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 05, 2016

Today's Economy


A Potential Hole in November U.S. Employment

We're not complaining about reported job growth, but it was likely even better.

Asia Spotlight: Stars Align for a Rate Cut in India

Disinflation and slower economic growth from demonitisation will justify more rate cuts.

Euro Zone Gains Traction

November growth was led by Germany and Spain, but a rebounding Italy also provided support.

Bevy of Australian Data Gives a Mixed Message

Labour market conditions may be improving, but inflation remains low.

» VIEW MORE TODAY'S ECONOMY



Commentary


U.S. Chartbook: Fed Gets Green Light

Labor market passes key hurdle for interest rate action.

A Slap to Italy's Establishment

Protest voices and discontent with constitutional changes triggered the “No” vote.

U.S. Election Model Post-Mortem

Sometimes statistics just have no place in politics.

U.S. Weekly Highlights and Preview, December 2, 2016

The labor market is hot but not too hot.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Japan
Consumer Confidence
Nov. 2016: 40.9
Consumer confidence has failed to rise since Abenomics was introduced in 2013. The consumer confidence index fell sharply to 40.9 in November, down from 42.3 the month prior. Sentiment declined across most major categories, with concerns about employment falling the most.

Spain
Industrial Production
Oct. 2016: 0.5%
Spain's industrial production growth slowed in seasonally and calendar-adjusted annual terms to 0.5% y/y in October from 0.6% in the previous month as the output in the capital and durable consumer goods sectors slipped into negative territory.

Euro Zone
Retail Sales
Oct. 2016: 1.1%
Retail sales in the euro zone surprised on the upside and gained 1.1% in October, more than reversing the downwardly revised 0.4% drop in the previous month. In year-ago terms, retail sales soared 2.4%, the strongest rate since February, after growing by 1% in September.

Chile
Monthly Economic Activity Indicator
Oct. 2016: -0.4%
C

United States
Semiconductor Billings
Oct. 2016:

Uruguay
Consumer Price Index
Nov. 2016: 8.1%
Growth in Uruguay’s CPI decelerated to 8.1% in November on a year-ago basis.

World
Moody's Analytics Survey of Business Confidence
December 02: 29.6
Business sentiment weakened last week across the globe.

United States
Federal Reserve’s Labor Market Conditions Index
Nov. 2016: 1.5
C

United States
ISM Nonmanufacturing Index
Nov. 2016: 57.2
After getting off to a slow start this quarter, the nonmanufacturing segment of the U.S. economy bounced back in November.

Australia
Balance of Payments
2016Q3:

Taiwan
Consumer Price Index
Nov. 2016:

Australia
Monetary Policy
Dec. 2016:

» VIEW MORE ECONOMIC INDICATORS

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