Today's Economy Economic Roundup: U.S. Consumer Didn't Slow Down in June Retail sales were surprisingly strong while worse has passed for manufacturing. Canada Weekly: Navigating Through the Chop The economy stalled in the second quarter and risks have risen, but growth will soon accelerate. Second Quarter U.S. Growth Flirts With 3% Consumer spending was likely as good as it gets. LatAm Weekly: A Long Pause With inflation easing, bank chiefs in Chile and Peru hold their fire, for now. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Weekly Highlights and Preview, July 15, 2016 Economy has bounced back, but with an asterisk. Europe Weekly Highlights and Preview, 15 July, 2016 The euro zone economy probably downshifted in July on worries about the British exit. Macro Roundup: Inflation Crimps India’s Easing Bias Price increases will limit the central bank’s ability to cut rates further in 2016. U.K. Outlook: Brave New Post-Exit World In our view, Britain stands to lose under any scenario. » VIEW MORE COMMENTARY
Today's Economic Indicators
Peru Unemployment Jun. 2016: 7.0% The unemployment rate in the Lima metropolitan area punched in at 7% for the three months ending in June, nearly unchanged from the three-month moving average in May. Canada Brookfield RPS House Price Index Jun. 2016: Indonesia Foreign Trade Jun. 2016: US$0.90 bil Indonesia's international trade remains weak, as both exports and imports continue to fall. India Foreign Trade Jun. 2016: -US$8.1 bil Italy Foreign Trade May. 2016: €5.0 billion Italy’s merchandise trade surplus widened to €5 billion in May from €4.1 billion a year earlier and from €4.5 billion a month ago. Euro Zone Consumer Price Index Jun. 2016: 0.1% Annual harmonized inflation rose 0.1% in June from a year earlier, reversing the 0.1% drop in the previous month. Euro Zone External Trade May. 2016: €24.6 bil The euro zone’s external trade surplus expanded in May to €24.6 billion, not seasonally adjusted, from €18.3 billion in May 2015, as imports fell while exports expanded. Canada Survey of Manufacturing May. 2016: -1.0% Manufacturing sales declined 1% in May, the third decrease in five months. Russian Federation Industrial Production Jun. 2016: 1.7% Russia's industrial output reading in June was the third consecutive annual increase, at 1.7%. United States Consumer Price Index Jun. 2016: 0.2% U.S. inflation edged higher in June, but we have turned a little less optimistic about its progress toward the Fed’s target in the second half of the year. United States NY Empire State Manufacturing Survey Jul. 2016: 0.6 While sentiment among New York manufacturers retreated from its prior month reading, according to the most recent Empire State Manufacturing Survey, the July figure remains slightly above the neutral threshold. United States Retail Sales Jun. 2016: 0.6% Retail sales again surprised with a strong reading in June, suggesting consumer spending growth may be gaining momentum. United States Industrial Production Jun. 2016: 0.6% Industrial production gained 0.6% in June, a stronger showing than the consensus but in line with our expectations. United States Business Inventories (MTIS) May. 2016: 0.2% Business inventories increased 0.2% in May, matching the consensus expectation. United States University of Michigan Consumer Sentiment Survey Jul. 2016: 89.5 Consumer sentiment fell sharply in the preliminary July report, losing 4 points and falling to 89.5, a three-month low. United States ECRI Weekly Leading Index July 08: 137.0 With uncertainty lessening along with fears of recession, the ECRI weekly leading index has ticked higher again this week, increasing .3 point to 137.0 in the week ended July 8. Colombia Industrial Production May. 2016: 4.5% Industrial production grew less briskly in May. » VIEW MORE ECONOMIC INDICATORS |