Description

Measures: Change in the number of new building approvals issued;

Why Traders Cares: It's an excellent gauge of future construction activity because obtaining government approval is among the first steps in constructing a new building. Construction is important because it produces a wide-reaching ripple effect - for example, jobs are created for the construction workers, subcontractors and inspectors are hired, and various services are purchased by the builder.

• Actual10.4%
• Forecast2.5%
• Précédent5.7%
• Releaseil y a 5 j, 22 h

Description

Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry;

Why Traders Cares: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;

Notes: Above 50.0 indicates industry expansion, below indicates contraction.

• Actual43.9
• Forecast42.1
• Précédent42.1
• Releaseil y a 5 j, 16 h

Description

Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry;

Why Trades Cares: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;

Notes: Above 50.0 indicates industry expansion, below indicates contraction.

• Actual42.4
• Forecast42.1
• Précédent42.1
• Releaseil y a 5 j, 16 h

Description

Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry;

Why Traders Cares: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;

Notes: Above 50.0 indicates industry expansion, below indicates contraction.

• Actual45.8
• Forecast45.6
• Précédent45.6
• Releaseil y a 5 j, 15 h

Description

Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry;

Why Traders Cares: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;

Notes: Above 50.0 indicates industry expansion, below indicates contraction. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Nov 2019, is the earliest and thus tends to have the most impact;

• Actual52.5
• Forecast52.5
• Précédent52.5
• Releaseil y a 5 j, 15 h

Description

Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry;

Why Traders Cares: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;

Notes: Above 50.0 indicates industry expansion, below indicates contraction;

• Actual52.5
• Forecast52.5
• Précédent52.5
• Releaseil y a 5 j, 15 h

Description

Measures: Change in the price of internationally traded goods;

Notes: Calculates the volume of imports that can be purchased with an equal volume of exports;

• Actual2.1%
• Forecast2%
• Précédent5.1%
• Releaseil y a 5 j, 1 h

Description

Measures: Difference in value between imported and exported goods, services, income flows, and unilateral transfers during the previous quarter;

Why Trades Cares: It's directly linked to currency demand - a rising surplus indicates that foreigners are buying more of the domestic currency to execute transactions in the country;

• Actual-10.7B
• Forecast-5.9B
• Précédent2.7B
• Releaseil y a 4 j, 22 h

Description

Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry

Why Traders Cares: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy

Notes: Above 50.0 indicates industry expansion, below indicates contraction

• Actual49.5
• Forecast
• Précédent47.8
• Releaseil y a 4 j, 10 h

Description

Measures: Level of a diffusion index based on surveyed purchasing managers in the services industry

Why Traders Cares: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy

Notes: Survey of about 400 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories

• Actual47.9
• Forecast48
• Précédent48
• Releaseil y a 4 j, 10 h

Description

Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry;

Why Traders Cares: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;

Notes: Above 50.0 indicates industry expansion, below indicates contraction;

• Actual47.2
• Forecast47.5
• Précédent46.8
• Releaseil y a 4 j, 9 h

Description

Measures: Change in the total amount builders spent on construction projects;

• Actual-0.3%
• Forecast0%
• Précédent-0.4%
• Releaseil y a 4 j, 9 h

Description

Measures: Change in the inflation-adjusted value of all goods and services produced by the economy;

Why Traders Cares: It's the broadest measure of economic activity and the primary gauge of the economy's health;

• Actual0.2%
• Forecast0.3%
• Précédent0.3%
• Releaseil y a 3 j, 22 h

Description

Measures: Change in the global price of exported commodities;

Notes: Tends to have a muted impact because the tightly-correlated Australian commodity prices are usually released a few days earlier;

• Actual-1.7%
• Forecast
• Précédent1.5%
• Releaseil y a 1 mois, 2 j

Description

Measures: Level of a diffusion index based on surveyed purchasing managers in the services industry;

Why Traders Cares: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;

Notes: Above 50.0 indicates industry expansion, below indicates contraction.

• Actual55
• Forecast55
• Précédent55
• Releaseil y a 3 j, 16 h

Description

Measures: Level of a diffusion index based on surveyed purchasing managers in the services industry;

Why Traders Cares: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;

Notes: Above 50.0 indicates industry expansion, below indicates contraction.

• Actual55
• Forecast55
• Précédent55
• Releaseil y a 3 j, 16 h

Description

Measures: Level of a diffusion index based on surveyed purchasing managers in the services industry;

Why Traders Cares: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;

Notes: Above 50.0 indicates industry expansion, below indicates contraction.

