Monday Economic Report (March 27, 2006)
March 17th, 2006
The forecasted economic growth for the first quarter of 2006 in both U.S
and Canada
is strong. The forecast for U.S economic growth in the first quarter is 4.7%
and for Canada
is 3.3%. But it is increasingly clear that the housing market in U.S is slowing
down and that would eventually affect the consumer spending. Consequently we
believe the growth of U.S economy will slow down in the ...



