| Today's Economy
Credit Market View: Monthly Global Default Count Drops After April Spike Corporate defaults decreased by half in May, while the default rate fell below 5% for the first time this year. Economic Roundup: Stuck in Neutral The latest ISM Manufacturing Survey ticked down again in June. A Fractured France The far-right came out on top in the first round, but a runoff victory is uncertain, and questions remain for the future of the economy. Canada Weekly: Agricultural Trade Surplus A look at agriculture's contribution to Canada's growing customs trade surplus with the U.S. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Housing Outlook: The Midyear Assessment The market will continue to face considerable challenges in the second half of the year due to high rates and low affordability. Europe Chartbook: June's Industrial Gloom Sentiment among factories fell, but tourism still looks promising. Vietnam on Track to Hit Growth Target in 2024 Second-quarter growth beat expectations, but downside risks persist. Latin America Weekly Highlights and Preview, June 28, 2024 Unemployment stabilizes in Mexico and continues declining in Brazil. » VIEW MORE COMMENTARY
Today's Economic Indicators
Indonesia
Consumer Price Index
Jun. 2024: 2.5% y/y
Cooling food inflation allowed Indonesia’s headline inflation to drop to 2.5% y/y in June from 2.8% in May. Chile
Monthly Economic Activity Indicator
May. 2024: 1.1% y/y
Chile's economic activity progressed in May, bolstered by the industrial recovery and a domestic market benefiting from a cycle of monetary easing. United States
Construction Spending (C30)
May. 2024: -0.1% m/m
In May, construction spending in the U.S. was estimated at a seasonally adjusted annualized rate of $2.14 trillion. World
Moody's Analytics Survey of Business Confidence
June 28: 17.4
Global business sentiment continues to improve. United States
ISM Manufacturing Index
Jun. 2024: 48.5
As expected, U.S. manufacturing contracted again in June. Peru
Consumer Price Index
Jun. 2024: 2.3% y/y
Inflation in Peru is pushing lower, but the core consumer price index—which provides a closer look at underlying price pressures—is still a touch too hot. South Korea
Consumer Price Index
Jun. 2024:
» VIEW MORE ECONOMIC INDICATORS | 
