| Today's Economy
Economic Roundup: Looks Can Be Deceiving U.S. durable goods orders surged 9.2% in March but made little progress when excluding transportation equipment. Inside Economics: The Inbox Episode It is listener-question day for the anniversary edition of the podcast. Europe Daily Briefing: New-Car Registrations Still Contracting The continued decline in the EU speaks to the grim state of consumer confidence. LatAm Daily Briefing: Headwinds for Chile The country's economy will grow around 2% in 2025 after 2.6% in 2024. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Credit Outlook: Cracks in the Credit Cycle The scope of pressure on student loans is becoming clearer two quarters after the moratorium on reporting delinquent accounts ended. Asia-Pacific Weekly Highlights and Preview, 24 April 2025 Uncertainty from U.S. tariffs and tariff threats will continue to disrupt APAC economies. Europe Chartbook: Comparing April Forecasts Our April baseline is more pessimistic than the ECB Survey of Professional Forecasters. Euro Zone Inflation Tracker: Heading Lower Given the significant presence of base effects in the March release, we expect a rebound in the inflation rate as those effects unwind in April. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States
Moody's Analytics Beige Book Index
Apr. 2025: 19.4
The Moody’s Analytics Beige Book Index fell in April to 19.4, down from 36.1 in March. United States
Chicago Fed National Activity Index
Mar. 2025: -0.03
The Chicago Fed National Activity Index decreased to -0.03 in March from 0.24 in February. United States
Jobless Claims
April 19: 222,000
U.S. initial unemployment insurance claims remain stable and relatively low. United States
Durable Goods (Advance)
Mar. 2025: 9.2% m/m
New orders for U.S. durable goods surged in March, rising 9.2% following 0.9% in February. Canada
Earnings, Hours and Employment
Feb. 2025:
United States
Existing-Home Sales
Mar. 2025: 4.02 mil, SAAR
The 2025 spring homebuying season is shaping up to be weaker than last year's, and existing-home sales fell short of expectations in March. United States
St. Louis Fed Financial Stress Index
April 18: -0.21
The St. United States
Natural Gas Storage Report
April 18: 88 bil cubic feet
Last week’s increase in natural gas stocks surpassed analyst predictions, which could put some downward pressure on prices. United States
Kansas City Fed Manufacturing Survey
Apr. 2025: -4
Manufacturers in the Federal Reserve’s Tenth District experienced declining factory activity in April, according to the Kansas City Fed’s Manufacturing Survey. China
Monetary Policy
Apr. 2025:
China's panel banks left their one- and five-year loan prime rates at 3.1% and 3.6%, respectively, in April. » VIEW MORE ECONOMIC INDICATORS | 
