{"id":13038,"date":"2026-07-17T14:27:27","date_gmt":"2026-07-17T14:27:27","guid":{"rendered":""},"modified":"2026-07-17T14:27:56","modified_gmt":"2026-07-17T14:27:56","slug":"seeking-signal-from-regional-surveys","status":"publish","type":"post","link":"https:\/\/www.rbc.com\/en\/economics\/us-week-ahead\/seeking-signal-from-regional-surveys\/","title":{"rendered":"Seeking signal from regional surveys"},"content":{"rendered":"\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<div class=\"wp-block-columns pad-t-hlf mob-pad-t-hlf pad-b-hlf mob-pad-b-hlf pad-l-hlf mob-pad-l-hlf pad-r-hlf mob-pad-r-hlf has-rbc-bright-blue-tint-4-background-color has-background is-layout-flex wp-container-core-columns-is-layout-c94bf079 wp-block-columns-is-layout-flex\" style=\"border-style:none;border-width:0px;border-radius:5px\">\n<div class=\"wp-block-column pad-b-hlf mob-pad-b-hlf pad-t-hlf mob-pad-t-hlf is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:98%\">\n<div class=\"wp-block-media-text is-stacked-on-mobile is-vertically-aligned-center mar-l-hlf pad-l-hlf\" style=\"grid-template-columns:22% auto\"><figure class=\"wp-block-media-text__media\"><img loading=\"lazy\" decoding=\"async\" width=\"1767\" height=\"1632\" src=\"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2025\/12\/Icon-calend-dec-19-25.png?quality=80&amp;w=1024\" alt=\"\" class=\"wp-image-6212 size-full\" srcset=\"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2025\/12\/Icon-calend-dec-19-25.png 1767w, https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2025\/12\/Icon-calend-dec-19-25.png?resize=300,277 300w, https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2025\/12\/Icon-calend-dec-19-25.png?resize=768,709 768w, https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2025\/12\/Icon-calend-dec-19-25.png?resize=1024,946 1024w, https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2025\/12\/Icon-calend-dec-19-25.png?resize=1536,1419 1536w\" sizes=\"auto, (max-width: 1767px) 100vw, 1767px\" \/><\/figure><div class=\"wp-block-media-text__content\">\n<p class=\"wp-block-paragraph\" id=\"Intro\">Next week is a quiet one following a deluge of inflation and consumer data. In the absence of major data releases, we will be closely watching the July releases of the regional Federal Reserve Bank surveys for early indications of price pressures and whether demand is holding up.<\/p>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\">We recently <a href=\"https:\/\/www.rbc.com\/en\/economics\/financial-markets-monthly\/cyclical-rebound-in-canada-and-structural-strength-in-the-u-s\/\" target=\"_blank\" rel=\"noreferrer noopener\" data-dig-id=\"LP-U.S.WeekAhead-13038-4fcfa38b\" data-dig-label=\"upgraded our 2026 outlook \" data-dig-action=\"link click\" data-dig-category=\"LP-U.S.WeekAhead\" class=\"rbc-link-format\">upgraded our 2026 outlook <\/a>\u2014 but the re-escalation of the conflict with Iran presents a downside risk. We will be looking for signs in these surveys to gauge how businesses are reacting to oil prices moving higher following a brief reprieve. Oil prices have hovered around $80\/bbl, up from the $70 trough post-MOU. While this represents a meaningful improvement from the near- $100\/bbl peak, oil prices have still risen nearly +30% relative to before the Middle East conflict base case in February.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">June marked a notable downside surprise to core CPI, and core PPI pressures moderated meaningfully. One month does not make a trend, but it buys the FOMC time. We remain optimistic that peak tariff passthrough has likely already occurred, with the exception of product-specific Section 232 tariffs. If regional Fed surveys continue to suggest acute price pressures abating into July, this would further protect against a demand-driven inflation spike.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Consumer momentum continues to paint a robust picture if June retail sales are any indication. Regional manufacturing and non-manufacturing indices will offer some insight into business activity heading into the summer months. We continue to expect consumer momentum to moderate in the back half of the year but AI capex remains robust.