| Today's Economy
Europe Daily Briefing: Europe's PMIs Bring No Christmas Cheer We shouldn't assign too much weight to the drop in the U.K. PMI. LatAm Daily Briefing: 'Tis the Season for Trade Deals Agreements on USMCA and a partial accord with China took steps forward. Retail Sales Report Warns of Possibly Wider Spreads Lackluster retail sales warn of 6th straight decline by the y/y growth rate of core business sales. Asia-Pacific Daily Briefing: A Turning Point for China? Phase One of a trade deal bodes well for the economy, maybe. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Chartbook: Tune Out the Noise, Signal Is Strong Calendar quirks distorted data on retail sales and initial jobless claims. U.S. Macro Outlook: Two Economies How Americans perceive the economy’s performance and prospects varies significantly according to whether they are Republican or Democrat. U.S. Weekly Highlights and Preview: December 16, 2019 Overall, the data should take on a slightly better tone. LatAm Macro Roundup: The Autumn of Unrest Across the region, a new middle class raises its fist. » VIEW MORE COMMENTARY
Today's Economic Indicators
India
Foreign Trade
Nov. 2019: -US$12.1 bil
India's foreign trade deficit expanded to US$12.1 billion in November 2019 from $11 billion in October, though this marks a US$5.5 billion decrease in the deficit from last year. Italy
Consumer Price Index
Nov. 2019: 0.2%
Italy's EU-harmonized inflation held steady at 0.2% y/y in November, below preliminary estimates of a 0.4% gain. Peru
Unemployment
Nov. 2019: 6.3%
The job market in metropolitan Lima remains lukewarm. Russian Federation
Industrial Production
Nov. 2019: 0.3%
Russian industrial production tumbled to a meager 0.3% in November, down from a solid 2.6% in October. United States
NY Empire State Manufacturing Survey
Dec. 2019: 3.5
Like the sun rising in the east and setting in the west, the top-line general business conditions index in this month's Empire State Manufacturing Survey came in a few ticks above the neutral threshold. Canada
International Transactions in Securities
Oct. 2019: C$11.3 bil
Foreign investors' appetite for Canadian bonds returned in October. World
Moody's Analytics Survey of Business Confidence
December 13: 16.8
Global business confidence is soft but may be taking on a brighter hue. United States
NAHB Housing Market Index
Dec. 2019: 76
Homebuilder confidence ended the year on a high note, rising 5 points to 76 in December. Singapore
Foreign Trade
Nov. 2019:
United States
Treasury International Capital Flows
Oct. 2019: $32.5 bil
Net long-term capital flows increased for the second straight month in October. » VIEW MORE ECONOMIC INDICATORS | 
