The Daily Chase: GDP numbers outpace expectations, but not population growth

Philippines News News

The Daily Chase: GDP numbers outpace expectations, but not population growth
Philippines Latest News,Philippines Headlines
  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 50%

Here are five things you need to know this morning.

A container ship is loaded in the Port of Montreal, Tuesday, Sept. 19, 2023. THE CANADIAN PRESS/Christinne MuschiStatistics Canada reported new GDP data this morning for the second quarter; numbers that showed. That’s better than the 1.8 per cent that economists were expecting and well ahead of the Bank of Canada’s 1.5 per cent projection, but beneath the surface, the data shows the economy is not growing fast enough to outpace population growth.

Shares in Lululemon went from downward dog after the bell Thursday to tree pose this morning after the athleisure giant revealed quarterly earnings yesterday and. The company posted higher profit and revenue, but the latter came in lower than expectations. The company says its full year revenue guidance is now expected to be in a range of up to US$10.48 billion, down from $10.8 previously. Earnings are expected to be up to $14.15 a share, down from $14.47 previously.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BNNBloomberg /  🏆 83. in CA

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Daily Chase: Nvidia shares under pressureThe Daily Chase: Nvidia shares under pressureHere are five things you need to know this morning.
Read more »

The Daily Chase: All eyes on NvidiaThe Daily Chase: All eyes on NvidiaHere are five things you need to know this morning.
Read more »

The Daily Chase: Loan losses mount as bank earnings continueThe Daily Chase: Loan losses mount as bank earnings continueHere are five things you need to know this morning.
Read more »

The Daily Chase: Canada finds its steely resolveThe Daily Chase: Canada finds its steely resolveHere are five things you need to know this morning.
Read more »

The Daily Chase: Feds send rail dispute to arbitration, CN set to resume serviceThe Daily Chase: Feds send rail dispute to arbitration, CN set to resume serviceHere are five things you need to know this morning.
Read more »

The Daily Chase: Operations at Canada’s 2 major railways grind to a haltThe Daily Chase: Operations at Canada’s 2 major railways grind to a haltHere are five things you need to know this morning.
Read more »



Render Time: 2025-02-25 11:19:11