{"id":916,"date":"2013-11-30T10:25:56","date_gmt":"2013-11-30T18:25:56","guid":{"rendered":"http:\/\/www.ingridjarisz.com\/blog\/?p=916"},"modified":"2013-11-30T10:25:56","modified_gmt":"2013-11-30T18:25:56","slug":"canadian-third-quarter-real-gdp-growth","status":"publish","type":"post","link":"https:\/\/www.ingridjarisz.com\/blog\/canadian-third-quarter-real-gdp-growth\/","title":{"rendered":"Canadian Third Quarter Real GDP Growth"},"content":{"rendered":"<div>\n<p><a href=\"http:\/\/www.ingridjarisz.com\/blog\/wp-content\/uploads\/2013\/11\/canadian-economy.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"size-medium wp-image-917 alignright\" alt=\"canadian-economy\" src=\"http:\/\/www.ingridjarisz.com\/blog\/wp-content\/uploads\/2013\/11\/canadian-economy-300x164.jpg\" width=\"300\" height=\"164\" srcset=\"https:\/\/www.ingridjarisz.com\/blog\/wp-content\/uploads\/2013\/11\/canadian-economy-300x164.jpg 300w, https:\/\/www.ingridjarisz.com\/blog\/wp-content\/uploads\/2013\/11\/canadian-economy.jpg 610w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a>The Canadian economy grew 2.7 per cent at an annual rate in the third quarter, the fastest pace of growth in almost two years.\u00a0 The economy was given a boost by an uptick in business investment which helped to offset a slight deceleration in household spending and a dip in exports. Moreover, while third quarter growth was strong, a significant portion of that growth came from accumulation of inventories and therefore we do not expect a repeat performance in the fourth quarter.<\/p>\n<p>Although today&#8217;s GDP report was welcome news for the Canadian economy, It is unlikely to influence the Bank of Canada&#8217;s interest rate decision next week. It will take several quarters of similar growth and a concomitant rise in inflation before the Bank of Canada moves on interest rates, an outcome we do not see until 2015.<\/p>\n<div><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Canadian economy grew 2.7 per cent at an annual rate in the third quarter, the fastest pace of growth in almost two years.\u00a0 The economy was given a boost by an uptick in business investment which helped to offset a slight deceleration in household spending and a dip in exports. Moreover, while third quarter<a href=\"https:\/\/www.ingridjarisz.com\/blog\/canadian-third-quarter-real-gdp-growth\/\" class=\"read-more\">&nbsp; Continue Reading &raquo;<\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,40],"tags":[39,37,36,45,41,69],"_links":{"self":[{"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/posts\/916"}],"collection":[{"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/comments?post=916"}],"version-history":[{"count":3,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/posts\/916\/revisions"}],"predecessor-version":[{"id":920,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/posts\/916\/revisions\/920"}],"wp:attachment":[{"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/media?parent=916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/categories?post=916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/tags?post=916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}