Douglas Porter Quotes
While the economic data have been all over the place in recent weeks, there are no obvious signs that the economy is cracking in the face of record energy prices. Indeed, the export and production data have been surprisingly perky. 
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Economic | Data | Place | Weeks | Obvious |
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Clearly, Alberta is ground zero for wage pressures.
- Douglas Porter
While it's a bit of a surprise, the slightly downbeat news on confidence can be explained by the ongoing weakness in employment, and perhaps consumers are a little concerned about the backup in mortgage rates. But while they're becoming less confident, they're still buying -- the latest sales numbers still look good.
- Douglas Porter