Today's Commentary Economic Roundup: U.S. Markets and Consumers Go Their Own Ways Consumer sentiment fell unexpectedly as financial markets continued to recover. Canada Weekly: Auto Manufacturers Driving Growth The cheap loonie is driving manufacturing growth. LatAm Weekly: For Cuba, a New Lease on Life The easing of financial restrictions will lift the islandâs ailing economy. Economic Briefing: JGBs Temporarily Reach New Lows Bank Indonesia cut interest rates again. View More Analysis Insight on Critical Issues U.S. Weekly Highlights and Preview, March 18, 2016 First look at Q4 corporate profits could be scary. Spain Outlook: Sentiment Brightening Despite Risks The investment climate is favorable and the recovery is accelerating, but there are headwinds. Latin America Economic Preview: 21-25 March Unemployment rises in Brazil, and consumption moderates in Mexico. Macro Roundup: Japan in Recession Again? Further monetary stimulus is needed to support inflation and boost consumption and investment. View More Analysis Today's Releases Canada | Consumer Price Index | February | 1.4% | Canadian inflation slowed in February, falling back to 1.4% after accelerating to 2% in January, largely ... | | Canada | Retail Trade | January | 2.1% | Retail sales recovered after December's fall. Retail sales jumped 2.1% in January to C$44.2 billion, ... | | Chile | GDP | 2015Q4 | 1.3% | Chileâs economy remained underperforming at the end of last year, reporting a two-year deceleration. ... | | Colombia | Monetary Policy | March | 6.50% | Colombiaâs central bank board hiked the reference interest rate by 25 basis points at Marchâs policy ... | | Germany | Producer Price Index | February | -3.0% | Weak economic activity and low oil prices have been weighing on German producer price inflation. Producer ... | | Mexico | Monetary Policy | March | 3.75% | The Bank of Mexico kept monetary conditions on hold in March, after an unexpected rate hike in mid-February ... | | Russian Federation | Monetary Policy | March | 11% | The Bank of Russia kept the key policy rate on hold at 11% at its March meeting, unchanged since August. ... | | Russian Federation | Producer Price Index | February | 3.50% | Producer price inflation in Russia decelerated sharply to 3.5% y/y in February, from 7.5% in the previous ... | | Spain | Lending by Credit Institutions | January | -3.7% | Domestic credit lending by Spanish banks dropped 3.7% in year-ago terms in January, slightly down from ... | | United States | ECRI Weekly Leading Index | 03/11/2016 | 131.6 | The ECRI weekly leading index is on the rise again as leading indicators such as equities prices, job ... | | United States | University of Michigan Consumer Sentiment Survey | March | 90.0 | Preliminary consumer sentiment fell in early March with declines in perceptions of current economic conditions ... | | View More Releases
Survey of Business Confidence Latest: 30.9 Business sentiment has firmed in recent weeks in tandem with the rally in global financial markets. The turmoil in markets late last year and early this year had noticeably weakened confidence, hitting assessments of present conditions especially hard. But recent responses to all of the survey questions have taken on a brighter hue. Expectations regarding the outlook into this summer remain notably strong, with over half of respondents saying conditions will improve by then. And despite the decline in confidence in recent months, in a broader historical context, business sentiment is good and consistent with an economy that is expanding at the high end of its potential. View Full Analysis Reader's Choice U.S. Macro Outlook: Myth Busting The electorate seems unconvinced, but solid fundamentals are driving the economy. U.S. Regional Outlook: The Expansion Continues The outlook is upbeat, for most of the country. U.S. Chartbook: Resilience is Tested The expansion is still in mid-cycle, but recent financial market tightness has tempered sentiment. Candidate Report Card: The Democrats Higher taxes, higher complexity, lower inequality. U.S. Chartbook: Silencing the Critics Job growth and vehicle sales in February should allay concerns about the economy.
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