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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.

Friday, August 26, 2022

Today's Economy


Economic Roundup: A Nice End to the Week

The Fed’s preferred inflation measure declined from June to July.

Capital Market View: Issuance on the Mend, Spreads Largely Unchanged

High-yield issuance has perked up.

Canada Weekly: Caution Ahead of Q2 GDP

The consensus is getting too optimistic on next week's second-quarter GDP.

Europe Daily Briefing: German Consumer Confidence Hits New Low

Germany’s consumer confidence at a record low in August.

» VIEW MORE TODAY'S ECONOMY



Commentary


Latin America Weekly Highlights and Preview, August 26, 2022

Economic indexes in Mexico and Argentina edge upward.

Euro Zone Inflation Tracker: Higher and Higher

Across the Continent, spikes in costs of living have prompted government action.

The Uncertain Future of the Chip Shortage

Lead times and prices for memory applications should stabilize, but prices and lead times could rise for discrete and analog applications if production pressures continue.

Europe Weekly Highlights and Preview, 26 August, 2022

Higher energy inflation driving price growth in euro zone.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Singapore
Industrial Production
Jul. 2022: 0.6% y/y
Singapore’s industrial production for July clocked a disappointing 0.6% year-on-year increase, far below our expectations for a modest 2.3% rise.

Denmark
Retail Sales
Jul. 2022: 0% m/m
Retail sales growth was null this month, remaining unchanged from the June.

Norway
Retail Sales
Jul. 2022: -2.2% m/m
In July, Norwegian retail sales fell by 2.2% month over month.

Sweden
Unemployment rate
Jul. 2022: 7%
Sweden’s seasonally adjusted unemployment rate tumbled to 7% in July from 7.6% in June.

Mexico
Trade Balance
Jul. 2022: -US$5,959.5 mil
Mexico’s trade deficit widened in July as imports accelerated.

United States
Personal Income
Jul. 2022: 0.2% m/m
Nominal personal income growth in the U.S. came in softer than expected in July.

United States
PCE Deflator
Jul. 2022: -0.1% m/m
The Federal Reserve received some welcome news Friday morning.

United States
Real Personal Spending
Jul. 2022: 0.2% m/m
Real consumer spending growth improved modestly in July as inflation moderated and income growth slowed.

United States
Advance Wholesale and Retail Inventories
Jul. 2022: 0.8% m/m
Wholesale and retail inventories continue to build steadily.

United States
International Trade in Goods - Advanced
Jul. 2022: -$89.1 bil
The advance goods deficit narrowed from $98.6 billion in June to $89.1 billion in July.

United States
Moody’s Analytics & CNN Business Back-to-Normal Index
August 24: 90.2
The Moody’s Analytics Back-to-Normal Index dipped from a revised 91.3 last week to 90.2 in the week ended August 24.

United States
University of Michigan Consumer Sentiment Survey
Aug. 2022: 58.2
U.S. consumer sentiment remains near historic lows, according to the University of Michigan, despite rising modestly in August as gasoline prices fell from record highs.

United States
Monthly GDP
Jul. 2022: -0.1% m/m
July’s estimate of U.S. real GDP shows a 0.1% contraction from June.

» VIEW MORE ECONOMIC INDICATORS

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