| Today's Economy
Season's Greetings: A Programming Note Due to holiday schedules and staffing at our global offices, some of our regular features will be on hiatus through January 2. Geopolitical Risk Calendar: EU Sets Natural Gas Price Cap The cap will go into effect in February and last for a year. Europe Daily Briefing: Spain’s Economy Slows in Third Quarter Spain's GDP growth was revised lower as Spain’s economy decelerates. Asia-Pacific Daily Briefing: Not Quite a Christmas Miracle Inflation remains elevated in Japan, Malaysia and Singapore. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Weekly Highlights and Preview, December 23, 2022 Home sales should rebound but not enough to offset the recent weakness. Europe Weekly Highlights and Preview, 23 December, 2022 Black Friday and pre-Christmas sales likely supported retail and employment in November. U.S. B2B Tracker: Pullback is Underway Businesses are awaiting signs that inflation is moderating. Euro Zone Inflation Tracker: Pressures Decrease The ease in energy prices has helped bring inflation down a bit. » VIEW MORE COMMENTARY
Today's Economic Indicators
Netherlands
GDP
2022Q3: -0.2% q/q
Real GDP was confirmed to have shrunk 0.2% q/q in the third quarter after jumping disproportionately more than its euro zone peers in the second. Singapore
Consumer Price Index
Nov. 2022: 6.7% y/y
Singapore’s headline inflation came in unchanged in November, growing by 6.7% y/y. Singapore
Industrial Production
Nov. 2022: -3.2% y/y
Singapore industrial production fell 3.2% y/y in November, marking the lowest reading since July 2020. Denmark
GDP
2022Q3: 0.3% q/q
Final estimates revised Denmark’s third-quarter GDP growth lower. Denmark
Retail Sales
Nov. 2022: 0.2% m/m
Denmark’s retail sales rose by 0.2% m/m in November, following a 1.7% contraction in October. Taiwan (China)
Industrial Production
Nov. 2022: -4.9%
Taiwan’s industrial production fell 4.9% y/y in November, compared to a downwardly revised 4.3% y/y decline in October. Spain
GDP
2022Q3: 0.1% q/q
In seasonally adjusted terms, Spain's GDP grew 0.1% q/q in the three months to September, revised downward from a preliminary estimate of 0.2%. Belgium
Consumer Price Index
Dec. 2022: 10.4% y/y
Consumer price growth in Belgium decelerated once more in December. Canada
Gross Domestic Product by Industry
Oct. 2022: 0.1% m/m
Strong public administration and wholesale output nudged October's GDP upwards, despite weakness from goods-producing industries. United States
Durable Goods (Advance)
Nov. 2022: -%2.1% m/m
U.S. durable goods fell in November. United States
Personal Income
Nov. 2022: 0.4% m/m
Personal income in the U.S. expanded at a healthier clip than expected in November. United States
PCE Deflator
Nov. 2022: 0.1% m/m
November’s personal consumption expenditure deflator aligns with data elsewhere indicating inflation is moderating in the U.S. United States
Real Personal Spending
Nov. 2022: 0.0% m/m
Real consumer spending growth slumped to its weakest rate since July’s decline in November. United States
State Personal Income
2022Q3: 5.3%, SAAR
State personal income growth accelerated slightly in the third quarter. United States
New-Home Sales
Nov. 2022: 640,000 SAAR
The number of new-home sales rose by 5.8% in November over the prior month to 640,000 annualized units, but sales declined by 15.3% on a year-ago basis. Mexico
Economic Activity Index
Oct. 2022: 4.4% y/y
Mexico
Trade Balance
Nov. 2022: -US$96.1 mil
United States
University of Michigan Consumer Sentiment Survey
Dec. 2022: 59.7
Consumer sentiment rose in December, according to the University of Michigan, nearly reversing its November loss and suggesting a return to the modest upward trend in place since it hit its record low in June. » VIEW MORE ECONOMIC INDICATORS | 