<\/p>\n\n\n\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a5b441109a77&quot;}\" data-wp-interactive=\"core\/image\" data-wp-key=\"6a5b441109a77\" class=\"wp-block-image aligncenter size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"4950\" height=\"4057\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on--click=\"actions.showLightbox\" data-wp-on--load=\"callbacks.setButtonStyles\" data-wp-on--pointerdown=\"actions.preloadImage\" data-wp-on--pointerenter=\"actions.preloadImageWithDelay\" data-wp-on--pointerleave=\"actions.cancelPreload\" data-wp-on-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2026\/07\/09_27_11-new.png?quality=80\" alt=\"\" class=\"wp-image-13083\" style=\"width:650px\" srcset=\"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2026\/07\/09_27_11-new.png 4950w, https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2026\/07\/09_27_11-new.png?resize=300,246 300w, https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2026\/07\/09_27_11-new.png?resize=768,629 768w, https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2026\/07\/09_27_11-new.png?resize=1024,839 1024w, https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2026\/07\/09_27_11-new.png?resize=1536,1259 1536w, https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2026\/07\/09_27_11-new.png?resize=2048,1679 2048w\" sizes=\"auto, (max-width: 4950px) 100vw, 4950px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\tdata-wp-bind--aria-label=\"state.thisImage.triggerButtonAriaLabel\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.thisImage.buttonRight\"\n\t\t\tdata-wp-style--top=\"state.thisImage.buttonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><\/figure>\n\n\n\n<p class=\"mar-t-hlf wp-block-paragraph\">Here\u2019s what else we\u2019re watching next week:<\/p>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-chevron-list pad-b\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\"><strong>We expect to see the Conference Board\u2019s Leading Economic Index (LEI) report flat (0.0% m\/m) in June after a mixed bag of monthly data.<\/strong> Weekly hours worked in manufacturing declined and the OFR Financial Stress Index deteriorated alongside the ISM Manufacturing new orders index. But the S&amp;P500 improved alongside consumer expectations and jobless claims remained low.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\"><strong>Initial Jobless Claims will likely tick lower yet again (we expect to 196k) for the week ending July 18th after a sizeable downside to claims the week prior.<\/strong><\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"wp-block-paragraph\">New home sales are expected <strong>to tick down slightly (to 578k) <\/strong>after mortgage applications declined month-over-month.<\/p>\n<\/li>\n<\/ul>\n\n\n\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a5b44110afe6&quot;}\" data-wp-interactive=\"core\/image\" data-wp-key=\"6a5b44110afe6\" class=\"wp-block-image size-full wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"5052\" height=\"1908\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on--click=\"actions.showLightbox\" data-wp-on--load=\"callbacks.setButtonStyles\" data-wp-on--pointerdown=\"actions.preloadImage\" data-wp-on--pointerenter=\"actions.preloadImageWithDelay\" data-wp-on--pointerleave=\"actions.cancelPreload\" data-wp-on-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2026\/07\/US-WA-Jul-17-26.png?quality=80\" alt=\"\" class=\"wp-image-13058\" srcset=\"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2026\/07\/US-WA-Jul-17-26.png 5052w, https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2026\/07\/US-WA-Jul-17-26.png?resize=300,113 300w, https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2026\/07\/US-WA-Jul-17-26.png?resize=768,290 768w, https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2026\/07\/US-WA-Jul-17-26.png?resize=1024,387 1024w, https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2026\/07\/US-WA-Jul-17-26.png?resize=1536,580 1536w, https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2026\/07\/US-WA-Jul-17-26.png?resize=2048,773 2048w\" sizes=\"auto, (max-width: 5052px) 100vw, 5052px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\tdata-wp-bind--aria-label=\"state.thisImage.triggerButtonAriaLabel\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.thisImage.buttonRight\"\n\t\t\tdata-wp-style--top=\"state.thisImage.buttonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide wide\" \/>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>About the authors:<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Mike Reid<\/strong>&nbsp;is Head of US Economics at RBC. He is responsible for generating RBC\u2019s US economic outlook, providing commentary on macro indicators, and producing written analysis around the economic backdrop.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><em><strong>Carrie Freestone<\/strong>&nbsp;is a Senior US Economist at RBC. She is responsible for generating RBC\u2019s US economic forecasts across GDP, employment, and inflation, and providing macro commentary through publications, presentations, and the media.