Economy.com: Daily Update
| Friday, December 02, 2022 |
| Today's Economy
Economic Roundup: A Mixed Bag of Data to End the Week U.S. job gains exceeded expectations in November, but the details of the report were less positive. Geopolitical Risk Calendar: A Possible Opening International concerns are at the fore over industry subsidies in the U.S. Inflation Reduction Act. Same Low U.S. Saving, Different Implication The saving rate is near its record low hit leading up to the financial crisis. Europe Daily Briefing: German Trade Balance Improves Better terms of trade help the euro zone’s export power house. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Weekly Highlights and Preview, December 2, 2022 Consumer sentiment is set to improve. U.S. Jobs Report Cont’d: November Update Last month brings another strong headline figure for the labor market, though some softening is evident. U.S. Labor Market Tightness in the Eyes of the Beholder When assessing the pass-through from a tight job market to inflation, quits provide a clearer signal than openings. Latin America Weekly Highlights and Preview, December 2, 2022 Unemployment stabilizes in Mexico while Chile’s rate creeps upward. » VIEW MORE COMMENTARY
Today's Economic Indicators
France
Industrial Production
Oct. 2022: -2.6% m/m
France's industrial production took a significant hit in October. Ireland
GDP
2022Q3: 2.3% q/q
Third-quarter Irish GDP increased by 2.3 % q/q, after increasing by 2.2% in the second quarter. Portugal
Industrial Production
Oct. 2022: -2.0%
Portuguese industrial production declined 1.8% m/m in October, after a 2.1% slump in September. Brazil
Industrial Production
Oct. 2022: 1.6% y/y
The national industry posted another annual gain in October as spending on political campaigns extended into the month. Canada
Labor Force Survey
Nov. 2022: 5.1%
Following October's large employment gain, the labor market fell quiet in November. United States
Employment Situation
Nov. 2022: 263,000 m/m
The labor market remains resilient, but some cracks are beginning to appear. » VIEW MORE ECONOMIC INDICATORS |
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