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Weekly Commentary

More Positive Economic News for the United States and Canada

March 5, 2021
François Dupuis • Mathieu D’Anjou • Benoit P. Durocher • Francis Généreux • Lorenzo Tessier-Moreau • Hendrix Vachon

HIGHLIGHTS :

  • United States: Jobs rebound in February.
  • United States: The ISM manufacturing index climbed in January, but the ISM services index fell further than anticipated.
  • Canada: Real GDP growth beat expectations for the fourth quarter of 2020.
  • Canada: Labour productivity fell in the fourth quarter of 2020.
  • Canada: The merchandise trade balance improved in January.