Today's Economy Update on the Economic Costs of Closing the U.S.-Mexico Border Supply chains and cross-border transactions could be damaged. Profits Growth Offsets the Drag of a Record-High Ratio of Corporate Debt to GDP Last year, the yearlong average 10-year Treasury yield of 2.91% trailed 5.2% nominal GDP growth by 2.3 percentage points. Inventory Build Raises Q1 GDP Tracking to 2% The composition of U.S. growth implies more in the first quarter, a little less in the second. Europe Daily Briefing: No News Sometimes Means Bad News A solution to the Brexit chaos seems to be as far off as ever. » VIEW MORE TODAY'S ECONOMY
Commentary Road to Recession: The R-Word Is Premature Temporary factors have hurt the economy in the short term. U.S. Chartbook: Temporary Weakness Some indicators disappointed due to fleeting factors, but the labor market is sanguine. U.S. Weekly Highlights and Preview, March 29, 2019 A run of solid data would temper concerns about a downturn. Let's Talk About the Yield Curve Recession signal likely overdone unless we talk ourselves into a downturn. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States CoreLogic Home Price Index Feb. 2019: 4.0% The CoreLogic Home Price Index increased 4% year over year in February, its slowest pace in seven years. United States Vehicle Sales - AutoData Mar. 2019: Russian Federation GDP 2018Q4: 2.7% Russian GDP picked up steam in the fourth quarter, with growth accelerating to 2.7% year over year, compared with 2.2% in the third quarter. Euro Zone Unemployment Feb. 2019: 7.8% In line with our expectations, the euro zone’s jobless rate held steady at 7.8% in February, its lowest since October 2008. Brazil Industrial Production Feb. 2019: -1.3% Brazil’s industry continued to report an annual contraction in February as the economy slowly advances. Chile Retail & Wholesale Sales Feb. 2019: 4.8% Chile’s retail and wholesale sales index posted stronger than average growth, rising 4.8% in year-on-year terms. United States Durable Goods (Advance) Feb. 2019: -1.6% New orders for durable manufactured goods decreased 1.6% in February after three consecutive monthly increases. United States ISM - NY Report Mar. 2019: 66.9 The future is now, according to the March ISM-New York Report on Business. United States Moody’s Analytics Policy Uncertainty Index March 29: 128.9 The four-week moving average in our U.S. policy uncertainty index came in at 128.9 for the week ended March 29, unchanged from the prior week. Australia Foreign Trade Feb. 2019: Australia Retail Sales Feb. 2019: » VIEW MORE ECONOMIC INDICATORS |