• Actual51.2
• Forecast51.4
• Précédent51.4
• Releaseil y a 3 j, 16 h

Description

Measures: Level of a diffusion index based on surveyed purchasing managers in the services industry;

Why Traders Cares:It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;

Notes: Above 50.0 indicates industry expansion, below indicates contraction. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Nov 2019, is the earliest and thus tends to have the most impact;

• Actual53.7
• Forecast53.3
• Précédent53.3
• Releaseil y a 3 j, 15 h

Description

Measures: Level of a diffusion index based on surveyed purchasing managers in the services industry;

Why Traders Cares: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;

Notes: Above 50.0 indicates industry expansion, below indicates contraction;

• Actual53.7
• Forecast53.3
• Précédent53.3
• Releaseil y a 3 j, 15 h

Description

Measures: Difference in value between imported and exported goods during the reported month;

Why Traders Cares: Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers;

Notes: A positive number indicates that more goods were exported than imported. About 75% of Canadian exports are purchased by the US;

• Actual0.68B
• Forecast0.85B
• Précédent-1.61B
• Releaseil y a 3 j, 11 h

Description

Measures: Interest rate at which major financial institutions borrow and lend overnight funds between themselves;

Why Traders Cares: Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future;

Notes: The rate decision is usually priced into the market, so it tends to be overshadowed by the BOC Rate Statement, which is focused on the future;

• Actual4.25%
• Forecast4.25%
• Précédent4.5%
• Releaseil y a 3 j, 10 h

Description

Measures: Number of job openings during the reported month, excluding the farming industry;

• Actual7.673M
• Forecast8.1M
• Précédent8.23M
• Releaseil y a 3 j, 9 h

Description

Measures: Difference in value between imported and exported goods and services during the reported month; (M/M)

Why Traders Cares: Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers;

• Actual6.009B
• Forecast5150B
• Précédent5052B
• Releaseil y a 2 j, 22 h

Description

Messures: Level of a diffusion index based on surveyed purchasing managers in the construction industry;

Why Traders Cares: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;

Notes: Above 50.0 indicates industry expansion, below indicates contraction;

• Actual53.6
• Forecast54.9
• Précédent55.3
• Releaseil y a 2 j, 15 h

Description

Measures: Estimated change in the number of employed people during the previous month, excluding the farming industry and government;

Why Traders Cares: Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity;

Notes: This data provides an early look at employment growth, usually 2 days ahead of the government-released employment data that it's designed to mimic

• Actual99K
• Forecast145K
• Précédent155K
• Releaseil y a 2 j, 11 h

Description

Measures: The number of individuals who filed for unemployment insurance for the first time during the past week;

Why Traders Cares: Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy;

• Actual227K
• Forecast230K
• Précédent233K
• Releaseil y a 2 j, 11 h

Description

Measures: Level of a diffusion index based on surveyed purchasing managers in the services industry;

Why Traders Cares: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy

Notes: Survey of about 650 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories;

• Actual55.7
• Forecast55.2
• Précédent55.2
• Releaseil y a 2 j, 10 h

Description

Measures: Level of a diffusion index based on surveyed purchasing managers, excluding the manufacturing industry;

Why Traders Cares: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;

Notes: Above 50.0 indicates industry expansion, below indicates contraction.

• Actual51.5
• Forecast51.1
• Précédent51.4
• Releaseil y a 2 j, 9 h

Description

Measures: Change in the inflation-adjusted value of all goods and services produced by the economy;

Why Traders Cares: It's the broadest measure of economic activity and the primary gauge of the economy's health;

Notes: The Preliminary Flash release is the earliest and thus tends to have the most impact

• Actual0.2%
• Forecast0.3%
• Précédent0.3%
• Releaseil y a 1 j, 14 h

Description

Measures: Change in the number of employed people during the previous month;

Why Traders Cares: Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity;

Notes: This is vital economic data released shortly after the month ends. The combination of importance and earliness makes for hefty market impacts;

• Actual22.1K
• Forecast25K
• Précédent-2.8K
• Releaseil y a 1 j, 11 h

Description

Measures: Percentage of the total work force that is unemployed and actively seeking employment during the previous month;

Why Traders Cares: Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions;

• Actual6.6%
• Forecast6.5%
• Précédent6.4%
• Releaseil y a 1 j, 11 h

Description

Measures: Change in the number of employed people during the previous month, excluding the farming industry;

Why Traders Cares: Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity;

Notes:This is vital economic data released shortly after the month ends. The combination of importance and earliness makes for hefty market impacts;

• Actual142K
• Forecast160K
• Précédent179K
• Releaseil y a 1 j, 11 h

Description

Measures: Change in the price businesses pay for labor, excluding the farming industry;

Why Traders Care: It's a leading indicator of consumer inflation - when businesses pay more for labor the higher costs are usually passed on to the consumer;

Notes: This is the earliest data related to labor inflation. Source changed series calculation formula as of Feb 2010;

• Actual0.7%
• Forecast0.3%
• Précédent0.2%
• Releaseil y a 1 j, 11 h

Description

Measures: Percentage of the total work force that is unemployed and actively seeking employment during the previous month;

Why Traders Cares: Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy;

• Actual4.2%
• Forecast4.2%
• Précédent4.3%
• Releaseil y a 1 j, 11 h

Description

Measures: Level of a diffusion index based on surveyed purchasing managers;

Why Traders Cares: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;

Notes: Above 50.0 indicates industry expansion, below indicates contraction.

• Actual50.3
• Forecast
• Précédent55.3
• Releaseil y a 1 j, 9 h