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Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Wednesday, April 27, 2022

Today's Economy


Economic Roundup: U.S. Q1 GDP Will Be Misleading

Inventories and trade will take a heavy toll on first-quarter GDP.

LatAm Daily Briefing: Dominican Republic's Global Dependency

The nation’s fortunes hinge on the worldwide swings of economic pressures.

Europe Daily Briefing: German Consumer Confidence Tanks Heading Into May

The GfK consumer confidence indicator crashed heading into May.

Asia-Pacific Daily Briefing: Aussie CPI Soars Beyond Expectations

The RBA is under pressure to act in the first half of 2022.

» VIEW MORE TODAY'S ECONOMY



Commentary


U.K.'s Household Income Squeeze

Inflation is eroding spending power, and the Bank of England has a difficult challenge ahead.

Why the BoJ Won’t Save the Yen

It will take more than monetary policy to alter the yen’s trajectory and tame inflation.

U.S. Used-Vehicle Price Growth Takes a Breather

Not seasonally adjusted price growth cooled through the first quarter.

U.S. B2B Tracker Update: Fed on the Levers

It is illuminating to highlight just where businesses are seeing costs rise fastest.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Sweden
Unemployment rate
Mar. 2022: 7.6%
Sweden’s seasonally adjusted unemployment rate ticked up to 7.6% in March from an upwardly revised 7.4% in February.

United States
MBA Mortgage Applications Survey
April 22: -8.3%
Mortgage application volume took a dive this week, falling 8.3% from the week before.

Mexico
Trade Balance
Mar. 2022: US$198.7 mil
Mexico’s trade surplus shrank in March, after a positive result in the previous month.

United States
Advance Wholesale and Retail Inventories
Mar. 2022: 2.3% m/m
The advanced estimate of wholesale and retail inventories for March shows another strong monthly gain.

United States
International Trade in Goods - Advanced
Mar. 2022: -$125.3 bil
U.S. first-quarter GDP got dinged by the March advance goods deficit, which widened noticeably.

United States
Business Employment Dynamics
2021Q3: 8.8 mil
The labor market rebounded in the third quarter of 2021 following softer growth in the second quarter precipitated by resurgence of the virus.

United States
Pending Home Sales
Mar. 2022: 103.7
The NAR pending home sales index dropped 1.2% to 103.7 in March, adding to recent losses and falling to its lowest level since May 2020.

United States
Housing Vacancies & Homeownership
2022Q1: 65.4%
The U.S. homeownership rate inched down from 65.5% to 65.4% in the first quarter of 2022.

United States
Moody's Analytics Inflation Expectations Pulse
April 24: 2.36%
Inflation expectations edged higher in the week ended April 24, according to the Moody’s Analytics Inflation Expectations Pulse.

United States
Oil Inventories
April 22: 414.4 mil barrels
Last week’s build in oil supplies closely matched analyst predictions, so this report will have little effect on pricing.

Russian Federation
Industrial Production
Mar. 2022: 3.0% y/y
Russia's industrial production growth decelerated to 3% y/y in March from 6.3% in February, mainly because of a contraction in manufacturing, followed by a slowing across resource extraction.

Russian Federation
Retail Sales
Mar. 2022: 2.2% y/y
Seasonally adjusted Russian retail sales increased by 5.8% m/m in March after inching down by 0.1% previously.

Russian Federation
Foreign Trade
Feb. 2022:
Following the temporary suspension of the Russian Federation’s merchandise trade monthly publication by the Central Bank of Russia starting April 11, the Russian Federal Statistical Office has not published the respective monthly series on April 27, only aggregate data since the start of the year.

Russian Federation
Unemployment
Mar. 2022: 4.1%

New Zealand
Foreign Trade
Mar. 2022:

Japan
Industrial Production
Mar. 2022:

Japan
Retail Sales
Mar. 2022:

Japan
Monetary Policy
Apr. 2022:

» VIEW MORE ECONOMIC INDICATORS

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