<\/em><\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Imri Haggin<\/strong>&nbsp;is an <em>US<\/em><\/em> <em>Economist at RBC, where he focuses on thematic research. His prior work has centered on consumer credit dynamics and treasury modeling, with an emphasis on leveraging data to understand behavior.<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide wide\" \/>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":318,"featured_media":12094,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","editor_notices":[],"footnotes":"","jetpack_post_was_ever_published":false},"categories":[86],"tags":[11,103,65,135,58,109,110],"rbc_econ_content_type":[],"class_list":["post-13038","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-week-ahead","tag-economy","tag-gdp","tag-inflation","tag-jobs","tag-labour-market","tag-tariffs","tag-u-s"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Seeking signal from regional surveys - RBC Economics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rbc.com\/en\/economics\/us-week-ahead\/seeking-signal-from-regional-surveys\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Seeking signal from regional surveys\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.rbc.com\/en\/economics\/us-week-ahead\/seeking-signal-from-regional-surveys\/\" \/>\n<meta property=\"og:site_name\" content=\"RBC Economics\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-17T14:27:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-07-17T14:27:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2026\/06\/FG.webp?quality=80\" \/>\n\t<meta property=\"og:image:width\" content=\"3067\" \/>\n\t<meta property=\"og:image:height\" content=\"1850\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"viktoriyapanahova\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"viktoriyapanahova\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.rbc.com\\\/en\\\/economics\\\/us-week-ahead\\\/seeking-signal-from-regional-surveys\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.rbc.com\\\/en\\\/economics\\\/us-week-ahead\\\/seeking-signal-from-regional-surveys\\\/\"},\"author\":{\"name\":\"viktoriyapanahova\",\"@id\":\"https:\\\/\\\/www.rbc.com\\\/en\\\/economics\\\/#\\\/schema\\\/person\\\/109dd1bd3c90e818f8159356d46905ea\"},\"headline\":\"Seeking signal from regional surveys\",\"datePublished\":\"2026-07-17T14:27:27+00:00\",\"dateModified\":\"2026-07-17T14:27:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.rbc.com\\\/en\\\/economics\\\/us-week-ahead\\\/seeking-signal-from-regional-surveys\\\/\"},\"wordCount\":472,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.rbc.com\\\/en\\\/economics\\\/us-week-ahead\\\/seeking-signal-from-regional-surveys\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.rbc.com\\\/en\\\/economics\\\/wp-content\\\/uploads\\\/sites\\\/23\\\/2026\\\/06\\\/FG.webp?quality=80\",\"keywords\":[\"Economy\",\"GDP\",\"Inflation\",\"Jobs\",\"Labour Market\",\"Tariffs\",\"U.S.\"],\"articleSection\":[\"U.S. Week Ahead\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.rbc.com\\\/en\\\/economics\\\/us-week-ahead\\\/seeking-signal-from-regional-surveys\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.rbc.com\\\/en\\\/economics\\\/us-week-ahead\\\/seeking-signal-from-regional-surveys\\\/\",\"url\":\"https:\\\/\\\/www.rbc.com\\\/en\\\/economics\\\/us-week-ahead\\\/seeking-signal-from-regional-surveys\\\/\",\"name\":\"Seeking signal from regional surveys - RBC Economics\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.rbc.com\\\/en\\\/economics\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.rbc.com\\\/en\\\/economics\\\/us-week-ahead\\\/seeking-signal-from-regional-surveys\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.rbc.com\\\/en\\\/economics\\\/us-week-ahead\\\/seeking-signal-from-regional-surveys\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.rbc.com\\\/en\\\/economics\\\/wp-content\\\/uploads\\\/sites\\\/23\\\/2026\\\/06\\\/FG.webp?quality=80\",\"datePublished\":\"2026-07-17T14:27:27+00:00\",\"dateModified\":\"2026-07-17T14:27:56+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.rbc.com\\\/en\\\/economics\\\/#\\\/schema\\\/person\\\/109dd1bd3c90e818f8159356d46905ea\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.rbc.com\\\/en\\\/economics\\\/us-week-ahead\\\/seeking-signal-from-regional-surveys\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.rbc.com\\\/en\\\/economics\\\/us-week-ahead\\\/seeking-signal-from-regional-surveys\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.rbc.com\\\/en\\\/economics\\\/us-week-ahead\\\/seeking-signal-from-regional-surveys\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.rbc.com\\\/en\\\/economics\\\/wp-content\\\/uploads\\\/sites\\\/23\\\/2026\\\/06\\\/FG.webp?quality=80\",\"contentUrl\":\"https:\\\/\\\/www.rbc.com\\\/en\\\/economics\\\/wp-content\\\/uploads\\\/sites\\\/23\\\/2026\\\/06\\\/FG.webp?quality=80\",\"width\":3067,\"height\":1850},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.rbc.com\\\/en\\\/economics\\\/us-week-ahead\\\/seeking-signal-from-regional-surveys\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.rbc.com\\\/en\\\/economics\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Seeking