Weekly Economic Briefings > Us Weekly Economic Briefing - Oxford Economics Services

Weekly Economic Briefings > Us Weekly Economic Briefing

Weekly Economic Briefings > Us Weekly Economic Briefing - Oxford Economics Services
Weekly Economic Briefings > Us Weekly Economic Briefing
Published Aug 05, 2016
6 pages — Published Aug 05, 2016
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Abstract:

A strong July jobs report quelled concerns about the economy following soft Q2 real GDP growth. Looking ahead, we expect consumer spending and rebounding business investment will support GDP growth but a poor H1 means the economy is on track to grow at a sub-par 1.5% pace in 2016.The labor market in Canada softened in July, supporting our downbeat view on near-term real GDP growth. The Bank of England cut rates as was largely expected. Interestingly, policy makers in London may be preparing a fiscal package to support the economy.

  
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340909
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MLA:
Oxford Economics Services. "Weekly Economic Briefings > Us Weekly Economic Briefing" Aug 05, 2016. Alacra Store. Nov 03, 2026. <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Weekly-Economic-Briefings-Us-Weekly-Economic-Briefing-2111-6077>
  
APA:
Oxford Economics Services. (2016). Weekly Economic Briefings > Us Weekly Economic Briefing Aug 05, 2016. New York, NY: Alacra Store. Retrieved Nov 03, 2026 from <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Weekly-Economic-Briefings-Us-Weekly-Economic-Briefing-2111-6077>
  
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