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Daily Stats
For additional information relating to Daily Stats or any of our products, please contact:

Thomas StorringDirector, Economics and Statistics
Tel: 902-424-2410Email: Thomas.Storring@novascotia.ca

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September 20, 2017
US MONETARY POLICY

Today, September 20, 2017, the Federal Open Market Committee (FOMC) maintained the target range for the federal funds rate at 1.0 to 1.25 per cent. The Committee announced that the previously detailed planned balance sheet normalization will begin in October. Beginning in October, $6 billion Treasury securities and $4 billion of mortgage-backed securities will not be rolled over.

Information since July indicate that the US labour market has continued to strengthen and economic ac...

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September 19, 2017
MANUFACTURING SHIPMENTS, JULY 2017

 Nova Scotia

Nova Scotia’s seasonally adjusted manufacturing shipments increased 5.5% in July 2017 to $721 million, and increased 11.6% over July 2016.

For the first seven months of the year (January-July),
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September 19, 2017
US HOUSING STARTS AND BUILDING PERMITS, AUGUST 2017

US residential construction permits, a leading indicator of new construction, increased by 5.7 per cent in August 2017 compared to the revised July 2017 estimate, to a seasonally adjusted annual rate of 1,300,000. This is 8.3 per cent above the August 2016 estimate of 1,200,000. Compared to a year ago, permits for single unit structures were up 7.7 ...

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September 19, 2017
US CURRENT ACCOUNT Q2 2017

The US Bureau of Economic Analysis reported that the current account deficit increased in Q2 by $9.6 billion to $123.1 billion compared to the revised 2017Q1 result. Compared to the previous quarter, there were increases in the goods trade deficit (+$0.8 billion) and secondary income deficit (+7.5 billion) and a decrease in the primary income surplus (-$2.9 billion). The service trade surplus increased by $1.6 billion. For Q2 2017, the current ...

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September 19, 2017
EURO AREA CURRENT ACCOUNT, AUGUST 2017

The European Central Bank reported today, that the euro area (EA19) current account (working day and seasonally adjusted) recorded a surplus of €25.1 billion in July 2017. Surpluses in net goods trade (+€26.4 billion), net services trade (+€2.6 billion) and net primary income (+€10.9 billion) account were partially offset by a def...

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