North America—Economic Trends 2016

North America—Economic Trends 2016

The 2016 economic outlook for the US is stable owing to improved housing and strong domestic demand. Growth in Canada is likely to continue to be poor even in 2016 due to its overdependence on oil and other commodities. The energy renaissance in North America in the form of US shale gas and Canadian oil sands has been setback due to low oil prices. In 2016, oil and gas drilling activity in North America is expected to remain shrunken followed by job losses in the energy sector. While the US is on a policy halt at the moment after an interest rate hike in December 2015, Canada is eyeing an ambitious fiscal stimulus to boost growth.


  • Executive Summary
    • Top Economic Trends of 2015-North America
    • Top Economic Predictions of 2016-North America
    • North America Economic Outlook-2016
    • North America Industry Outlook-2016
  • Definitions
    • Definitions of Indicators and Measurements
    • Definitions-Geographic Coverage
  • Regional Insights and Trends-North America
    • North America-Snapshot by Top Trends in 2016
    • North America-Economic Growth Trends
      • Table GDP Growth and Nominal GDP Comparison, US, 2014-2018
    • 2016 May Defy Many Expectations
    • North America-US Stabilizes; Canada Recovers
    • North America 2016-Risks and Policy Challenges
    • Iran Nuclear Deal-Effects of Lifting Sanctions
      • Table Crude Oil Production, Selected Countries, Q1 2016-Q4 2016
    • Movement of Oil Price in 2016
      • Table Key Energy Indicators, US, Q1 2016-Q4 2016
    • The Movement of US Interest Rate
    • Strong Dollar and Interest Rate-Close Ties
      • Table Important Currencies vis-à -vis US Dollar, Global, Q1 2016-Q4 2016
  • Canada
    • Canada-Economic Performance, 2016
    • Canada-Key Economic Indicators
      • Table Key Economic Indicators, Canada, Q1 2015-Q4 2016
    • Canada-Industry Performance
    • Canada-Key Industry Indicators
  • The United States
    • US-Economic Performance, 2016
    • US-Key Economic Indicators
      • Table Key Economic Indicators, US, Q1 2015-Q4 2016
    • US-Industry Performance
    • US-Key Industry Indicators
  • Conclusion and Key Takeaways

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