| Today's Economy
Economic Roundup: U.S. Trade Deficit Narrows; German IP Tanks We are not putting too much stock in the drop in German industrial production. U.K. Retail Spending Is Slowing Leading data show that consumers lost much of their appetite for shopping amid skyrocketing retail prices. December U.S. Trade Deficit Comes In a Touch Better Than Expected Fourth quarter GDP is still tracking 2%; Q1 is coming in lighter. Economic Briefing: Aussie Central Bank Sitting Pretty German industrial production likely grew 0.2% m/m in December, the euro is buoying demand. » VIEW MORE TODAY'S ECONOMY
Commentary
Germany Outlook: Political Uncertainty May Overshadow Economy Tailwinds supporting growth over the last few years will likely subside. U.S. Chartbook: Less Pressure on the Fed There is room for improvement on the supply-side of the economy. U.S. Weekly Highlights and Preview, February 4, 2017 Expect calm after a flurry of economic data. Webinar Replay: 2017 U.S. Economic Outlook We also answer your questions following the webinar. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States
CoreLogic Home Price Index
Dec. 2016: 7.2%
The CoreLogic Home Price Index increased 7.2% on a year-over-year basis in December, the fastest yearly growth rate since March 2014. Taiwan
Foreign Trade
Jan. 2017: US$3,495 mil
Taiwanese exporters ended 2016 on a solid note. France
Foreign Trade
Dec. 2016: -€ 3.4 bil
France's exports continued to expand sharply, while import growth slowed. United Kingdom
Halifax Housing Price Index
Jan. 2017: 5.7%
The U.K. Germany
Industrial Production
Dec. 2016: -3%
German industrial production unexpectedly slumped in December, decreasing by 3% m/m following a 0.5% rise in November. Chile
Foreign Trade
Jan. 2017: US$719.9 mil
Chile’s trade balance started 2017 on a fairly strong note. Canada
International Merchandise Trade
Dec. 2016: C$ 0.92 bil
For the second month in a row, and just the second time in more than two years, Canada's trade balance was in surplus. Canada
Building Permits
Dec. 2016: -6.6%
The Canadian housing market is showing some signs of weakness. United States
International Trade (FT900)
Dec. 2016: -$44.3 bil
The U.S. trade balance ended 2016 on a soft note. Russian Federation
Consumer Price Index
Jan. 2017: 0.6%
Although inflation in Russia posted a stronger monthly increase in January, annual inflation extended the downward trend as prices started to gradually stabilize after the inflation episode prompted by the devaluation of the ruble. Canada
Purchasing Managers' Index
Jan. 2017: 57.2
The seasonally adjusted Ivey Purchasing Managers' Index fell to 57.2 in January from 60.8 in December. United States
Job Openings and Labor Turnover Survey
Dec. 2016: 3.6% openings rate
The December JOLTS report indicates that the labor market remained steady at the end of 2016. United States
Moody’s Analytics Policy Uncertainty Index
February 03: 71.2
U.S. economic policy uncertainty remains high but is headed in the right direction. United States
Consumer Credit (G19)
Dec. 2016: $14.2 bil
Headline consumer credit grew only hesitantly in December. Taiwan
Consumer Price Index
Jan. 2017:
Malaysia
Foreign Trade
Dec. 2016:
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