Canadian GDP Nowcast
Real-time estimates of economic growth in Canada in the current/most recent quarter- Introducing Scotiabank’s Nowcasting Model for the Canadian Economy (October 30, 2018)
Estimate of Canadian GDP Growth in Q4-2019
- Scotiabank Nowcast: Weaker December Manufacturing Sales Push Q4-2019 to 0.12% (February 18, 2020)
- Scotiabank Nowcast: Merchandise Trade Rebounds on Energy Exports, Q4-2019 at 0.16% (February 5, 2020)
- Scotiabank Nowcast: November GDP Better Than Expected, Q4-2019 Flat at +0.06% (January 31, 2020)
- Scotiabank Nowcast: Retail Trade Rebound Pulls Q4-2019 up to -0.24% (January 24, 2020)
- Scotiabank Nowcast: Wholesale Sector Decline Pushes Q4-2019 to -0.29% (January 22, 2020)
- Scotiabank Nowcast: Manufacturing Sales Declined Further in November, Q4-2019 Down at -0.12% (January 21, 2020)
- Scotiabank Nowcast: Employment Gains In December Edge Q4-2019 up to 0.03% (January 10, 2020)
- Scotiabank Nowcast: Merchandise Trade Disruptions Drive Q4-2019 to -0.03% (January 7, 2020)
- Scotiabank Nowcast: GDP as Expected, Data Revisions Drive Q4-2019 to 0.13% (December 23, 2019)
- Scotiabank Nowcast: Canadian Retail Sales Tumbled in October, Q4-2019 Down at 0.31% (December 20, 2019)
- Scotiabank Nowcast: Weak Wholesale Trade, Strong US IP Leave Q4-2019 at 0.45% (December 19, 2019)
- Scotiabank Nowcast: Unexpected Decline in Manufacturing Sales Leaves Q4-2019 at 0.48% (December 17, 2019)
- Scotiabank Nowcast: 71K Jobs Lost in Canada in November, Q4-2019 Nowcast Falls to 0.59% (December 6, 2019)
- Scotiabank Nowcast: Weaker-Than-Expected Exports Rebound Leaves Q4-2019 at 0.8% (December 5, 2019)
Estimate of Canadian GDP Growth in Q3-2019
- Scotiabank Nowcast: GDP Grew 1.3% in Q3-2019, Matching Expectations (November 29, 2019)
- Scotiabank Nowcast: Wholesale Trade Rebounded in September, Q3-2019 GDP Up at 1.25% (November 25, 2019)
- Scotiabank Nowcast: Flat Real Retail Sales Leave Q3-2019 Roughly Unchanged at 1.20% (November 22, 2019)
- Scotiabank Nowcast: Weak Canadian Manufacturing Sales Lower Q3-2019 to 1.21% (November 19, 2019)
- Scotiabank Nowcast: Tumbling Canadian Exports in September Leave Q3-2019 at 1.26% (November 5, 2019)
- Scotiabank Nowcast: August GDP Expansion Weaker than Expected, Q3-2019 at 1.37% (October 31, 2019)
- Scotiabank Nowcast: Weak Wholesale Trade Lowers Q3-2019 to 1.67% (October 23, 2019)
- Scotiabank Nowcast: Pickup in Retail Trade Offset by Weak US IP, Q3-2019 at 1.82% (October 22, 2019)
- Scotiabank Nowcast: Strong Manufacturing Sales Expansion Consistent with Q3-2019 at 1.86% (October 17, 2019)
- Scotiabank Nowcast: Employment Gains in September Push Q3-2019 Up to 1.85% (October 11, 2019)
- Scotiabank Nowcast: Robust Residential Permits Lift Q3-2019 Slightly to 1.83% (October 8, 2019)
- Scotiabank Nowcast: Real Exports, Rail Traffic Push Q3-2019 Down to 1.77% (October 4, 2019)
- Scotiabank Nowcast: July GDP Growth Flat, Q3-2019 Edges Down to 1.88% (October 1, 2019)
- Scotiabank Nowcast: Strong Wholesale Trade Rebound Pushes Q3-2019 up to 2.02% (September 23, 2019)
- Scotiabank Nowcast: Flat Real Retail Sales Slightly Offset Better US Data, Q3-2019 at 1.70% (September 20, 2019)
- Scotiabank Nowcast: July Manufacturing Data Leaves Q3-2019 Nowcast at 1.60% (September 17, 2019)
- Scotiabank Nowcast: Real Merchandise Exports Rise Slightly, Q3-2019 at 1.40% (September 4, 2019)
Estimate of Canadian GDP Growth in Q2-2019
- Scotiabank Nowcast: Real Retail Sales Rise Slightly, Q2-2019 GDP Unchanged at 2.79% (August 23, 2019)
- Scotiabank Nowcast: Wholesale Sales Rise in June Leaving Q2-2019 at 2.79% (August 22, 2019)
- Scotiabank Nowcast: Flat Real Manufacturing Shipments Leave Q2-2019 Stable at 2.78% (August 20, 2019)
- Scotiabank Nowcast: Q2-2019 Steady at 2.83% on Mixed Data Since Mid-July (August 9, 2019)
- Scotiabank Nowcast: Weak Retail Sales in May Edge Q2-2019 Down to 2.75% (July 19, 2019)
- Scotiabank Nowcast: Strong Jump in Manufacturing Sales Pushes Q2-2019 Up to 2.8% (July 17, 2019)
- Scotiabank Nowcast: Housing Reports Edge Q2-2019 Nowcast Down to 2.70% (July 9, 2019)
