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.

Thursday, December 07, 2017

Today's Economy


Final Thoughts Ahead of November U.S. Employment

We look for a 225,000 gain in jobs and a small drop in the unemployment rate.

Domestic Demand Powers Euro Zone Growth

Lingering labour slack is holding back household consumption in the periphery.

Mexico’s Inflation Challenges the Central Bank

Prices keep readjusting up given the accumulated lags.

A Sign That U.S. Inflation Is Set to Pick Up

New York Fed's underlying inflation measure is perking up.

» VIEW MORE TODAY'S ECONOMY



Commentary


Latin America Economic Preview: 11-15 December

Monetary pause to close the year in Chile, Colombia, Mexico and Peru

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.

» VIEW MORE COMMENTARY



Today's Economic Indicators


France
Foreign Trade
Oct. 2017: -€ 5.0 bil
France’s trade deficit increased to €5 billion in October. Imports recorded another strong month and gained 1.1%, building on a downwardly revised 1.1% in September.

Germany
Industrial Production
Oct. 2017: -1.4%
German industrial production retreated unexpectedly in October, dropping for a second consecutive month.

Euro Zone
GDP
2017Q3: 0.6%
The euro zone's real GDP expanded by 0.6% q/q in the third quarter, in line with preliminary estimates, and down from 0.7% in the second stanza.

Chile
Consumer Price Index
Nov. 2017: 1.9%
Chile’s inflation remains below target but shows an upward trend.

Chile
Foreign Trade
Nov. 2017: US$512.0 mil
Chile’s trade surplus narrowed to $512 million in November from $583 million in the prior month.

United States
Challenger Report
Nov. 2017: 35,038
The Challenger report provides further confirmation of a healthy labor market.

United States
Jobless Claims
December 02: 236,000
The labor market engine is running smoothly.

Canada
Building Permits
Oct. 2017: 3.5%
The Canadian housing market rose for a second month in October.

Mexico
Consumer Price Index
Nov. 2017: 6.63%
Annual inflation rebounded in November after a few months of decline.

United States
St. Louis Fed Financial Stress Index
December 01: -1.58
Financial stress conditions increased off their all-time low, rising to -1.58.

United States
Quarterly Services Survey
2017Q3:
The Quarterly Services Survey bodes well for revisions to third-quarter consumer spending.

Canada
Purchasing Managers' Index
Nov. 2017: 63.0
The seasonally adjusted Ivey Purchasing Managers' Index hit 63 in November, slightly down from October’s 63.8.

United States
Natural Gas Storage Report
December 01: 2 bil cubic feet
An unexpected increase in natural gas inventories will put downward pressure on prices.

China
Foreign Trade
Nov. 2017:

United States
Financial Accounts - Households
2017Q3: $96.94 tril
Household wealth grew strongly in the third quarter and continues to support consumer spending.

United States
Financial Accounts - Nonfinancial Corporate
2017Q3: $23.60 tril
Nonfinancial corporate business balance sheets improved in the third quarter.

United States
Consumer Credit (G19)
Oct. 2017: $20.5 bil
Headline consumer credit beat expectations for the second consecutive month.

Japan
GDP
2017Q3:

Australia
Housing Finance
Oct. 2017:

» VIEW MORE ECONOMIC INDICATORS

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