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March 16, 2026
U.S. March NAHB Homebuilders Index - Picture stabilizing
March 16, 2026 2:13 PM UTC
March’s NAHB homebuilders’ index of 38 is up from 27 in February which has been revised up from 36. The series picked up in late 2025 as the Fed resumed easing but had been showing signs of slipping in early 2026. Now the series looks fairly stable.
U.S. February Industrial Production - Firm start to 2026 may lose momentum
March 16, 2026 1:30 PM UTC
February industrial production has seen moderate gains of 0.2% both overall and in manufacturing to follow strong gains of 0.7% and 0.8% respectively in January. This backs stronger recent data from the ISM and other surveys, but may be difficult to sustain if the Middle East crisis persists.
Canada February CPI - Getting closer to target, but upside risks in March from energy
March 16, 2026 12:52 PM UTC
February Canadian CPI at 1.8% yr/yr from 2.3% has come in softer than expected with the assistance of the ending of a sales tax holiday a year ago, though BoC core rates point to underlying slowing. March data looks set to get a lift from energy prices, but the underlying picture is getting closer t
China: Modest Bounce at Start of 2026, But
March 16, 2026 8:49 AM UTC
· Though the January-February data was better than expected, we expect high oil prices and an adverse effect from the Iran war to hurt China’s export growth. We still feel that the economy remains too dependent on high tech manufacturing and modest consumption will act as a drag on