Today's Economy Economic Roundup: Mind the Employment Gap There is no clear sign what is behind the record gap between U.S. payroll and household employment. Capital Market View: What to Expect in the July U.S. CPI Year-over-year growth in the core CPI accelerated in July and could again in August and September. The Inflation Reduction Act and the August U.S. Baseline The bill made its way through the Senate and into the baseline forecast. LatAm Daily Briefing: Rosalía and the Economics of a Motomami By challenging traditional LatAm gender norms, the superstar’s music spotlights longtime economic disparities. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Weekly Highlights and Preview, August 8, 2022 While the headline CPI will post a small monthly gain in July, the core CPI, which excludes food and energy, will remain solid. U.S. Chartbook: Packed Week and Mixed Signals Friday's jobs report surprised to the upside, but other indicators prompt concern. U.S. Inflation Tracker: Have We Passed the Peak? July’s personal consumption expenditure figures are expected to show a marked cooling from June’s pace. U.S. Employment Report, Cont'd July's payroll gain marks three consecutive months of accelerating job growth. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States Moody's CMBS Delinquency Tracker Jun. 2022: 4.39% The Moody’s Delinquency Tracker total delinquency rate inched down 4 basis points to 4.39% in June. Denmark Industrial Production Jun. 2022: 2.0% m/m Danish industrial production increased by 2% in June from May, adding to a long string of top-line growth. Switzerland Unemployment rate Jul. 2022: 2.2% Switzerland’s seasonally adjusted unemployment rate was unchanged this July at 2.2%. Taiwan (China) Foreign Trade Jul. 2022: US$5.03 bil Taiwan's trade surplus rose to $5 billion in July from $4.6 billion in June, powered by electronics exports. Norway Industrial Production Jun. 2022: -1.7% m/m Industrial production in Norway fell 1.7% from May to June. Chile Consumer Price Index Jul. 2022: 13.1% y/y Chile’s inflation continued to escalate in double-digit territory as food and energy prices remained under pressure and expectations deteriorated further. Chile Foreign Trade Jul. 2022: US$75.6 mil Chile's trade accounts snapped back into positive territory in July, but this was because imports fell more than exports. World Moody's Analytics Survey of Business Confidence August 05: -2.0 Global businesses remain dour, as they have been all year. Philippines Industrial Production Jun. 2022: Philippines Foreign Trade Jun. 2022: Philippines GDP 2022Q2: » VIEW MORE ECONOMIC INDICATORS |