U.S., Canada set to power ahead, while Japan, China in doldrums

Submitted by admin on Fri, 11/21/2014 - 05:14

Economic indicators released today are pointing to a rebalancing of the world economy, with growth being powered by North America.

On Monday, a private survey showed U.S. factories were busier in October and a new Conference Board report predicted a rebound in Canada’s export sector.

Meanwhile, China’s manufacturing is slowing and Japan is so worried about deflation it has stepped up its stimulus program.

This has been excerpted from the 3 November 2014 edition of CBC News and is available in its entirety at:
http://www.cbc.ca/news/business/u-s-canada-set-to-power-ahead-while-japan-china-in-doldrums-1.2822068