- Scotiabank Nowcast: Flat June Employment Lowers Q2-2019 Nowcast to 2.74% (July 5, 2019)
- Scotiabank Nowcast: Unbelievably Strong Jump in Exports Boosts Q2-2019 to 2.80% (July 3, 2019)
- Scotiabank Nowcast: April GDP Expansion Roughly as Expected, Q2-2019 Nowcast at 2.30% (June 28, 2019)
- Scotiabank Nowcast: Strong Expansion of Wholesale Sales Boosts Q2-2019 to 2.20% (June 25, 2019)
- Scotiabank Nowcast: Real Retail Sales Fall in April, Q2-2019 Nowcast at 2.02% (June 21, 2019)
- Scotiabank Nowcast: Manufacturing Sales Decline in April, Q2-2019 Nowcast at 2.07% (June 18, 2019)
Estimate of Canadian GDP Growth in Q1-2019
- Scotiabank Nowcast: Q1 Growth at 0.4% Weaker Than Expected On Significant Revisions (May 31, 2019)
- Scotiabank Nowcast: Canadian Wholesale Trade Rebounds in March, Q1-2019 at 1.28% (May 23, 2019)
- Scotiabank Nowcast: Canadian Retail Sales Expand in March, Q1-2019 at 1.27% (May 22, 2019)
- Scotiabank Nowcast: Strong March Mfg Sales as Expected, Q1-2019 Nowcast at 1.28% (May 16, 2019)
- Scotiabank Nowcast: Strong Rebound in Canadian Exports Pushes Q1-2019 Nowcast up to 1.26% (May 9, 2019)
- Scotiabank Nowcast: February Canadian GDP Declined Roughly as Expected, Q1-2019 Nowcast at 1.20% (April 30, 2019)
- Scotiabank Nowcast: Rising Wholesale Sales Nudge Q1-2019 Nowcast Up to 1.43% (April 23, 2019)
- Scotiabank Nowcast: US/CA Retail Trade Rise Nudges Q1-2019 Nowcast to 1.34% (April 18, 2019)
- Scotiabank Nowcast: Weak Canadian Exports in February Pull Q1-2019 Nowcast Down to 1.30% (April 17, 2019)
- Scotiabank Nowcast: Despite a Decline in Manufacturing Sales in February, Q1-2019 Rises to 1.57% (April 16, 2019)
- Scotiabank Nowcast: Stronger Starts, Weaker Permits Nudge Nowcast Down to 1.38% (April 9, 2019)
- Scotiabank Nowcast: Strong Rise in Hours Worked in March Pushes Q1-2019 Canadian Nowcast to 1.41% (April 5, 2019)
- Scotiabank Nowcast: 0.35% Cdn GDP Growth in January Matches Expectations, Q1-2019 Nowcast at 1.09% (March 29, 2019)
- Scotiabank Nowcast: Strong Rebound in Canadian Trade Pushes Q1-2019 Nowcast to 0.96% (March 27, 2019)
- Scotiabank Nowcast: Flat Real Retail Sales Nudge Q1-2019 Nowcast Down to 0.83% (March 22, 2019)
- Scotiabank Nowcast: Wholesale Trade Points to January Growth Rebound, Q1-2019 at 0.85% (March 21, 2019)
- Scotiabank Nowcast: Strong Expansion in Mfg Sales Pushes Q1-2019 Nowcast to 0.53% (March 15, 2019)
- Scotiabank Nowcast: Weak Hours Worked in Canada Leave Q1-2019 at -0.28% (March 8, 2019)
Estimate of Canadian GDP Growth in Q4-2018
- Q4-2018 GDP Growth at 0.4%, Weaker than the Latest Nowcast of 0.84% (March 1, 2019)
- Real Retail Sales Rise in December, Q4-2018 Nowcast Steady at 0.84% (February 22, 2019)
- Rising Wholesale Inventories in December Add to Concerns of Slowing Growth: Q4-2018 Nowcast at 0.84% (February 21, 2019)
- December Manufacturing Sales End Q4-2018 on a Weak Note: Nowcast at 0.97% (February 14, 2019)
- Contraction in November GDP Drops the Q4-2018 Nowcast to 1.17% (January 31, 2019)
- November Manufacturing Shipments Decline, Q4-2018 Nowcast Drops to 1.3% (January 22, 2019)
- Weak Canadian Motor Vehicle Sales Lower Q4-2018 Nowcast to 1.59% (January 18, 2019)
- Weak Merchandise Trade for November Pushes Q4-2018 Nowcast to 1.68% (January 8, 2019)
- US and Canadian Labour Indicators Nudge Q4-2018 Nowcast Up to 2.08% (January 4, 2019)
- October GDP Boosts Q4-2018 Nowcast to 2.07%, ex Q4 Oil Patch Impact (December 21, 2018)
- Manufacturing Sales in October Leave the Q4-2018 Nowcast Slightly Lower at 1.57% (December 18, 2018)
- Solid US IP Helps Edge Q4-2018 Nowcast up to 1.59% (December 14, 2018)
- Canadian Merchandise Trade Lifts the Q4-2018 Nowcast to 1.56% (December 6, 2018)
Estimate of Canadian GDP Growth in Q3-2018
- Canadian Q3-2018 GDP Nowcast Still at 1.74% After Retail Sales Release (November 23, 2018)
- Canadian Q3 GDP Nowcast Down to 1.74% on Wholesale Trade (November 21, 2018)
- Canadian Manufacturing Shipments for September Leave Q3-2018 GDP Nowcast at 1.9% (November 16, 2018)
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