Black Friday spending surprised to the upside despite a softening macro backdrop

Black Friday spending surprised to the upside despite a softening macro backdrop

 December 11, 2023 |Carrie Freestone
Retail sales ticked up in November in the midst of the holiday shopping period. Even after adjusting for inflation, real retail sales (excluding autos) were tracking an increase relative to October. Clothing stores and gasoline were responsible for the...
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2023 Fall Economic Statement: A summary of the key measures that may have a direct impact on you

2023 Fall Economic Statement: A summary of the key measures that may have a direct impact on you

 November 22, 2023 |RBC Family Office Services

We analyze the 2023 Fall Economic Statement and outline the tax and support measures that may impact Canadians and their families.

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house illustration.

More sellers, fewer buyers take pressure off housing prices in Canada

 October 05, 2023 |Robert Hogue
The most striking trend that emerged in recent months has been the return of sellers to the housing market. September was a case in point where new listings increased sequentially in all major markets (for which early reports from local real estate boards...
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U.S. inflation picked up in August on surging energy prices

U.S. inflation picked up in August on surging energy prices

 September 18, 2023 |Claire Fan and Abbey Xu

RBC Economics provides a monthly analysis of the key indicators on price trends in the United States.

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Ron Ciotola, CFA

Senior Portfolio Manager

Phone Number905-764-3662
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