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Consumers may not be feeling as ‘rosy’ as the economy appears to be - National
Global News· 2025-11-28 20:49
Economic Overview - Canada's GDP increased in September, allowing the country to avoid a technical recession despite ongoing trade war and tariff uncertainties [2][8] - The unemployment rate fell slightly in October, marking the first drop in three months, but remains around 7%, the highest in four years [3][8] Consumer Behavior - Average household spending per capita fell by 0.2% from July to September, with 41% of Canadians planning to spend less during the holidays compared to last year [5][10] - Consumer confidence has been at historic lows throughout the year, reflecting concerns about the overall economy and job market [2][8] Price Trends - The Consumer Price Index for October showed an average price increase of 2.2% compared to the same period in 2022, with food prices rising by 3.4% [7][8] - Despite some positive economic indicators, consumers are facing higher prices than the previous year, leading to increased precautionary savings [9][10] Economic Sentiment - Experts suggest that while macroeconomic indicators may show growth, individual experiences can vary significantly, with many feeling economically strained [6][11] - The Bank of Canada noted the cautious consumer sentiment, attributing it to concerns about job security and economic stability [10][11]
X @Avalanche🔺
Avalanche🔺· 2025-11-28 15:49
Core Argument - Real GDP increases when businesses are built onchain, and Avalanche aims to put real GDP onchain [7] - By putting real GDP onchain, money velocity increases, thereby increasing real GDP [1] - Avalanche's ecosystem is focused on increasing both money supply through sustainable businesses and money velocity through network speed [4] Avalanche's Strategy - Avalanche is building an ecosystem, not a business, comprising thousands of interconnected entities [2] - The focus is on sustainable businesses, which take time to build, indicating a long-term strategy [3] - Avalanche is onboarding the world to blockchain, aiming for a future where blockchain usage is seamless [8] Key Features & Applications - Avalanche's high throughput, horizontal scaling, and sub-second finality support real GDP onchain [4] - Sustainable revenue is being put onchain through various applications like ticketing, institutional finance, DeFi, loyalty programs, gaming, payments, and privacy [5][6][7] - Avalanche aims to improve GDP by reducing trapped capital through sub-second finality [7]
Canada's third-quarter annualized GDP surprises with growth of 2.6%
Yahoo Finance· 2025-11-28 15:04
By Promit Mukherjee OTTAWA (Reuters) -Canada's economy grew at a much faster pace than expected in the third quarter as crude oil exports and government spending boosted economic activity, data showed on Friday,​ even as business investments and household consumption disappointed due to the lingering uncertainty over U.S. tariffs. Third-quarter ‌annualized gross domestic product grew 2.6%, Statistics Canada said, escaping what could have been a technical recession after a contraction in the previous ‌qua ...
7个名字带“州”城市GDP过万亿
第一财经· 2025-11-28 11:59
Core Viewpoint - The article discusses the economic impact and opportunities arising from the Jiangsu Province's first urban football league championship, highlighting the promotional strategies employed by Taizhou to leverage this event for tourism and economic growth [3]. Economic Impact of "Zhou" Cities - Taizhou's initiative allows citizens from cities with "Zhou" in their names to access free or discounted entry to local attractions, aiming to boost tourism [3]. - The 43 cities with "Zhou" in their names collectively have a GDP of 25.8 trillion yuan, accounting for 19.1% of the national GDP [3]. - Among these, 14 cities have a GDP exceeding 500 billion yuan, with 7 cities surpassing 1 trillion yuan, including Guangzhou, Suzhou, and Hangzhou [3][4]. GDP Performance of Key Cities - Guangzhou leads with a GDP of 31,032.5 billion yuan in 2024, driven by significant growth in aerospace and advanced manufacturing sectors [4]. - Suzhou follows with a GDP of 26,727 billion yuan, showcasing strong performance in biopharmaceuticals and artificial intelligence [4]. - Hangzhou's GDP reached 21,860 billion yuan, benefiting from its advancements in internet and smart manufacturing [5]. Growth of Other "Zhou" Cities - Zhengzhou and Fuzhou both exceeded 1.4 trillion yuan in GDP, while Quanzhou surpassed 1.3 trillion yuan [5]. - Cities like Wenzhou and Xuzhou are projected to cross the 1 trillion yuan GDP mark soon, indicating robust economic growth [5][6]. Regional Distribution of Economic Power - Of the 14 cities with GDP over 500 billion yuan, 13 are located in eastern coastal provinces, with Zhengzhou being the only representative from the central and western regions [7].
X @Bloomberg
Bloomberg· 2025-11-28 09:46
GDP rose 0.8% from the previous quarter and 2.8% from a year earlier https://t.co/EGWtAhFofJ ...
X @Bloomberg
Bloomberg· 2025-11-28 08:50
Taiwan's GDP is expected to expand 3.54% in 2026, according to a statement from the statistics bureau in Taipei on Friday https://t.co/1MfoSRWKUS ...
X @Nick Szabo
Nick Szabo· 2025-11-27 04:06
RT Rich 🐺 (@heywildrich)This is an amazing and telling statement.Vivek FINALLY talks about crime… and his issue isn’t how people are harmed and victimized. Or how their property is destroyed. Or how they feel unsafe and uneasy and social capital is destroyed…His issue is that crime harms GDP.Aliens wearing skinsuits would do better at understanding America than this anchor baby. ...
2 big things to watch in the economy: AI & Trump's Fed pick
Yahoo Finance· 2025-11-26 20:38
Bloomberg reports that Kevin Hasset has emerged as the front runner to be the next Fed Fed chair uh uh to replace J. Pal. Joining me now is Stephanie Roth, Wolf Research chief economist.Stephanie, it's good to see you. You like all of us, you're thinking about 2026. You're trying to figure out what the picture is going to look like here and you guys are looking for kind of trend growth if I'm not mistaken in terms of GDP for 2026.So, how do you think that's going to play out. >> Yeah. Yeah.So, I mean, it sh ...
首席说统计 | 手把手教你拿捏PMI,经济走势早知道
中汽协会数据· 2025-11-25 09:05
较为熟知的或许是GDP与CPI 但还有一项被称作 "经济晴雨表" 的关键指标 谈及经济领域的重要指标 手把手带你解锁PMI的秘密 始终在经济运行的关键节点 发挥 "预警"作用 ——它便是 PMI 采购经理指数 今天一起跟随小编的脚步 走进国家统计局 服务业调查中心 企业景气处 连线 首席统计师 霍丽慧 摸清经济运行的"脉搏" 这张 "经济晴雨表" 里的门道 你摸清了吗? 首席说统计 让你轻松get到经济运行的小变化 从关键数据里摸清经济的大方向 视频制作:郭星辰 来源: 统计微讯 ...
X @The Economist
The Economist· 2025-11-25 05:20
Instead of seeking to double GDP per person over 15 years in “real” terms, China should seek to triple it in the nominal dollar terms that really matter https://t.co/cdPD3QyWx3 ...