Industries

Economic growth remained stable in Q3 2017 with the region recording growth of 1.9%. Chile and Colombia registered higher growth compared to Q2 2017, while Mexico and Panama’s growth slowed slightly. Decline in manufacturing and mining sector in Mexico had adversely affected the country’s economy which recorded 1.6% growth in Q3 2017. Mexicoâ€...

The year 2016 has been a turnaround year for North America with the new American President having protectionist rhetoric and agenda for revisit of free trade deals. Even though the promised fiscal stimulus in terms of tax cuts favoring the corporates is not likely to come into effect in 2017, there exists a wide range of uncertainty possibilities s...

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....

The North American energy renaissance has taken a back seat in 2016 due to plunging oil prices. Canada is suffering from an economic downturn due to its heavy reliance on the oil and gas industry. The Chinese slowdown and a rising dollar will further create economic headwinds in Canada. Even though the United States stays resilient because of stron...

Latin American economy is likely to remain moderate for H1 2016 as growth is expected to gradually pick up in 2016 mainly due to strong domestic demand. Currency depreciation has increased inflation above target in most of the countries (except Mexico) and remains a major cause of concern for respective Central Banks. Planning and implementation of...

The growth outlook of the region is expected to remain lackluster for the rest of 2015. But it is anticipated that there will be no temporary slowdown in the region till H1 2016 in spite of low growth rates of around 3% for the region. Unfavorable combination of external factors like low commodity prices, sluggish exports, slowdown in China, rising...

A slowdown in energy sector is likely to hamper the overall growth of North America, which is expected to grow at a modest rate of around 2-2.5 percent in 2015 on account of weak investment growth. Rise in consumer debt and the housing market bubble are weakening the growth prospects of the Canadian economy. The Q1 2016 outlook of the United States...

North America’s outlook for second half of 2015 remains uncertain primarily due to contraction in emerging economies like China and Brazil. Moreover, currency appreciation, proposed interest rate hike in the United States, and unstable oil and gasoline prices are also likely to act as growth restraints in the second half of 2015.

North America is likely to grow at a slower pace than previously expected at roughly 2-2.5 percent in 2015 on account of weak investment growth and slowdown in energy sector. Consumer demand, especially in housing sector, is likely to remain strong and will drive economic growth of the region in H2 2015. Strong currency in the United States may co...