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 |