North America
Economic analysis covering the United States, Canada, and Mexico.
Reading The Signals: What Slower US Business Activity Means For Growth And Policy
Recent US purchasing managers indices show business activity growing at the slowest pace in months. This article explains how to interpret the data, how it fits into the broader macro story, and what it could mean for employment, inflation, and Federal Reserve decisions.
US GDP Growth Moderates as Consumer Spending Cools
Fourth-quarter GDP data reveals a deceleration driven by softer household consumption and inventory drawdowns.
Canada Housing Market Correction and Mortgage Stress Tests
Evaluating the impact of higher rates on Canadian home prices and the effectiveness of macro-prudential policy.
US-Mexico Trade Relations Under the New USMCA Review Cycle
How the scheduled USMCA review may reshape North American trade rules on autos, agriculture, and digital commerce.
Federal Budget Deficit and Debt Ceiling Negotiations Impact
Assessing fiscal sustainability as political brinkmanship over the debt ceiling threatens market confidence.
Canadian Energy Sector Transition and Alberta Economic Diversification
How Canada's largest oil-producing province is navigating the shift toward cleaner energy and new industries.
US Regional Banking Consolidation After the 2023 Crisis Aftermath
Tracking merger activity and capital resilience among mid-sized US banks three years after Silicon Valley Bank.
Mexico Manufacturing Boom: Nearshoring and Industrial Growth
How supply chain diversification away from Asia is transforming Mexico's industrial corridors and export profile.