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 31, 2018

Today's Economy


Happy New Year From Economy.com!

We will return on Wednesday.

Partial U.S. Shutdown Likely Won't Cause Jobless Claims to Jump

Claims by federal employees are separated from the regular claims pool.

Trump vs. Powell

Here's how the U.S. president could, but is unlikely to, change Fed chairs.

What U.S. Economic Data Are Affected by the Shutdown

Department of Commerce releases are likely delayed; the Fed and Labor Department remain open.

» VIEW MORE TODAY'S ECONOMY



Commentary


U.S. Weekly Highlights and Preview, December 28, 2018

The labor market is the focus during the holiday-shortened workweek.

U.S. Chartbook: Key Questions for 2019

Recession risks rise, but this expansion will become the longest on record.

Living Costs in the West Widen Their Gap With Rest of the U.S.

High and rising living costs in the West pull the region further above the national average.

U.S. Regional Outlook: HQ2 Leaves Winners Primed for Growth—and Growing Pains

Even though the winning bidders are rightfully optimistic, numerous concerns persist.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Russian Federation
GDP
2018Q3: 1.5%

Chile
Employment
Nov. 2018: 6.8%
The national unemployment rate averaged 6.8% in the September-November rolling quarter, up from 6.5% a year earlier.

Chile
Manufacturing Production
Nov. 2018: -4.75%
The national industry reported a mild advance in November, but manufacturers stayed in negative territory.

World
Moody's Analytics Survey of Business Confidence
December 28: 22.6
Last week’s business survey results were skewed by the low response rate during the Christmas-shortened week.

United States
Risk of Recession
Nov. 2018: 17%
The odds that the U.S. will be in recession in the next six months edged higher in November but remain low.

United States
Texas Manufacturing Outlook Survey
Dec. 2018: -5.1
Texas factory activity declined in December for the first time in many months. Some important current indicators in the Texas Manufacturing Outlook Survey, particularly new orders and capital expenditure, were still positive, but their margins have declined in recent months.

» VIEW MORE ECONOMIC INDICATORS

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