Today's Economy Economic Roundup: Slower Trend in U.S. Employment Growth Will Likely Stick Adding over 200,000 jobs a month is history as the economy nears full employment. LatAm Weekly: Cracks in Mercosur Brazil and Argentina's newfound alignment may not overcome Venezuelan intransigence. Canada Weekly: Oil Exports Looking Up Crude prices and the uncertainty in Europe will be the big stories for Canadian trade moving forward. Tale of Two U.S. Employment Surveys On net the June employment data is likely soothing to the Fed. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Weekly Highlights and Preview, July 8, 2016 The economy nears full employment but the Fed's still content to sit tight. Europe Economic Highlights and Preview, 8 July 2016 Even aside from U.K. referendum effects, Europe data disappoints. A Sustainable Europe Needs More People Emigration and low fertility rates threaten Central and Eastern Europe especially. Macro Roundup: Australia’s Economic Outlook Remains Upbeat The RBA stays on hold for now, but highlights the weak inflation outlook. » VIEW MORE COMMENTARY
Today's Economic Indicators
France Industrial Production May. 2016: -0.5% Industrial production in France fell 0.5% m/m seasonally adjusted in May after a 1.2% increase in the previous month. Taiwan Foreign Trade Jun. 2016: US$3,580 mil Taiwan’s exports ended the first half of 2016 on a soft note. United Kingdom Foreign Trade May. 2016: -£9.9 bil The U.K. trade balance for goods was in deficit by £9.9 billion in May, widening slightly from a downwardly revised £9.4 billion shortfall in the previous month. Brazil Consumer Price Index Jun. 2016: 8.84% Brazil’s inflation continues to fall, although it remains well above the 6.5% upper limit. Chile Consumer Price Index Jun. 2016: 4.21% Chile’s inflation is adjusting down gradually, although it remains above the target’s upper limit. Canada Labor Force Survey Jun. 2016: 6.8% Canada's unemployment rate fell to 6.8% in June, as employment remained flat, but labor force participation slipped further. United States Employment Situation Jun. 2016: 287,000 The June employment report may temporarily allay concerns of a slowdown in the labor market. United States ECRI Future Inflation Gauge Jun. 2016: 111.4 (U.S.) The ECRI future inflation gauge ticked up again as prices solidified their recent increase. United States ECRI Weekly Leading Index July 01: 136.7 Consumer and investor sentiment ticked higher in the week ended July 1, pushing the ECRI Weekly Leading Index up 0.4 point to 136.7. United States California Manufacturing Survey 2016Q3: 59.3 The California Composite Index, measuring overall manufacturing activity, increased from 58.3 in the second quarter to 59.3 in the third quarter of 2016. United States Consumer Credit (G19) May. 2016: $18.6 bil Headline consumer credit posted no surprises in May. » VIEW MORE ECONOMIC INDICATORS |