User:Oceanflynn/sandbox/Alberta Economy (tables)

Alberta economy tables

In their RBC Outlook March 11, 2016 report, RBC economists argued that fear not fundamentals led the shift in financial conditions. Risk adverse investors investors contributed to a global double-digit decline in the first six weeks of 2016. In Canada, the US, UK and Euro-area yields on long-term government bonds reached an all-time low. Between early December, 2015 and mid-January the price of oil unexpectedly dropped 24%. In Canada in 2015, business investments decreased but consumption, housing and government spending and net exports contributed to a real GDP in Canasa increase at a subpar 1.2% pace in 2015. As financial market volatility continued in March 2016 the Bank of Canada and Bank of England held their policy rate at 0.5%. In November and December 2015, with the weakening in the Canadian dollar, manufacturing sales and exports increased and employment rose. Job losses in construction, mining, oil and gas were countered by gains in the service sector.