Today's Economy Economic Roundup: How the U.S. Baseline Forecast Changed Between November and December There were notable changes to historical and forecast data for household formations. LatAm Daily Briefing: Peru Dodges Coup, Welcomes First Female President Dina Boluarte must navigate myriad challenges amid the nation’s political turbulence. Europe Daily Briefing: U.K. GDP Rebounds A rebound in consumer-facing industries led the October growth. Asia-Pacific Daily Briefing: Malaysia's Tepid Manufacturing The run of double-digit growth is over. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Chartbook: Cautious Optimism The strong condition of the U.S. consumer will limit the severity of a near-term economic downturn. This Week in Housing Declines in U.S. mortgage rates do little to overcome pessimism as all eyes turn to CPI inflation. U.S. Weekly Highlights and Preview, December 9, 2022 The Fed is expected to slow its rate hikes to only 50 basis points. U.S. Road to Recession: Underlying Resilience Consumer and business strength will help keep recession at bay. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States Moody's CMBS Delinquency Tracker Nov. 2022: 4.14% After an uptick in the previous month, the Moody’s Delinquency Tracker total delinquency rate returned to its downward trend, decreasing 11 basis points to 4.14% in November. Canada RPS House Price Index Nov. 2022: China Monetary Aggregates Nov. 2022: 12.4% y/y United Kingdom Monthly GDP Oct. 2022: 0.5% m/m U.K. Denmark Consumer Price Index Nov. 2022: 8.9% y/y Danish CPI retreated in November from October, registering an 8.9% y/y increase in the index. India Consumer Price Index Nov. 2022: 5.9% y/y In November, India’s year-on-year CPI inflation rate decelerated to 5.88% from 6.77% in October. Mexico Industrial Production Oct. 2022: 3.1% y/y Mexico’s industrial production moderated in October in annual terms. India Industrial Production Oct. 2022: -4.0% y/y India’s industrial production decreased in October by 4%, compared with a year earlier. World Moody's Analytics Survey of Business Confidence December 09: 7.1 Global business sentiment has taken on a bit brighter hue in recent weeks. Australia Datium Insights - Moody’s Analytics Used Vehicle Price Index Nov. 2022: Uruguay Industrial Production Oct. 2022: -4.2% y/y Uruguay’s industrial production decreased by 4.2% y/y in October, the second time this year that manufacturing output fell. United States Treasury Budget Nov. 2022: -$248.5 bil In November, the Treasury registered a monthly deficit of $248.5 billion, compared with the $191.3 billion shortfall in November 2021. Argentina Industrial Production - Advance Oct. 2022: 3.5% y/y Industrial output grew 3.5% year on year in October (NSA) after 4.3% in the previous month. Philippines Foreign Trade Oct. 2022: » VIEW MORE ECONOMIC INDICATORS |