Trade credit insurance protects your account receivables, enabling you to trade, expand domestically and abroad without the risk of bad debt. Click now to learn more!
Accounts receivable turnover (ART) ratio measures how often a company collects its average accounts receivable within a specific period, typically a year. Click now to learn more!
Mitigating financial risk is essential for the future health of your business. Learn more about what financial risk management is and how to analyze it.
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A broken record: a cooling, but still growing, economy and a painfully slow decline in inflation
The May Consumer Price Index (CPI) rose more than expected. Read Dan North's Report to learn about current inflation trends.
Another Progressive Leader Falls - Canada's Trudeau Resigns
On a month-over-month basis, retail sales rose 0.4% in October, faster than expectations of 0.3%, and September was revised up sharply from 0.4% to 0.8%. On a year-over-year basis, sales beat expectations and grew 2.8%.
On a month-over-month basis, retail sales rose 0.4% in October, faster than expectations of 0.3%, and September was revised up sharply from 0.4% to 0.8%. On a year-over-year basis, sales beat expectations and grew 2.8%.
The April employment report was quite solid. The economy gained 177,000 jobs vs expectations of 133,000. The unemployment rate remained unchanged versus expectations of rising 0.1%, and a broader measure of unemployment fell from 7.9% to 7.8%. The participation rate rose from 62.5% to 62.6%, which is good except that it has been ranging between 62.4% to 62.7% for the past 15 months. Wages were a shade light, growing 0.2% month over month versus expectations of 0.3%. Wages also came in light on a year-over-year basis, rising 3.8% versus expectations of 3.9%.
Consumers keep rolling along despite irritating inflation
On a month-over-month basis, retail sales rose 0.4% in October, faster than expectations of 0.3%, and September was revised up sharply from 0.4% to 0.8%. On a year-over-year basis, sales beat expectations and grew 2.8%.
