| Today's Economy
Grading Our U.S. High-Frequency GDP Model The model was a little too optimistic for Q2 and gets a B-minus. Europe Steams Ahead While Britain Lags France and Spain expanded robustly in the second quarter, contrasting with sluggish figures for the U.K. U.S. Energy Producers Drove First Quarter Growth Mining led contributions in three the fastest-growing states, farming weighed on Plains states. LatAm Weekly: Inflation Takes a Dive Falling inflation has opened space for monetary easing. » VIEW MORE TODAY'S ECONOMY
Commentary
Europe Weekly Highlights and Preview, 28 July, 2017 We are confident that the euro zone economy gained momentum in the three months to June. Macro Roundup: Hello Wages, Japan’s Old Friend A tight labour market is breathing life into wages and allowing household spending to rise. Asia Pacific Weekly Highlights and Preview, 28 July, 2017 Sentiment among Chinese manufacturers has improved; India's central bank is poised to cut rates. Latin America Economic Preview: 31 July - 4 August Industrial production keeps advancing in Argentina and Brazil. » VIEW MORE COMMENTARY
Today's Economic Indicators
France
GDP
2017Q2: 0.5%
Preliminary numbers show that France's economy expanded by 0.5% q/q in the second quarter, the same pace as in the first and in line with Moody’s Analytics forecasts. France
Household Consumption Survey
Jun. 2017: -0.8%
French household consumption was a major disappointment in June, plunging by 0.8% m/m and offsetting most of May’s 1% rise. Russian Federation
House Prices
2017Q2: 0.3%
Russian house prices ticked slightly higher in the second quarter of 2017, reaffirming that the housing market, along with the broader economy, has entered recovery. Taiwan
GDP
2017Q2: 2.1%
Taiwan's economy decelerated in the second quarter, with business investment, manufacturing and exports in particular showing weakness. Euro Zone
Business and Consumer Sentiment
Jul. 2017: 111.2
The euro zone's economic confidence indicator climbed to 111.2 in July from 111.1 in the previous month. Russian Federation
Monetary Policy
Jul. 2017: 9.00%
The Russian Central Bank held its key policy rate at 9% after its July meeting. Brazil
Employment Situation
Jun. 2017: 13.0%
Brazil’s unemployment adjusted down a little more in June, while the economy shows signs of incipient recovery. Canada
Industry Output
May. 2017: 0.6%
Canadian GDP rose by an impressive 0.6% in May following April’s weaker 0.2% gain. United States
GDP
2017Q2: 2.6%
U.S. United States
Employment Cost Index
2017Q2: 0.5%
The Employment Cost Index signals a labor market that is healing but still has room to improve. Chile
Manufacturing Production
Jun. 2017: 0.88%
The national manufactures advanced a little in June, after the negative shocks in the past months. United States
University of Michigan Consumer Sentiment Survey
Jul. 2017: 93.4
Consumer sentiment dropped 1.7 points in the final July report from the University of Michigan, recovering slightly from the preliminary monthly report. United States
ECRI Weekly Leading Index
July 21: 144.2
The U.S. expansion will continue over the coming quarters, however, gains will moderate as the expansion matures. » VIEW MORE ECONOMIC INDICATORS | 