| Today's Economy
Economic Roundup: Some Good and Bad News from March U.S. New-Home Sales Also, don't look now but the effective fed funds rate is drifting higher. Europe Daily Briefing: What's Next on the Brexit Front? Even if May is ousted or resigns, her replacement will have a hard time uniting the Conservatives. Asia-Pacific Daily Briefing: BoJ Is Putting All Its Eggs in One Basket The Bank of Japan will likely stay quiet in 2019, hoping that global conditions improve. Economic Roundup: Mortgage Rates Will Keep Floor Under Existing-Home Sales Existing-home sales fell in March but rose 5% at an annualized rate in Q1. » VIEW MORE TODAY'S ECONOMY
Commentary
Stock Market Contributes to U.S. Wealth Inequality New data confirm growth in inequality, but show it has not been linear. Was March China’s Inflexion Point? Fixed asset investment and credit growth were among the first to show improvement. Commodity Outlook: Global Oil Market Surplus Vanishes OPEC’s estimated output for March implies a nearly balanced oil market. U.S. Macro Outlook: Bashing the Fed The economy got a recent lift from the central bank, but the criticism will go on. » VIEW MORE COMMENTARY
Today's Economic Indicators
Canada
Wholesale Trade
Feb. 2019: 0.3%
Canadian wholesale sales increased 0.3% to C$63.7 billion in February. Mexico
Employment Situation
Mar. 2019: 3.25% Unemployment
Mexico's unemployment declined in March as usually happens in the third month of the year. United States
FHFA Purchase-Only House Price Index
Feb. 2019: 4.9%
The Federal Housing Finance Agency Purchase-Only House Price Index increased 4.9% in February on a year-ago basis, which is much slower than the previous month’s increase. United States
Richmond Fed Manufacturing Survey
Apr. 2019: 3
Manufacturing activity in the Richmond Federal Reserve District decelerated in April, and the Fifth District Manufacturing Index fell from 10 to 3. United States
State and Local Government Tax Revenue
2018Q4: -3.5%
State tax revenues slid 3.5% in the fourth quarter for a disappointing close to 2018. United States
New-Home Sales
Mar. 2019: 692,000
Aided by a downward trend in house prices, new-home sales increased in March for the third straight month. Australia
Consumer Price Index
2019Q1:
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