Canada’s economy is set to close out 2024 on a weak footing, marked by slowing growth, rising unemployment, and structural inefficiencies. Looking ahead into 2025, persistent challenges will test Canada’s resilience.

The U.S. economy in 2024 is projected to grow modestly, with cooling inflation and moderate spending against the backdrop of a stabilizing labor market and elevated interest rates.

Canada’s economy in 2024 faces sluggish growth, with rising unemployment and easing inflation. The housing market shows signs of stabilization, but business investment remains weak amid cautious consumer spending and tighter monetary policy.

The U.S. economy in 2024 continues to display resilience despite slowing growth and softening labor market conditions. Inflationary pressures are easing, while higher interest rates continue to shape consumer and investment behavior.

The Canadian economy continues to face moderate growth, declining inflation, and rising unemployment in 2024. While consumer and residential spending show signs of stabilization, sluggish business investment and higher interest rates are tempering the recovery.

The Canadian economy continues to face subdued growth, declining per capita output, and easing inflation as the labor market softens. Despite stabilization in housing starts and investment, challenges remain due to higher unemployment and slowing consumer spending.

The U.S. economy is forecast to experience slowing growth and easing inflation in 2024, shaped by tighter monetary policy and a cautious rebound in consumer spending and investment.