Question 1

What was the annualized GDP growth rate for the United States in the first quarter of 2026, according to the second estimate released by the U.S. Bureau of Economic Analysis?

Accepted Answer

1.6 percent

Question 2

According to the OECD's June Economic Outlook, what is the projected GDP growth rate for Mexico in 2026?

Accepted Answer

0.8%

Question 3

What was Canada's inflation rate in April 2026, and how did it compare to the previous month?

Accepted Answer

2.8%, an increase from 2.4% in March

Question 4

Which of the following factors contributed to the negative net trade impact on US GDP in Q1 2026?

Accepted Answer

Exports rose while imports jumped significantly

Question 5

What was the primary reason cited for the downward revision in Mexico's GDP growth forecast by the OECD for 2026?

Accepted Answer

Economic policy uncertainty, trade tariffs, and fiscal consolidation

Question 6

What was the annual inflation rate in the United States in April 2026, representing the highest rate since May 2023?

Accepted Answer

3.8%

Question 7

What is the Bank of Canada's target inflation rate, expressed as the year-over-year increase in the total consumer price index (CPI)?

Accepted Answer

2 per cent midpoint of a range of 1 to 3 per cent

Question 8

Mexico's annual inflation rate eased to what percentage in April 2026?

Accepted Answer

4.45%

Question 9

What was the annualized GDP growth rate for Canada in the first quarter of 2026, according to Statistics Canada's confirmation of a technical recession?

Accepted Answer

0.1% contraction

Question 10

According to reports from the week of June 5, 2026, what was the unemployment rate in Canada in April 2026?

Accepted Answer

6.9%

Question 11

What did Moody's downgrade Mexico's credit rating to?

Accepted Answer

Baa3

Question 12

What percentage of crude oil exports from Canada flow to the United States, according to data analyzed this week?

Accepted Answer

85 percent

Question 13

What was the projected GDP growth rate for Canada by the end of 2026, according to the OECD's outlook released this week?

Accepted Answer

1.2 percent

Question 14

What is the consensus forecast for the US headline CPI increase in May 2026, which is a key inflation print before the Federal Reserve meeting?

Accepted Answer

0.5%

Question 15

What was the contraction in Mexico's Gross Fixed Investment in March 2026 compared to the previous year?

Accepted Answer

2.6%

North American Economic Pulse: Inflation, Growth, and Trade Shocks This Week

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