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Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Monday, December 23, 2024

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

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