In the next to the first quarter of this year the two the US and Canada recorded solid GDP bourgeoning with US output expanding on 0.

In the next to the first quarter of this year the two the US and Canada recorded solid GDP bourgeoning with US output expanding on 0.8 per cent and Canadian GDP posting a 11 by cent gain. However, the underlying situation is somewhat different in the sum of two units countries: economic expansion gained moment in Canada, while the US extension rate was the slowest in a year. The comparatively lacklustre performance in the US was largely driven by dint of a marked slowdown in consumer spending, which expanded by way of just 0.3 per cent compared to sprouting of 1.6 per cent in the preceding quarter. Rapidly rising petrol prices