| Today's Economy
Economic Roundup: Swing and a Miss The Fed's Williams provided a temporary boost to stocks, but he couldn't save the day. November U.S. Consumer Spending Was Mildly Disappointing Q4 GDP is now tracking less than 3%. Meet the 2019 FOMC There won't be a big change in the hawk/dove balance, but Trump could pivot on filling an open board seat. Europe Daily Briefing: A Not-so-Festive Season The day's deluge of economic releases brought little good news. » VIEW MORE TODAY'S ECONOMY
Commentary
Bumps Ahead on Asia's Wild Ride The U.S.-China trade war dominated 2018, and there are no guarantees in the current truce. U.S. Weekly Highlights and Preview, December 21, 2018 Markets will not get guidance from the Fed next week. Europe Weekly Highlights and Preview, 21 December, 2018 The euro zone’s preliminary CPI release for December should show that inflation pressures accelerated slightly. Asia-Pacific Weekly Highlights and Preview, 21 December, 2018 Japan's November data dump will be mediocre. » VIEW MORE COMMENTARY
Today's Economic Indicators
France
Household Consumption Survey
Nov. 2018: -0.3%
French household goods consumption fell by 0.3% m/m in November, but we caution that a decline here was always expected following October’s upwardly revised 0.9% rise. France
GDP
2018Q3: 0.3%
Final numbers disappointed and showed that GDP growth in France accelerated to only 0.3% q/q in the third quarter, from 0.2% previously, below the initial estimate of 0.4%. United Kingdom
GDP - Quarterly
2018Q3: 0.6%
Final numbers confirmed that U.K. real GDP grew 0.6% q/q in the three months to September, an acceleration from the 0.4% increase in the second quarter and the best performance in two years. Canada
Industry Output
Oct. 2018: 0.3%
Canadian gross domestic product regained its footing in October, expanding at 0.3% after September’s 0.1% drop, the strongest gain since May. Canada
Retail Trade
Oct. 2018: 0.3%
Retail sales rose by 0.3% in October from 0.1% in September. United States
Durable Goods (Advance)
Nov. 2018: 0.8%
New orders for durable manufactured goods gained 0.8% in November after decreasing 4.3% in the previous month. United States
GDP
2018Q3: 3.4%
U.S. United States
PCE Deflator
Nov. 2018: 0.1%
U.S. inflation continues to hover around the Fed’s 2% objective, but the outlook is a little murky. United States
Personal Spending
Nov. 2018: 0.3%
Real consumer spending continues to grow at a healthy pace as optimistic consumers enjoy the strong labor market. Mexico
Economic Activity Index
Oct. 2018: 2.9%
Mexico’s economy decelerated in October, with respect to the previous month, as expected at the end of the government’s period. United States
Regional and State Employment
Nov. 2018:
State labor markets performed in line with the nation's in November, with employment rising and labor markets tightening. United States
University of Michigan Consumer Sentiment Survey
Dec. 2018: 98.3
The tight labor market and falling gasoline prices lifted consumer sentiment to 98.3 in the final December report, up from 97.5 a month ago. United States
Personal Income
Nov. 2018: 0.2%
Nominal personal income rose by 0.2% in November, less than our forecast for a 0.3% gain and the unrevised 0.5% increase in October. United States
Kansas City Fed Manufacturing Survey
Dec. 2018: 3
Manufacturing activity in the Kansas City Fed District slowed in December, with the composite index registering a reading of 3, down from 15 in November. Colombia
Monetary Policy
Dec. 2018: 4.25%
Colombia’s central bank board left the reference interest rate unchanged at November’s meeting. » VIEW MORE ECONOMIC INDICATORS | 