this week<\/a>, where TD looks for a sharp rebound from the Q4\/Q1 slowdown with expenditure-based growth of 3.5% (market: 3.3%) on stronger exports.”<\/p>\n“We look for expenditure-based GDP to post a sharp rebound in Q2 with annualized growth of 3.5%, underpinned by stronger exports.”<\/p>\n
“Industry-level GDP for June should mirror the Q2 strength with a 0.3% m\/m increase, above flash estimates for a 0.2% print.”<\/p>\n
“We also look for new flash estimates to show continued momentum into July to leave Q3 GDP tracking above potential output.”<\/p>\n
“Thursday’s payroll employment report will provide a final look into June growth conditions when released Thursday alongside the current account balance for Q2.”<\/p>\n
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"TD Securities economists Robert Both and Emma Lawrence expect Canada\u2019s Q2 National Accounts to show a sharp rebound…\n","protected":false},"author":2,"featured_media":579127,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-603153","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/603153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=603153"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/603153\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/579127"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=603153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=603153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=603153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}