Wednesday, July 30, 2014

US GDP Second Quarter 2014 Growth 4%

First estimates of US second quarter GDP came in today at 4%, above expectations and considerably above the first quarter. That is good news for Ontario, however based on performance the last few years, I don't think Ontario profits as much from strong US growth as we used to. We just don't make the cars we used to ten or fifteen years ago.

Anyways, Canadian second quarter growth should be interesting, whenever it comes out.

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