Today's Economy Economic Roundup: End-of-Year Resolution Congress passed a last-minute continuing resolution over the weekend. Europe Daily Briefing: No U.K. Growth in Q3 U.K. GDP reports zero growth in the third quarter. China Outlook: Q&A We answer your questions about the outlook for China's economy. Economic Roundup: A Flurry of Data to End the Week Inflation eases, while income and spending rise. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Chartbook: Changing Expectations The FOMC cut again in December, but fewer cuts appear to be on the horizon in 2025. Euro Zone Inflation Tracker: Inching Up Although headline inflation will rise slightly above target in the fourth quarter, price pressures will not likely run out of control. U.S. Outlook: From Exceptional to Challenging The U.S. economy is performing exceptionally well and should be able to overcome most any challenge it faces next year. Good thing, as coming changes to economic policy are sure to be challenging. Spain Outlook: Strength in the Face of Persistent Headwinds Downside risks remain important in 2025 and could jeopardize an otherwise strong economic performance. » VIEW MORE COMMENTARY
Today's Economic Indicators
Singapore Consumer Price Index Nov. 2024: 1.6% y/y Price increases in Singapore were at the cooler end of market expectations. United Kingdom GDP - Quarterly 2024Q3: 0.0% q/q Following downward revisions, the U.K. economy reported zero growth in the third quarter, stalling after a 0.4% q/q rise in the second quarter. Taiwan (China) Industrial Production Nov. 2024: 10.3% y/y Taiwan's industrial production increased 10.3% in November from a year earlier. Spain GDP 2024Q3: 0.8% q/q Spain's GDP increased by 0.8% quarter on quarter in the three months leading up to September, aligning perfectly with preliminary estimates. Mexico Economic Activity Index Oct. 2024: 0.7% y/y Mexico’s economy took another step back in October, with the statistics institute’s monthly GDP tracker falling 0.7% on a seasonally adjusted basis from September. Mexico Trade Balance Nov. 2024: -US$133.3 mil Mexico’s trade accounts fell back into the red in November as growth in intermediate inputs pushed total imports above exports. United States Chicago Fed National Activity Index Nov. 2024: -0.12 The Chicago Fed National Activity Index increased in November, rising to -0.12 from -0.5 in October. Canada Industrial Product and Raw Materials Price Indexes Nov. 2024: 0.6% m/m In November, the Industrial Product Price Index rose 0.6% after increasing 1.2% in October. Canada Gross Domestic Product by Industry Oct. 2024: 0.3% m/m In October, Canada's real gross domestic product rose 0.3% following an upwardly revised 0.2% increase in September. United States Conference Board Consumer Confidence Dec. 2024: 104.7 Consumer sentiment retreated in December. World Moody's Analytics Survey of Business Confidence December 20: 27.1 Global business sentiment brightened throughout 2024 and is ending the year strongly. South Korea Consumer Sentiment Index Dec. 2024: 88.4 South Korea's consumer sentiment index plummeted to 88.4 in December from 100.7 in November and 99.7 in December 2023. » VIEW MORE ECONOMIC INDICATORS |