Business gloom deepens as sales moderate, Bank of Canada survey finds ...Middle East

canadian news today - News
Business gloom deepens as sales moderate, Bank of Canada survey finds
OTTAWA – The Bank of Canada’s business outlook survey indicator fell in the third quarter as companies expect sales growth to slow over the coming year. The indicator summarizing business sentiment was at its lowest level in more than a decade, a report on the bank’s business outlook survey released Monday said, except for a brief period early in the COVID-19 pandemic when the economy was shut down. “This slowdown in demand is … weighing on businesses’ plans for investment and employment,” the report said. The survey found the negative effects of rising interest rates are spreading, with more businesses thinking higher rates will restrain both sales and investment plans.

Hence then, the article about business gloom deepens as sales moderate bank of canada survey finds was published today ( ) and is available on canadian news today ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Business gloom deepens as sales moderate, Bank of Canada survey finds )

Apple Storegoogle play

Last updated :

Also on site :



Latest News