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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.

Tuesday, December 06, 2022

Today's Economy


Economic Roundup: U.S. Trade Deficit Widens

The strong dollar will weigh down on export demand.

The World Cup and U.S. Trade Deficit

The prestigious event doesn’t boost the U.S. trade deficit as much as the Olympics.

No Europe Daily Briefing on Tuesday LatAm Daily Briefing: Colombia’s Challenging Energy Transition

An aggressive plan to eliminate fossil fuels carries substantial economic risks.

» VIEW MORE TODAY'S ECONOMY



Commentary


Jobs Report Did Little to Alter Expectations for FOMC

The Fed will likely hike rates by 50 basis points despite the stronger-than-expected jobs report.

U.S. Chartbook: Mixed Signals

Payroll gains surprised on the upside in November, but the household survey sang a different tune.

This Week in Housing

Declines in U.S. house prices moderate but weakness in pending sales points to further declines.

U.S. Weekly Highlights and Preview, December 2, 2022

Consumer sentiment is set to improve.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Taiwan (China)
Consumer Price Index
Nov. 2022: 2.4% y/y
In November, Taiwan's headline consumer price index rose 2.4% year on year.

United States
International Trade (FT900)
Oct. 2022: -$78.2 bil
The deficit on goods and services widened to 78.2 billion in October, up $4 billion from an upwardly revised $74.1 billion.

Canada
International Merchandise Trade
Oct. 2022: C$ 1.21 bil
Canada's merchandise exports rose by 1.5% in October, while imports pushed higher by 0.6%.

United States
Moody's Analytics Used Vehicle Price Indexes
Nov. 2022: -11.6% y/y
Weakness was once again omnipresent in U.S. used-vehicle prices in November.

Canada
Purchasing Managers' Index
Nov. 2022: 51.4
The Ivey Purchasing Managers' Index pushed higher to 51.4 in November from 50.1 in October, still hanging above the cutoff point of 50 that demarcates expansion and contraction territory.

United States
CoreLogic Home Price Index
Oct. 2022: 10.1% y/y
The U.S. housing market is crumbling under the weight of higher mortgage rates and low affordability.

Chile
Monetary Policy
Dec. 2022: 11.25%
Chile’s central bank announced a monetary pause in December after a rate hike previously.

Australia
GDP
2022Q3:

China
Foreign Trade
Nov. 2022:

Philippines
Industrial Production
Oct. 2022:

» VIEW MORE ECONOMIC INDICATORS

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