signal from regional surveys\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.rbc.com\\\/en\\\/economics\\\/#website\",\"url\":\"https:\\\/\\\/www.rbc.com\\\/en\\\/economics\\\/\",\"name\":\"RBC Economics\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.rbc.com\\\/en\\\/economics\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.rbc.com\\\/en\\\/economics\\\/#\\\/schema\\\/person\\\/109dd1bd3c90e818f8159356d46905ea\",\"name\":\"viktoriyapanahova\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/885bcff339d33080f070ec9cbe77fcf3007653305ae17de7827e19af43e61913?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/885bcff339d33080f070ec9cbe77fcf3007653305ae17de7827e19af43e61913?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/885bcff339d33080f070ec9cbe77fcf3007653305ae17de7827e19af43e61913?s=96&d=mm&r=g\",\"caption\":\"viktoriyapanahova\"},\"url\":\"https:\\\/\\\/www.rbc.com\\\/en\\\/economics\\\/author\\\/viktoriyapanahova\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Seeking signal from regional surveys - RBC Economics","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.rbc.com\/en\/economics\/us-week-ahead\/seeking-signal-from-regional-surveys\/","og_locale":"en_US","og_type":"article","og_title":"Seeking signal from regional surveys","og_url":"https:\/\/www.rbc.com\/en\/economics\/us-week-ahead\/seeking-signal-from-regional-surveys\/","og_site_name":"RBC Economics","article_published_time":"2026-07-17T14:27:27+00:00","article_modified_time":"2026-07-17T14:27:56+00:00","og_image":[{"width":3067,"height":1850,"url":"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2026\/06\/FG.webp?quality=80","type":"image\/webp"}],"author":"viktoriyapanahova","twitter_card":"summary_large_image","twitter_misc":{"Written by":"viktoriyapanahova","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.rbc.com\/en\/economics\/us-week-ahead\/seeking-signal-from-regional-surveys\/#article","isPartOf":{"@id":"https:\/\/www.rbc.com\/en\/economics\/us-week-ahead\/seeking-signal-from-regional-surveys\/"},"author":{"name":"viktoriyapanahova","@id":"https:\/\/www.rbc.com\/en\/economics\/#\/schema\/person\/109dd1bd3c90e818f8159356d46905ea"},"headline":"Seeking signal from regional surveys","datePublished":"2026-07-17T14:27:27+00:00","dateModified":"2026-07-17T14:27:56+00:00","mainEntityOfPage":{"@id":"https:\/\/www.rbc.com\/en\/economics\/us-week-ahead\/seeking-signal-from-regional-surveys\/"},"wordCount":472,"commentCount":0,"image":{"@id":"https:\/\/www.rbc.com\/en\/economics\/us-week-ahead\/seeking-signal-from-regional-surveys\/#primaryimage"},"thumbnailUrl":"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2026\/06\/FG.webp?quality=80","keywords":["Economy","GDP","Inflation","Jobs","Labour Market","Tariffs","U.S."],"articleSection":["U.S. Week Ahead"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.rbc.com\/en\/economics\/us-week-ahead\/seeking-signal-from-regional-surveys\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.rbc.com\/en\/economics\/us-week-ahead\/seeking-signal-from-regional-surveys\/","url":"https:\/\/www.rbc.com\/en\/economics\/us-week-ahead\/seeking-signal-from-regional-surveys\/","name":"Seeking signal from regional surveys - RBC Economics","isPartOf":{"@id":"https:\/\/www.rbc.com\/en\/economics\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.rbc.com\/en\/economics\/us-week-ahead\/seeking-signal-from-regional-surveys\/#primaryimage"},"image":{"@id":"https:\/\/www.rbc.com\/en\/economics\/us-week-ahead\/seeking-signal-from-regional-surveys\/#primaryimage"},"thumbnailUrl":"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2026\/06\/FG.webp?quality=80","datePublished":"2026-07-17T14:27:27+00:00","dateModified":"2026-07-17T14:27:56+00:00","author":{"@id":"https:\/\/www.rbc.com\/en\/economics\/#\/schema\/person\/109dd1bd3c90e818f8159356d46905ea"},"breadcrumb":{"@id":"https:\/\/www.rbc.com\/en\/economics\/us-week-ahead\/seeking-signal-from-regional-surveys\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.rbc.com\/en\/economics\/us-week-ahead\/seeking-signal-from-regional-surveys\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.rbc.com\/en\/economics\/us-week-ahead\/seeking-signal-from-regional-surveys\/#primaryimage","url":"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2026\/06\/FG.webp?quality=80","contentUrl":"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2026\/06\/FG.webp?quality=80","width":3067,"height":1850},{"@type":"BreadcrumbList","@id":"https:\/\/www.rbc.com\/en\/economics\/us-week-ahead\/seeking-signal-from-regional-surveys\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.rbc.com\/en\/economics\/"},{"@type":"ListItem","position":2,"name":"Seeking