A subscriber to BVR’s Economic Outlook Update™ recently emailed, asking if the quarterly report covered the Canadian Economy. Unfortunately, the EOU hasn’t yet reached across our northern border, but try our partners, Consensus Economics, Inc. (publishers of Canada Economic Forecasts) here.
As for the latest U.S. data from the EOU: The real GDP is expected to grow by 2.5% in the fourth quarter of 2006 and by 2.7% in the first quarter of 2007. For 2006 and 2007, the real GDP growth rate is expected to be 3.4% and 2.6%, respectively, while in the longer term, the real GDP is expected to grow by 3.1% for the next ten years (2008-2016).
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