Nova Scotia Department of Finance

Statistics Canada has released real-time local business conditions from July 22 to July 28, 2024. Reference dates reported now refer to the date following the end of the reference week. These data are not adjusted for seasonality and monthly or weekly changes may simply reflect regular seasonal patterns.

From August 10 of 2020 to July 29, 2024, the local business conditions index for Halifax increased by 402.11%. Regina, Abbotsford and Windsor reported the strongest growth in bus…

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Monthly change (July 2024 vs June 2024, seasonally adjusted)

US non-farm payroll employment increased 114,000 from June to July 2024, rising to 158.7 million persons.

The latest monthly increase of 114,000 in US nonfarm payroll employment was slower than the growth of 179,000 reported for June 2024.          &nbs…

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At its scheduled Federal Open Market Committee (FOMC) meeting on July 31st, the Federal Reserve announced that it will maintain the target range for the federal funds rate 5.25% to 5.50%. The Committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage-backed securities, as described in the Plans for Reducing the Size of the Federal Reserve’s Balance Sheet that were issued in May 2022. The monthly redemption cap on Treasury securitie …

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Month over month (June 2024 vs May 2024), seasonally adjusted annual rate)

US construction spending decreased 0.3% to $2,148.4 billion.                                                                                              &nb…

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The US Bureau of Labor Statistics has released preliminary productivity estimates for the second quarter of 2024. All figures are reported as growth from the previous quarter at seasonally adjusted annualized rates.

Nonfarm business sector labour productivity in the US increased 2.3%. Output increased 3.3% and hours worked increased 1.0%. US unit labour co…

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