signal from regional surveys"}]},{"@type":"WebSite","@id":"https:\/\/www.rbc.com\/en\/economics\/#website","url":"https:\/\/www.rbc.com\/en\/economics\/","name":"RBC Economics","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.rbc.com\/en\/economics\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.rbc.com\/en\/economics\/#\/schema\/person\/109dd1bd3c90e818f8159356d46905ea","name":"viktoriyapanahova","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/885bcff339d33080f070ec9cbe77fcf3007653305ae17de7827e19af43e61913?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/885bcff339d33080f070ec9cbe77fcf3007653305ae17de7827e19af43e61913?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/885bcff339d33080f070ec9cbe77fcf3007653305ae17de7827e19af43e61913?s=96&d=mm&r=g","caption":"viktoriyapanahova"},"url":"https:\/\/www.rbc.com\/en\/economics\/author\/viktoriyapanahova\/"}]}},"author_meta":{"display_name":"viktoriyapanahova","author_link":"https:\/\/www.rbc.com\/en\/economics\/author\/viktoriyapanahova\/"},"featured_img":"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2026\/06\/FG.webp?quality=80&w=300","jetpack_featured_media_url":"https:\/\/www.rbc.com\/en\/economics\/wp-content\/uploads\/sites\/23\/2026\/06\/FG.webp?quality=80","coauthors":[],"tax_additional":{"categories":{"linked":["<a href=\"https:\/\/www.rbc.com\/en\/economics\/category\/us-week-ahead\/\" class=\"advgb-post-tax-term\">U.S. Week Ahead<\/a>"],"unlinked":["<span class=\"advgb-post-tax-term\">U.S. Week Ahead<\/span>"]},"tags":{"linked":["<a href=\"https:\/\/www.rbc.com\/en\/economics\/category\/us-week-ahead\/\" class=\"advgb-post-tax-term\">Economy<\/a>","<a href=\"https:\/\/www.rbc.com\/en\/economics\/category\/us-week-ahead\/\" class=\"advgb-post-tax-term\">GDP<\/a>","<a href=\"https:\/\/www.rbc.com\/en\/economics\/category\/us-week-ahead\/\" class=\"advgb-post-tax-term\">Inflation<\/a>","<a href=\"https:\/\/www.rbc.com\/en\/economics\/category\/us-week-ahead\/\" class=\"advgb-post-tax-term\">Jobs<\/a>","<a href=\"https:\/\/www.rbc.com\/en\/economics\/category\/us-week-ahead\/\" class=\"advgb-post-tax-term\">Labour Market<\/a>","<a href=\"https:\/\/www.rbc.com\/en\/economics\/category\/us-week-ahead\/\" class=\"advgb-post-tax-term\">Tariffs<\/a>","<a href=\"https:\/\/www.rbc.com\/en\/economics\/category\/us-week-ahead\/\" class=\"advgb-post-tax-term\">U.S.<\/a>"],"unlinked":["<span class=\"advgb-post-tax-term\">Economy<\/span>","<span class=\"advgb-post-tax-term\">GDP<\/span>","<span class=\"advgb-post-tax-term\">Inflation<\/span>","<span class=\"advgb-post-tax-term\">Jobs<\/span>","<span class=\"advgb-post-tax-term\">Labour Market<\/span>","<span class=\"advgb-post-tax-term\">Tariffs<\/span>","<span class=\"advgb-post-tax-term\">U.S.<\/span>"]}},"comment_count":0,"relative_dates":{"created":"Posted 19 hours ago","modified":"Updated 19 hours ago"},"absolute_dates":{"created":"Posted on July 17, 2026","modified":"Updated on July 17, 2026"},"absolute_dates_time":{"created":"Posted on July 17, 2026 2:27 pm","modified":"Updated on July 17, 2026 2:27 pm"},"featured_img_caption":"","series_order":"","_links":{"self":[{"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/posts\/13038","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/users\/318"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/comments?post=13038"}],"version-history":[{"count":15,"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/posts\/13038\/revisions"}],"predecessor-version":[{"id":13084,"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/posts\/13038\/revisions\/13084"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/media\/12094"}],"wp:attachment":[{"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/media?parent=13038"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/categories?post=13038"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/tags?post=13038"},{"taxonomy":"rbc_econ_content_type","embeddable":true,"href":"https:\/\/www.rbc.com\/en\/economics\/wp-json\/wp\/v2\/rbc_econ_content_type?post=13038"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}