If this email is not being displayed properly, please click here.

ma_header_ecca
March 23, 2016

Dismal Scientist Daily Update

Highlights from Moody's Analytics forward looking, up-to-the-minute coverage of the global economy.


» Today's Commentary
» Insight on Critical Issues
» Today's Releases
» Survey of Business Confidence
» Reader's Choice

Today's Commentary

Lower Oil Imports to U.S. Decreased Supply
A recent decline in imports is helping rebalance supply and demand.

U.S. New-Home Sales Back on Track
The slide in sales sold but not started is worrisome.

U.S. Retailers Find No Pot of Gold at End of St. Patty’s Day Rainbow
A hop in Easter sales could still salvage March numbers.

Economic Briefing: Taiwan Braces for More Dismal Data
Bank of Thailand is set to stay on the sidelines.

View More Analysis


Insight on Critical Issues

Challenges, Opportunities in U.S.-Cuba Economic Ties
U.S. businesses and Cuba will both reap economic benefits from the thaw in bilateral relations.

Mexico Outlook: Another Year of Low Growth
The economy is functioning under policy normalization.

A More Promising Road to GSE Reform
Reforming Fannie Mae and Freddie Mac is critical.

Philippines Outlook: From Sick to Strong
Business services are driving economic growth in the island nation.

View More Analysis


Today's Releases

FlagBrazilEmployment Situation
February8.2%
Unemployment continued to rise in February because the recession has continued and the seasonal effect ...
 
FlagMexicoRetail & Wholesale Sales
January5.2%
Household consumption advanced at the beginning of the year as consumer spending recovered. Hence, the ...
 
FlagSpainProducer Price Index
February-5.7%
Spain’s producer price index slid 5.7% in February from a year earlier from January’s 4.2% decline. The ...
 
FlagTaiwanDomestic Trade
February0.1%
Domestic demand in Taiwan looks to be soft in the March quarter. Retail trade in February gained 0.1% ...
 
FlagTaiwanIndustrial Production
February-3.6%
Weak export demand weighs on Taiwanese manufacturers. Industrial production declined 3.6% y/y in February, ...
 
FlagThailandMonetary Policy
March1.5%
Weak domestic and external conditions will out pressure on the Thai central bank to cut its policy rate ...
 
FlagUnited StatesOil Inventories
03/18/2016532.5 mil barrels
A quick build in crude oil inventories will put downward pressure on prices. Crude oil inventories increased ...
 
FlagUnited StatesNew-Home Sales
February512,000
New single-family home sales rebounded in February, rising 2% to 512,000 annualized units, in line with ...
 
FlagUnited StatesMBA Mortgage Applications Survey
03/18/2016-3.3%
Despite a downward movement in interest rates, mortgage applications decreased again last week. Activity ...
 
FlagUnited StatesCreditForecast.com Household Credit Report
February2.9%
Total U.S. household borrowing edged down to year-over-year growth of 2.9% in February from 3.1% in January. ...
 
View More Releases


Survey of Business Confidence

Latest: 30.5

Global business sentiment is stable, and consistent with an economy growing at its potential. This comes after several months of weakening confidence. The softer sentiment coincided with the turmoil in financial markets late last year and early this. Assessments of present conditions have been hit especially hard, while encouragingly, expectations regarding conditions later this year have held up much better. South American and, to a lesser degree, Asian companies are the most worried. Sentiment in these regions is consistent with below-potential growth. North American and European businesses are more upbeat, but sentiment has weakened in these regions as well.

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.

Economic Roundup: Is the Fed in Denial?
Fed was surprisingly dovish, and new rate path seems inconsistent with the job market, inflation.



About Moody's Analytics

Moody's Analytics, a subsidiary of Moody's Corporation, helps capital markets and credit risk management professionals worldwide respond to an evolving marketplace with confidence. Through its team of economists, Moody’s Analytics is a leading independent provider of research, credit risk management, modeling, data, and forecasts at the global, national and subnational levels.

Moody's Analytics Economic & Consumer Credit Analytics
customized models, concise and timely research, and one of the largest assembled financial, economic and demographic databases support firms and policymakers in strategic planning, product and sales forecasting, credit risk and sensitivity management, and investment research. Learn more:

»
Access more than 260 million economic, demographic and financial time series for more than 180 countries, updated daily, at the global, macro and regional levels.
»
Consult more than 40 forecast databases covering global, macro and regional economics as well as specific concepts such as industry and consumer credit.
»
Utilize comprehensive, concise and timely analysis on the current and expected economic conditions of global, macro and regional economies to manage exposure to potential risks.
»
Forecast and stress-test consumer credit portfolios from default risk to revenue growth.
»
Optimize your decision-making process by leveraging our extensive expertise (research, models, data, consulting) as well as your own internal information systems.

 



NOT A SUBSCRIBER?

Start a FREE 14-Day Trial


UPCOMING EVENTS
Moody's Analytics Economic Briefing - Stamford CT
March 24, 2016


Moody's Analytics Economic & Consumer Credit Briefing - San Francisco CA
April 05, 2016


Moody's Analytics Economic & Consumer Credit Briefing - Orange County CA
April 06, 2016


Moody's Analytics Economic & Consumer Credit Briefing - Los Angeles CA
April 07, 2016


View More Events

STAY IN TOUCH
Economy.com economy.com
LinkedIn linkedIn
Twitter twitter
RSS rss
CONTACT US

Visit us online at www.economy.com, email help@economy.com, or use one of the numbers below:
AMERICAS
+1.866.275.3266

EUROPE
+44.20.7772.5454
 
ASIA-PACIFIC
+852.3551.3077

ALL OTHERS
+1.610.235.5299

This email was sent by Moody's Analytics
121 North Walnut Street, Suite 500
West Chester, PA 19380-3166
United States

We respect your right to privacy - View our privacy policy

Click here to unsubscribe from this email.

-----------------------------------------
The information contained in this e-mail message, and any attachment thereto, is confidential and may not be disclosed without our express permission. If you are not the intended recipient or an employee or agent responsible for delivering this message to the intended recipient, you are hereby notified that you have received this message in error and that any review, dissemination, distribution or copying of this message, or any attachment thereto, in whole or in part, is strictly prohibited. If you have received this message in error, please immediately notify us by telephone, fax or e-mail and delete the message and all of its attachments. Thank you. Every effort is made to keep our network free from viruses. You should, however, review this e-mail message, as well as any attachment thereto, for viruses. We take no responsibility and have no liability for any computer virus which may be transferred via this e-mail message.

g:4F48BC30D4F249EDAE5B30F4AB01BCC7 d:61A74096424B4EF79AF29C8798A70C51