Today's Economy Economic Roundup: ADP, Nonmanufacturing Index Point to Slowing Growth U.S. private-sector hiring is no longer the hare with 2020 appearing to be the year of the tortoise. Record Slow Growth for 16 to 64 Age Cohort Reins In Job Growth The inexorable aging of the U.S. is likely to be accompanied by a slower underlying rate of growth for U.S. business activity. Europe Daily Briefing: Is a Conservative Majority Guaranteed? A small Tory majority or a hung Parliament cannot be ruled out. LatAm Daily Briefing: Protest Costs Come Into View Unrest in Chile and Colombia is taking a toll on those countries' economies. » VIEW MORE TODAY'S ECONOMY
Commentary Canada Outlook: Not Out of the Woods Yet Despite investment’s strong third quarter, consumption will still need to carry GDP growth. Politics in Brief: Europe’s New Leaders on Shaky Footing Under its new president, climate change will be a priority for the EU. U.S. Chartbook: An Economy to Be Thankful For The U.S. economic expansion has remained intact despite numerous headwinds. Macro Roundup: Indonesia’s Difficult Balancing Act Bank Indonesia is navigating weaker demand conditions and the need to maintain external stability. » VIEW MORE COMMENTARY
Today's Economic Indicators
Brazil Industrial Production Oct. 2019: 1.0% The national industry continued to advance in October as the economy recovers. United States MBA Mortgage Applications Survey November 29: -9.2% Mortgage applications fell 9.2% over the week of November 29, with the refinance index falling precipitously as the purchase index inched up. United States ADP National Employment Report Nov. 2019: 67,000 The labor market is definitively slowing. United States ISM Nonmanufacturing Index Nov. 2019: 53.9 The U.S. nonmanufacturing sector, which makes up the bulk of the economy, maintained its expansion in November. Canada Monetary Policy Dec. 2019: 1.75% The Bank of Canada is holding the line on rates. United States Oil Inventories November 29: 447.1 mil barrels A larger-than-expected drop in commercial crude oil inventories will support prices. Uruguay Consumer Price Index Nov. 2019: 8.4% Uruguayan inflation topped expectations in November, accelerating slightly to 8.4% from 8.3% in October. Chile Monetary Policy Dec. 2019: 1.75% T Australia Foreign Trade Oct. 2019: Australia Retail Sales Oct. 2019: » VIEW MORE ECONOMIC INDICATORS |