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.

Friday, January 27, 2017

Today's Economy


Economic Roundup: U.S. Capital Spending Begins Digging Itself Out

Fourth quarter GDP growth was softer than anticipated, but there were encouraging details.

Finland Consumer Confidence Hits Six-Year High

Sentiment has been rising roughly in step with jobs and output.

U.S.-Mexico Trade Talks Are at Risk

The border wall dispute is fraying the relationship between the two neighbors.

What Is Traded Between the U.S. and Mexico?

A tariff will likely leave both economies worse off.

» VIEW MORE TODAY'S ECONOMY



Commentary


Europe Weekly Highlights and Preview, 27 January, 2017

Preliminary Q4 GDP results will show the euro zone finished 2016 on a strong note.

Macro Roundup: Oceania Inflation Heats Up

Central banks in Australia and New Zealand have shifted to a neutral bias.

Macro Roundup: U.K.’s Solid 2016 Performance Shouldn’t Last

Household spending almost singlehandedly drove growth, but stagnating real wages will bring this to a halt.

Latin America Economic Preview: 30 January - 3 February

Chile remains weak, and Brazil's recession hit bottom.

» VIEW MORE COMMENTARY



Today's Economic Indicators


France
Consumer Confidence
Jan. 2017: 100
France's consumer confidence reached its long-term average of 100 in January, ticking up 1 point from November and in line with the Moody's Analytics forecast.

Spain
Retail Sales
Dec. 2016: 0.1%
Spain's retail trade, not seasonally adjusted, added 0.9% y/y in the final month of 2016 after a 4% rise in November.

Italy
Consumer and Business Confidence
Jan. 2017: 102.5
Italy’s business confidence has held up relatively well despite elevated political uncertainty.

Euro Zone
Monetary Aggregates
Dec. 2016: 5%
The seasonally adjusted annual growth of the euro zone’s M3 money supply rose to 5% y/y in December after a 4.8% increase in the previous month and was somewhat above the Moody's Analytics forecast.

United States
Black Knight Home Price Index
Nov. 2016:

United States
GDP
2016Q4: 1.9%
U.S.

United States
Durable Goods (Advance)
Dec. 2016: -0.4%
New orders for durable manufactured goods disappointed, falling 0.4%, a poorer showing than the consensus forecast for a 2.6% increase.

Euro Zone
Conference Board Leading Indicators
Dec. 2016: 107.8
The Conference Board Leading Economic Index for the euro zone rose 0.7% m/m to 107.8 in December.

United States
University of Michigan Consumer Sentiment Survey
Jan. 2017: 98.5
The University of Michigan Consumer Sentiment index rose 0.3 point over last month in the final January report, increasing to 98.5, its highest level since January 2004.

United States
ECRI Weekly Leading Index
January 20: 145.1
The U.S. economy will expand in the near term. The ECRI weekly leading index increased to 145.1 in the week ending January 20.

» VIEW MORE ECONOMIC INDICATORS

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