Today's Economy Economic Roundup: No Surprises in U.S. Core Inflation The Federal Reserve remains on track to raise interest rates in March. Venezuela Moves Up Presidential Election Maduro likely will be re-elected, eliminating any hope of a much-needed shift in economic policy. U.S. Core Inflation Could Get a Little Choppy Residual seasonality and base effects may cause issues. Economic Briefing: Trade Tensions Simmer The elephant in the room at Davos was angst between the world’s first and second largest economies. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Chartbook: Exceeding Potential With the output gap in positive territory, we expect further declines in the unemployment rate. U.S. Weekly Highlights and Preview, January 26, 2018 Our preliminary forecast is for nonfarm payrolls to have risen by 205,000 jobs in January. Europe Weekly Highlights and Preview, 26 January, 2018 Euro zone momentum sparks optimism. U.S. Economy Keeps Humming Along The composition of growth in Q4 sets up well for the first half of this year. » VIEW MORE COMMENTARY
Today's Economic Indicators
Spain Retail Sales Dec. 2017: -0.6% Retail sales unexpectedly lost ground in December. United Kingdom Consumer Confidence Jan. 2018: United States Black Knight Home Price Index Nov. 2017: 6.4% House prices rose 6.4% on a year-ago basis in November, according to the Black Knight Home Price Index. United States Personal Income Dec. 2017: 0.4% Nominal personal income growth accelerated to 0.4% in December from an unrevised 0.3% gain in November, beating our forecast for a 0.3% increase. United States PCE Deflator Dec. 2017: 0.1% The December PCE deflator didn’t bring any surprises and keeps the Federal Reserve on track to raise interest rates in March. United States Personal Spending Dec. 2017: 0.3% Consumer spending growth moderated in December but remains strong. World Moody's Analytics Survey of Business Confidence January 26: 35.0 Global businesses are feeling good. United States Texas Manufacturing Outlook Survey Jan. 2018: 33.4 Survey respondents continue to report rapidly growing factory activity in January. Colombia Monetary Policy Jan. 2018: 4.50% Colombia’s central bank board decided to cut the reference interest rate by an additional 25 basis points at today’s policy meeting. New Zealand Foreign Trade Dec. 2017: NZ$640 mil Japan Household Expenditures Survey Dec. 2017: Japan Employment Situation Dec. 2017: Japan Retail Sales Dec. 2017: » VIEW MORE ECONOMIC INDICATORS |