| Today's Economy
Economic Roundup: Ignore Monthly Swings in U.S. New-Home Sales The trend remains decent, and a peak has yet to be reached. U.S. New-Home Sales Hit a Soft Patch A peak would be telling, but it hasn't come, yet. Europe Daily Briefing: German Growth Is Slowing but Not Stalling Carmakers have a lot to lose if the U.S. follows through with its tariff threats. Trump Offers Protection From His Own Trade Protectionism Retaliatory sanctions on U.S. agricultural products are destabilizing areas already weighed down by low commodity prices. » VIEW MORE TODAY'S ECONOMY
Commentary
Previewing the U.S. GDP Benchmark Revisions The BEA is taking aim at residual seasonality. U.S. Federal Outlook: Tick Tock Goes the Social Security Clock Social Security will run out of money in 2034, but Congress can prevent this. Can Mexico’s New Government Deliver Higher Growth? Low capacity will still limit the economy’s potential. U.S. Employment Outlook: Job Engine Keeps Humming The share of the population with jobs trends higher. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States
MBA Mortgage Applications Survey
July 20: -0.2%
Mortgage applications fell marginally last week, while interest rates were mixed. Mexico
Retail & Wholesale Sales
May. 2018: 2.5%
Sales in retail stores moderated in May as the economy lost some speed. United States
Business Employment Dynamics
2017Q4: 7.8 mil
Last year ended with a bang for the labor market, according to a new universal count of job gains and losses. United States
New-Home Sales
Jun. 2018: 631,000
As with existing-home sales, new-home sales dipped in June, falling 5.3% from the revised May total, though they are still 2.4% above their June 2017 pace. United States
Oil Inventories
July 20: 404.9 mil barrels
A larger than expected drop in oil inventories will put upward pressure on oil prices. France
Job Seekers
Jun. 2018: 3.44 mil
The number of French job seekers held relatively steady at 3.44 million in June after ticking up slightly in May. South Korea
GDP
2018Q2:
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