| Today's Economy
Economic Roundup: A December Dud Existing-home sales dropped sharply, but temporary factors were at play. Venezuela Gold Boosts Export Revenues The trade balance improved in 2018, but that could prove temporary. Europe Daily Briefing: U.K. Labour Market Is on a Roll We don't expect employment or wage growth to pick up the pace in 2019. U.S. Economic Data Affected by Partial Government Shutdown for 1/22/19 No indicators due this day are delayed. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Chartbook: Shutdown Will Sting The costs of the partial government shutdown appear to be spreading. U.S. Housing Outlook: The Job Market Effect Slow house price appreciation hampers job growth in many professions. U.S. Weekly Highlights and Preview, January 18, 2019 December may have been an ugly month for existing-home sales. Latin America Economic Preview: 21-25 January Argentina's economy continues to contract while Mexico's loses steam. » VIEW MORE COMMENTARY
Today's Economic Indicators
United Kingdom
Unemployment
Dec. 2018: 4%
The U.K.'s jobless rate dipped to 4% in the November quarter, from 4.1% previously, beating the consensus for a steady reading. Canada
Survey of Manufacturing
Nov. 2018: -1.4%
Manufacturing sales retreated for the second month in a row in November. Canada
Wholesale Trade
Nov. 2018: -1.0%
Wholesale trade declined in November, reflecting losses across a broad collection of industries. Mexico
Employment Situation
Dec. 2018: 3.35% Unemployment
As expected, unemployment increased in December, because of government job cuts at the beginning of the new administration. World
Moody's Analytics Survey of Business Confidence
January 18: 19.8
Global businesses have turned much less upbeat at the start of 2019. United States
Existing-Home Sales
Dec. 2018: 4.99 mil
Existing-home sales took a tumble in December. United States
Moody’s Analytics Policy Uncertainty Index
January 18: 100.9
The four-week moving average in our U.S. policy uncertainty index came in at 100.9 for the week ended January 18. New Zealand
Consumer Price Index
2018Q4: 0.1%
New Zealand's CPI growth softened to 0.1% q/q in the December quarter, following the third quarter's 0.9%. Japan
Foreign Trade
Dec. 2018:
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