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March 13, 2026 2:54 PM UTC
We expect an unchanged February industrial production total to follow a strong 0.7% increase in January. For manufacturing we expect a 0.1% increase to follow a 0.6% rise in January. Despite the subdued February forecast, trend appears to be picking up.
March 13, 2026 2:44 PM UTC
We expect February Canadian CPI to slip to a 6-month and on-target low of 2.0% yr/yr (1.96% before rounding) from 2.3% (2.29% before rounding) in January, the slowing mainly due to the ending of a sales tax holiday a year ago, which lasted from mid-December of 2024 to mid-February of 2025). The Ba
March 13, 2026 2:23 PM UTC
The preliminary March Michigan CSI does not suggest much impact from the Middle East conflict yet, but the final March report may be a different story. A rise in January job openings looks corrective from two straight declines.
March 13, 2026 1:57 PM UTC
Canada’s February employment report is very weak, falling by 83.9k to extend a 24.8k fall in January. The data may in part be corrective from over-inflated stronger in September, October and November of 2025 but there is little in the February breakdown that mitigates the weakness of the headline.

March 13, 2026 1:31 PM UTC
The latest US data is mostly on the weak side of expectations, most notably a broad based downward revision to Q4 GDP to 0.7% from 1.4%. January personal income, personal spending and core PCE prices all rose by 0.4%, net close to expectations, though upward revisions to savings reduce downside cons

March 13, 2026 7:41 AM UTC
Fresh downside surprises were the story from the January GDP numbers. Expectations that the economy would enjoy a further successive rise, thereby providing the best three-month showing in two years were dashed as GDP instead stagnated. Weakness was broad-based but most evident in private servic