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The left hand of the chart in the 2nd link provides some perspective for this year's numbers. July 2024 through Jan 2025, the YoY numbers are always in the 7%-
by sjsdaiuasgdia 1y ago
The left hand of the chart in the 2nd link provides some perspective for this year's numbers.
July 2024 through Jan 2025, the YoY numbers are always in the 7%-9% range. Averages to 7.7% across those months.
Feb 2025 to July 2025, there's only a single month (April) in that range. We've got 2 months at 1% YoY growth, one break even, and two negative. Those months average out to about 0.7%. If you include Jan 2025 to align to the calendar year 2025, you get 1.57%, which seems to be the number that becomes 'nearly 2 percent' in the text under the chart.
While it is still positive growth, it's 20% of the YoY growth trend for several months heading up to 2025. If you take out Jan 2025 (2/3 of which Trump was not yet president), it's only 10%.
- richardlblair 1y agoTheir comment about Canada's trade prospects are very telling. They are trying to spin a false narrative (surprise surprise).
- mgh95 1y agoIn your opinion, what is false about it? Canada's growth segment in exports was minerals and tourism services. That's Canada's situation, unfortunately.
- deleted 1y ago[deleted]
- verteu 1y ago"Non-inflation-adjusted tourist dollars spent" was an odd metric to choose. The number of international arrivals is down YTD (-3%): https://www.trade.gov/i-94-arrivals-program https://www.trade.gov/i-94-arrivals-program
- mgh95 1y agoAsk any business if they care about revenue or customers. $ is the goal.