Breaking down 5 key stats to help you interpret the economy
1Description
The economy seems to be top of mind for most Canadians’ right now. But it can be hard to understand which stats actually matter and what they mean for us. So, Scotiabank Senior Economist Farah Omran is back this episode to break down five key economic indicators to help you better interpret the state of the economy and understand the headlines.
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Key moments this episode:
1:44 – Why understanding economic indicators is especially important now
2:19 – Indicator #1: Inflation
6:35 – Indicator #2: GDP growth
10:41 – Indicator #3: Unemployment rate
13:55 – Indicator #4: Bank of Canada policy rate
18:25 – Indicator #5: Housing prices
21:17 – Bonus indicator: Productivity
United States
