| Tuesday, December 18, 2018 |
| Today's Economy
Economic Roundup: Don't Take Your Eye Off Oil Drop in oil prices will provide some support to the economy. Europe Daily Briefing: All Eyes on the Bank of England The MPC is likely to take a wait-and-see strategy amid Brexit and easing inflation pressures. Asia-Pacific Daily Briefing: Thailand to Hike, Indonesia to Hold It will be a close call for the BoT, while BI's decision will be down to the wire. U.S. Common Stock Value Down Nearly $4 Trillion Since Last Rate Hike The FOMC may have the market in mind when it meets Wednesday. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Macro Outlook: Looking Back and Looking Ahead Strong growth should continue throughout much of 2019, but it won’t quite measure up to this year. U.S. Shutdown Risks, Budget Uncertainty Threaten Holiday Cheer Government shutdown risks are greater this time, but the economic toll would be smaller than usual. U.S. Weekly Highlights and Preview, December 14, 2018 The Fed will hike rates but will turn dovish in its statement and dot plot. FOMC Preview: A Dovish Hike Fed will raise rates but signal fewer hikes in 2019 and a heightened sensitivity to incoming data. » VIEW MORE COMMENTARY
Today's Economic Indicators
Canada
Survey of Manufacturing
Oct. 2018: -0.1%
Manufacturing sales took a small step backward in October, falling 0.1%. United States
New Residential Construction (C20)
Nov. 2018: 1.256 mil
Housing starts had a partial recovery in November, increasing 3.2% for the month but still being 3.6% below their year-ago level. United States
Tech Pulse
Nov. 2018:
United States
State and Local Government Tax Revenue
2018Q3: 7.0%
State tax revenues posted healthy growth in the third quarter as the strong economy continued to pay dividends. Argentina
GDP
2018Q3: -3.5%
The Argentine economy contracted 3.5% y/y in the third quarter, after a revised 4% decline in the previous quarter. Argentina
Employment Situation
2018Q3: 9.0% Unemployment
According to Indec’s labor market survey, the national unemployment rate averaged 9% in the third quarter, compared with 8.3% a year earlier (figures are not seasonally adjusted). Japan
Foreign Trade
Nov. 2018:
» VIEW MORE ECONOMIC INDICATORS |
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