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Francis Généreux
Principal Economist
Weekly Commentary
A Year Out from the Presidential Election, America’s Fiscal House Is Not in Order
October 27, 2023
- Canada: We expect employment growth to have been around 10K in October.
- Canadian monthly real GDP growth likely accelerated in August.
- Will the Fed pause again?
- After September's shock report, US job creation probably fell back under 200,000.
- United States: The ISM Manufacturing index likely stayed flat, but the ISM Services index could have dropped.