Today's Economy Q4 U.S. GDP Growth Heading South Trade is set to be a sizable drag on growth this quarter. Euro Zone's Retail Not All Gloomy Sales plunged at the start of the quarter, but November and December should bring better news. PMI Confirms There Is No Stopping the Euro Zone Now By contrast, things aren’t going that well in the U.K. Economic Briefing: Australia's Disappointing Q3 Australia's GDP growth likely rose 0.1% q/q in Q3, according to all the partial indicators. » VIEW MORE TODAY'S ECONOMY
Commentary Canada Outlook: Normalcy Looms Ahead After a year of robust growth, the economy is poised to deliver a slower, though still solid, performance. U.S. Chartbook: Entering the Homestretch Home sales and construction spending beat expectations, while revisions move the dial on GDP and inflation only minimally. China Outlook: Shadow Monetary Tightening Ends The economy is likely to grow well in 2018; government intervention remains constant. Latvia Outlook: Robust but Volatile Growth The Baltic economy will gain steam this year and next. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States CoreLogic Home Price Index Oct. 2017: 7.0% For the second month in a row, the CoreLogic Home Price Index rose 7% year over year in October. United States Moody's CMBS Delinquency Tracker Oct. 2017: 6.34% The Moody’s Delinquency Tracker total delinquency rate dropped 22 basis points to 6.34% in October. Taiwan Consumer Price Index Nov. 2017: 0.3% Consumer prices in Taiwan edged up 0.3% y/y in November, after a 0.3% fall in the prior month. Spain Industrial Production Oct. 2017: 0.6% Spain’s industrial production rose 0.6% m/m in October, posting a stronger-than-forecast rebound against the backdrop of a recovery in the energy segment. Euro Zone Retail Sales Oct. 2017: -1.1% Retail sales in the euro zone fell by a sharp 1.1% m/m in October, fully reversing September’s upwardly revised 0.8% increase. Chile Monthly Economic Activity Indicator Oct. 2017: 2.9% Economic activity rebounded in October propelled by significant industrial growth. Brazil Industrial Production Oct. 2017: 4.8% Brazil’s industry advanced in October, strengthening the recovery. Canada International Merchandise Trade Oct. 2017: -C$ 1.47 bil Canada's trade deficit was cut by more than half thanks to rising exports and falling imports. United States International Trade (FT900) Oct. 2017: -$48.7 bil The U.S. trade deficit widened more than expected in October, increasing to $48.7 billion from a revised $44.9 billion in the prior month. United States ISM Nonmanufacturing Index Nov. 2017: 57.4 The nonmanufacturing segment of the U.S. economy softened in November, but it doesn’t raise any immediate concerns. United States Moody’s Analytics Policy Uncertainty Index December 01: 88.9 The four-week moving average in our U.S. policy uncertainty index has increased over the past several weeks, which isn’t surprising given the dynamics in Washington DC. Uruguay Consumer Price Index Nov. 2017: 6.3% Consumer prices took a modest step forward in November. Colombia Consumer Price Index Nov. 2017: Australia GDP 2017Q3: Malaysia Foreign Trade Oct. 2017: » VIEW MORE ECONOMIC INDICATORS |