Economic Performance

economic performance: The Canadian dollar was higher Thursday as the latest U.S. data raised hopes for a stronger economic performance in 2014, according to The Chronicle Herald. The GDP reading was slightly below the 4.1 per cent rate registered in the July-September period. For all of 2014, many analysts are forecasting U.S. GDP growth of three per cent or better and The loonie was ahead 0.06 of a cent at 89.52 cents US after a report that U.S. gross domestic product rose by an annualized rate of 3.2 per cent in the fourth quarter, broadly in line with expectations. (www.immigrantscanada.com). As reported in the news.