Today's Economy Economic Roundup: Mild in May The 0.1% rise in the headline figure aligned with the Moody’s Analytics forecast but was weaker than consensus expectations of a 0.2% rise. European Daily Briefing: Slowing Wages, Summer Travel Still On Negotiated wage growth to ease; foreign plans to travel ease but remain strong. Asia-Pacific Daily Briefing: China, U.S. Salvage a Fragile Truce The common ground for both sides seems to be some place back from the edge. Economic Roundup: Main Street Malaise Lifts, Slightly Small-business sentiment improved, but tariff stress is still mounting. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Household Debt Tracker: Getting Stressed The delinquency rate on first mortgages jumped 15 basis points in May to 2.13%, the highest since September 2018. Could U.S. Consumers Weather a Storm? Maybe, kinda, sorta, a little better than some past storms. Waiting for BoJ Governor Ueda’s Powell Moment The BoJ will stand pat next week, but Ueda is quietly setting the stage for tightening. U.S. Chartbook: A Cool Cool Summer A bevy of indicators paint a more subdued picture of the U.S. labor market. » VIEW MORE COMMENTARY
Today's Economic Indicators
Malaysia Industrial Production Apr. 2025: 2.7% y/y Malaysia's industrial production grew 2.7% y/y in April, easing back from March’s 3.2% jump. United States MBA Mortgage Applications Survey June 06: 12.5% The Mortgage Bankers Association's composite index of mortgage applications surged 12.5% in the week ended June 6, breaking a three-week streak of declining activity and bringing volumes back to month-ago levels. Mexico Industrial Production Apr. 2025: -4.0% y/y Mexico’s industry reported an annual contraction in April as production was affected by the Easter celebration, which subtracted a few working days from the month. Canada Building Permits Apr. 2025: -6.6% m/m Canada's total building permit value fell for a second straight month in April, down 6.6% to $11.7 billion. United States Consumer Price Index May. 2025: 0.1% m/m In line with our below-consensus call, the U.S. consumer price index rose a mild 0.1% in May. United States Oil Inventories June 06: 432.4 mil barrels Commercial crude oil inventories dropped by 3.6 million barrels in the week ended June 6, compared with market expectations of a 2.4 million-barrel draw. United States Cox Automotive/Moody’s Analytics Vehicle Affordability Index May. 2025: Russian Federation Consumer Price Index May. 2025: 9.9% y/y United States Treasury Budget May. 2025: -$316.0 bil The U.S. federal government recorded a budget deficit of $316 billion in May, $31.13 billion smaller than in the same month last year. » VIEW MORE ECONOMIC INDICATORS |