1. Market Research
  2. > Energy & Environment
  3. > Energy Market Trends
Global Economic Outlook 2015—North America : A Short-term Pulse of Growth Opportunities

Global Economic Outlook 2015—North America : A Short-term Pulse of Growth Opportunities

  • March 2015
  • 39 pages
  • ID: 2797393
  • Format: PDF
  • Frost & Sullivan


Table of Contents

Executive Summary—Economic Growth Trends for 2015

•The US economy is expected to grow by x % in 2015, up from a x % in 2014. For Canada, the outlook has been scaled back to x % in 2015 due to falling oil prices, which will lead to lower corporate profits and weaker income growth.
•A combination of falling energy prices and a rising US dollar will hold down inflation in 2015. From an average of x % in 2014, Consumer Price Index (CPI) inflation is expected to fall to x % in 2015 in the US. In Canada, headline inflation is expected to move along with oil prices, while core inflation is likely to remain near x %.
•In 2015 growth in US will be driven by rising income, repressed demand, a strengthening housing sector, and lower oil prices. In Canada, the key driver will be international trade, as exports will continue to receive a boost from a weak Canadian dollar and the accelerating pace of the US economy.

North America Highlights

The economy will be a victim to falling oil prices, as lower profits in the oil sector will weigh on production growth and the overall business investment in 2015. However, economic growth will be supported by external demand, as trade balance continues to improve and household spending improves against a backdrop of falling consumer prices.

United States
The US economy saw robust growth in Q2 and Q3 2014 after the setback in the first quarter. With job growth accelerating and wages rising, 2015 looks even better. Consumer spending and business investment will lead the way in 2015 taking growth to x % through the year.

North America Growth Sentiment

•In the first half of 2015, corporate profits are expected to decline due to the recent fall in oil prices. This will translate into weaker capital spending, especially in the energy sector. However, Canada’s export sector is forecasted to remain strong as a result of a weaker Loonie combined with sustained strength in US demand. This kind of an export scenario along with cheaper energy inputs will help the manufacturing sector register growth from H2 2015 onward.
•The GDP of the US economy is expected to rise to x % in 2015, up from x % in 2014. The improvement in economic growth reflects strengthening domestic fundamentals such as escalating confidence, robust job growth, rising wages, and falling energy prices. This is set against a weaker global backdrop and rising US dollar that will keep the nation’s exporters under pressure. Manufacturing revenue is expected to increase in x different manufacturing industries in 2015. Capital expenditure, a major driver in the US economy, is expected to increase by x % in the manufacturing sector. This momentum, will help the industry outpace the GDP growth in 2015.

North America Industry Outlook—2015

•In US, the manufacturing sector has been the single largest contributor to total economic growth since 2009. The outlook for 2015 and beyond is positive and this scenario is much better than past decades. Regional companies will be focused on a more skilled workforce, access to distribution channels, and highly automated processes.
•Strong agriculture and automotive sectors augur well for the chemical industry. A gradually improving housing market also bodes well for recovery prospects of the industry in 2015 and 2016.
•North American energy renaissance, driven by the shale revolution, is facing its first major challenge. West Texas Intermediate and Brent prices fell by more than x % between July and December 2014. This is expected to postpone new shale and deep-water projects of higher cost planned in the region.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Powder River Basin Shale in the United States of America (USA), 2021 - Oil and Gas Shale Market Analysis and Outlook to 2025

  • $ 3999
  • October 2021
  • 33 pages

Powder River Basin Shale in the United States of America (USA), 2021 - Oil and Gas Shale Market Analysis and Outlook to 2025 Summary The Powder River Basin is one of the top 10 resource plays in the ...

  • Wyoming
  • Oil And Gas
  • Crude Oil
  • Industry analysis
  • Natural Gas Production
  • Crude Oil Production


Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on