Date
GMT+01:00
Event Previous Forecast Actual
Oct, 16 13:15
★
Housing Starts
Housing Starts
Country:
Date: Oct, 16 13:15
Importance: Low
Previous: 229.0K
Forecast: 230.0K
Actual: -
Period: Sep

Reflects the rate of growth in housing construction. Housing Starts act as an indicator measuring the strength of Canada's construction sector and housing market. Economists also use the figure as a leading indicator for the economy as a whole due to Housing Starts' sensitivity to changes in the business cycle. Housing Starts slow at the onset of a recession and quickly grow at the beginning of an economic boom; consequently, a high Housing Starts figure forecasts strong economic growth.

The headline figure is the percentage change in new home starts.

229.0K 230.0K -
Oct, 16 13:30
★
Import price index
Import price index
Country:
Date: Oct, 16 13:30
Importance: Low
Previous: 0.7%; 7.0%
Forecast: 0.6%
Actual: -
Period: Sep

This index reflects import price change per month.

0.7%; 7.0% 0.6% -
Oct, 16 13:30
★
Foreign Securities Purchases
Foreign Securities Purchases
Country:
Date: Oct, 16 13:30
Importance: Low
Previous: 20.65
Forecast: -
Actual: -
Period: Aug

Summarizes the flow of stocks, bonds, and money market funds to and from Canada.

20.65 - -
Oct, 16 14:15
★★
Industrial Production
Industrial Production
Country:
Date: Oct, 16 14:15
Importance: Medium
Previous: 0.0%
Forecast: 0.4%
Actual: -
Period: Sep

Measures changes in the volume of output produced by the manufacturing, mining, and utility sectors in the USA. Because industrial production is a measure of output volume rather than dollar value, the figure is not distorted by inflation and is considered a more "pure" indicator for US industry. Though industrial production only accounts for a relatively small portion of the GDP, it accounts for most of the volatility in GDP and is considered highly sensitive to changes in interest rate and consumer demand. Therefore understanding trends in this figure are important to forecasting the GDP. High or rising Industrial Production figures suggest increased production and economic expansion. However, uncontrolled levels of production and consumption can spark inflation.

The figure varies significantly month to month due to the fact that seasonal and weather related factors often alter factory production and utility demand. Because of this volatility, the report has limited market impact.

The figure is calculated as a weighted aggregate of goods and reported in headlines as a percent change from previous months.

0.0% 0.4% -
Oct, 16 14:15
★
Manufacturing Production
Manufacturing Production
Country:
Date: Oct, 16 14:15
Importance: Low
Previous: -0.3%
Forecast: -
Actual: -
Period: Sep

The UK Manufacturing Production index is compiled by the National Statistics Office and measures the level of manufacturing output. It is an important indicator since it measures growth in the country’s manufacturing industry which is a major component of Gross Domestic Product. A low reading is considered bearish for the Sterling.

-0.3% - -