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Analysis

North America Focus: Weak U.S. Data Spark 'Race to the Bottom'; Canada's Consumers Still Cool

By Prajakta Bhide, Tetiana Sears, Christian Menegatti and Rachel Ziemba

EXECUTIVE SUMMARY

We kick off our look at North America with the U.S., where incoming data reveal the vulnerabilities in the housing sector, and unemployment insurance claims and the manufacturing slowdown in August cast a shadow over the month’s payrolls report. This week will reveal an ugly revision to the…

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