5, 2016

Canadian Housing Starts (pdf) 
The Weekly Bottom Line (pdf) 
Canadian Employment (pdf) 
U.S. Employment (pdf) 
Canadian International Trade (pdf) 
U.S. International Trade (pdf) 

February 3, 2016

U.S. ISM Non-Manufacturing Index (pdf) 
U.S. Commercial Real Estate Outlook (pdf) 

February 2, 2016

2016 New Brunswick Budget (pdf) 
U.S. Vehicle Sales (pdf) 

February 1, 2016

U.S. ISM Manufacturing Index (pdf) 
U.S. Personal Income and Spending (pdf) 

January 29, 2016

Bank of Japan Policy Rate Decision (pdf) 
Canadian Real GDP (pdf) 
U.S. Real GDP (Q4 2015, Advance Estimate) (pdf) 

January 28, 2016

Global Markets (pdf) 
U.S. Dollars & Sense (pdf)  
Canadian Dollars & Sense (pdf)   (en français)
Canada: CFIB Small Business Barometer (pdf) 

January 27, 2016

U.S. FOMC Statement (pdf) 

January 26, 2016

Canadian Provincial Economic Forecast (pdf) (en français)

January 19, 2016

China Fourth Quarter GDP (pdf) 

January 14, 2016

U.S. Economy Ended 2015 On a Weak Note, But Fundamentals Still Strong (pdf) 

January 11, 2016

Bank of Canada Business Outlook & Senior Loan Officer Surveys (Q4) (pdf) 

January 8, 2016

Six Employment Facts From A Not So Great Year (pdf) 

January 7, 2016

Speech by Bank of Canada Governor Stephen Poloz (pdf)
Don't Let Zero Get In the Way of the Lower Bound (pdf) 

January 5, 2016

Canadian Long-Term Financial Asset Returns: An Economic Perspective (pdf) 
U.S. Long-Term Financial Asset Returns: An Economic Perspective (pdf) 

December 18, 2015

U.S. Quarterly State Forecast (pdf) 

December 17, 2015

Long-term Economic Forecast (pdf)
Finally! Federal Reserve Hikes Rates 0.25% (webcast) 
Quarterly Economic Forecast (pdf) (press release) (en français)

December 15, 2015

As Oil Prices Scrape the Bottom of the Barrel, What Lies Ahead? (pdf) 

December 11, 2015

Looking For A House? Mortgage Down Payment Rules Change (webcast) 
Federal Government Announcement: Further Tightening To Qualifying Rules for Insured Mortgages (pdf) 

Strong Dollar Bites Into Exports, But Impact Varies By State (pdf) 
Bank of Canada Interest Rate Announcement (pdf) 

December 1, 2015

Canadian and U.S. Millennials: One of These Is Not Like the Other (pdf) 

November 26, 2015

Quebec Fiscal Update (pdf) (en français)
Ontario Fiscal Update (pdf) 
Commodity Price Report (pdf) 

The Trans-Pacific Partnership: A New Generation Trade Deal (pdf) 

November 10, 2015

Trust, But Verify: Fed to Remain Cautious With Rate Hikes Even After the First (pdf) 

November 9, 2015

Who's the Most Vulnerable of Them All? Measuring Household Financial Vulnerability By Region (pdf) 

November 6, 2015

Canadian Agriculture Sector: Prices Down, But Loonie Providing Some Offset (pdf)  (en français)

October 27, 2015

Alberta 2015 Budget: A Longer Road Back to Balance (pdf) 
How the Election Results Affects Your Finances (webcast) 

October 23, 2015

Liberal Party Tax & TFSA Revamp (webcast) 

October 22, 2015

Internal Trade in Canada: To Sustain Solid Gains, Barriers Must Fall (pdf) (en français)

October 21, 2015

Canadian Small Businesses Resilient Even in Turbulent Waters (pdf)  (en français)

October 20, 2015

With a Liberal Win, Infrastructure Set to Take a Bigger Role (pdf)  (en français)

October 9, 2015

Business Investment Outlook: Trade-Based Sectors to Step Out of Resource Shadow (pdf) 

October 8, 2015

The Federal Reserve's Conundrum: Raising Rates Admist Conflicting Expectations (pdf) 

October 1, 2015

The Ties that Bind: Bank of Canada Won't Follow U.S. in Raising Rates (pdf) 

September 3, 2015

Failure To Launch: Canadian Exports And Structural Headwinds (pdf)  (en français)

August 31, 2015

Canadian Regional Housing Outlook: The Power of Low Interest Rates (pdf)  (en français)

August 26, 2015

Domestic Tourism Will Support Florida Economy Despite International Weakness (pdf) 

August 24, 2015

Why Are We Not Seeing A Manufacturing Rebound In The Northeast? (pdf) 

August 21, 2015

Canada’s Retail Sector Mostly Upbeat In First Half Of 2015 (pdf) 

Special Reports

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