| Today's Economy
Economic Roundup: It's a Party, and (Almost) Everyone Is Invited The global economy is firing on many cylinders, with GDP rising 3.6% in the third quarter of 2017. U.S. Household Debt Burdens Are Rising The Federal Reserve again revises debt service and financial obligations data. Fed Rhetoric Turns Hawkish Worries are mounting that the U.S. economy will overheat. Nowhere to Go but Up? The path to higher U.S. long-term rates is becoming a little less bumpy. » VIEW MORE TODAY'S ECONOMY
Commentary
Fed's Policy Framework Options: Nominal GDP Targeting Persistently low inflation raises the odds of a change before the next recession. U.S. Regional Outlook: Strength in the Late Stage No states are in recession, and this year should be a good year nearly all around the country. Brazil Outlook: Second-Year Recovery The economy will accelerate and inflation will stay around target. U.S. Weekly Highlights and Preview, January 12, 2018 All eyes on Washington DC as shutdown looms. » VIEW MORE COMMENTARY
Today's Economic Indicators
World
Moody's Analytics Global GDP
2017Q3: 3.6%
The global economy is firing on many cylinders, and for the first time in nearly 10 years, no major developed economy is in recession. India
Wholesale Price Index
Dec. 2017: 3.6%
Germany
Consumer Price Index
Dec. 2017: 1.7%
Germany's annual national measure of inflation decelerated to 1.7% in December, seasonally adjusted. Italy
Consumer Price Index
Dec. 2017: 1.0%
Inflation in Italy remains subdued. United Kingdom
Consumer Price Index
Dec. 2017: 3%
The U.K. inflation rate slid to 3% in December, from 3.1% in November, in line with our and the consensus expectations. Italy
Foreign Trade
Nov. 2017: €4.8 billion
Italy’s merchandise trade surplus narrowed to €4.8 billion in November from €5 billion in the previous month, but widened from €4 billion a year earlier. Peru
Unemployment
Dec. 2017: 6.5%
The jobless rate in the Lima metropolitan area was largely unchanged in the final three-month period of 2017, and signs of strain linger. United States
NY Empire State Manufacturing Survey
Jan. 2018: 17.7
New York's manufacturers remain in solid shape, according to the January Empire State Manufacturing Survey, but some signs of slower growth are emerging. Canada
New Motor Vehicle Sales
Nov. 2017: -0.9%
The number of new motor vehicles sold declined by 3.6% from October to 161,879 in November, with monthly sales of both new cars and new trucks decreasing. World
Moody's Analytics Survey of Business Confidence
January 12: 35.9
Global businesses are feeling good, likely buoyed in the U.S. by tax cutting. Japan
Machinery Orders
Nov. 2017:
Australia
Housing Finance
Nov. 2017:
Singapore
Foreign Trade
Dec. 2017:
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