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.

Friday, August 04, 2017

Today's Economy


Economic Roundup: U.S. Job Growth Isn't Sustainable

Labor supply issues will become more binding.

Confidence U.S. Economy Is at Full Employment Still Lacking

Long-term unemployment rose in July and wage growth remains weak.

Canada Weekly: Net Foreign Asset Position Rises Again

Net foreign assets rose for a third straight quarter, spurred by higher foreign stock markets.

Latam Weekly: Mexican Exports Have Grown Up

Today the country exports more cars than commodities.

» VIEW MORE TODAY'S ECONOMY



Commentary


U.S. Weekly Highlights and Preview, August 4, 2017

July employment clears another hurdle for the Fed to begin normalizing its balance sheet soon.

Europe Weekly Highlights and Preview, 4 August, 2017

Euro zone, U.K. industrial performance in the spotlight.

Macro Roundup: Aussie Consumers Aren't Feeling It

Already subdued retailers are bracing for the arrival of Amazon.

Latin America Economic Preview: 7-11 August

Inflation falls in Brazil, Chile and Colombia, and stays high in Argentina and Mexico.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Malaysia
Foreign Trade
Jun. 2017: MYR9.9 bil
Fading base effects on the import ledger caused Malaysia's trade surplus to widen in June. The trade surplus rose to MYR9.9 billion in June, up from 5.5 billion in the prior month.

Spain
Industrial Production
Jun. 2017: -0.1%
Spain’s industrial production disappointed in June, coming in at 2.7% y/y, below our expectations.

Germany
Manufacturing Turnover and Orders Received
Jun. 2017: 1%
German manufacturing advanced by 1% m/m in June following a revised 1.1% increase in May.

Italy
Retail Sales
Jun. 2017: 0.6%
Italy’s retail sales jumped 0.6% on a monthly basis in June, following no change in the previous month.

United States
Semiconductor Billings
Jun. 2017: 2.0%
Global semiconductor sales ended the second quarter on a strong note.

United States
International Trade (FT900)
Jun. 2017: -$43.6 bil
June’s smaller than anticipated trade deficit indicates that trade may add a touch of shine to second quarter GDP growth.

United States
Employment Situation
Jul. 2017: 209,000
July was another good month for the U.S. labor market.

Canada
International Merchandise Trade
Jun. 2017: -C$ 3.60 bil
Canada's trade balance fell further into deficit territory.

Canada
Labor Force Survey
Jul. 2017: 6.3%
The labor market took a moment to catch its breath in July.

Russian Federation
Consumer Price Index
Jul. 2017: 0.1%
Russia enjoyed a slowdown in price inflation in July, as measured by the consumer price index, with prices growing at a 3.9% year-over-year pace, a 0.5-percentage point drop from last month.

United States
ECRI Future Inflation Gauge
Jul. 2017: 111.5 (U.S.)
The fall in the ECRI Future Inflation Gauge indicates that inflation will remain subdued.

Canada
Purchasing Managers' Index
Jul. 2017: 60.0
The seasonally adjusted Ivey Purchasing Managers' Index hit 60 in July, down slightly from 61.6 in June but the fourth reading in the 60s in the past five months.

United States
ECRI Weekly Leading Index
July 28: 144.4
The U.S. expansion will continue over the coming quarters, though gains will moderate as the expansion matures.

» VIEW MORE ECONOMIC INDICATORS

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