| Today's Economy
Economic Roundup: Bursting at the Seams Mandatory programs push U.S. deficits higher. U.S. Fiscal Stimulus Shifts to State and Local Spending Real growth in federal outlays has actually been slowing. Europe Daily Briefing: U.K. Leadership Race Kicks Into High Gear Boris Johnson officially launched his campaign for leadership of the Conservative Party. LatAm Gets Trade War Shakes Behind trade winds, storm clouds gather. » VIEW MORE TODAY'S ECONOMY
Commentary
Global Outlook: Feeling the Weight Expansion is slowing amid rising downside risks. U.S. Chartbook: Feeling Some Jitters The labor market is in good shape, but manufacturing is on edge. Debt Ceiling Tracker: Back to Square One The April tax windfall was only a fleeting relief for the Treasury under the debt limit. U.S. Weekly Highlights and Preview, June 7, 2019 Key data ahead include retail sales, industrial production and consumer prices. » VIEW MORE COMMENTARY
Today's Economic Indicators
Spain
Consumer Price Index
May. 2019: 0.8%
Spain’s consumer price index increased 0.8% in May on a year-ago basis, down from the previous month's 1.5% increase. Brazil
Retail Sales Index
Apr. 2019: 1.7%
Retail consumption in Brazil recovered in annual terms in April, benefiting from the Easter celebration. United States
MBA Mortgage Applications Survey
June 07: 26.8%
The increasing odds of a Federal Reserve rate cut in the coming months triggered another wave of mortgage refinancing, pushing the top-line index up 26.8%. India
Consumer Price Index
May. 2019: 3.0%
India
Industrial Production
Apr. 2019:
United States
Consumer Price Index
May. 2019: 0.1%
U.S. inflation remains soft, keeping an interest rate hike firmly off the table for the Federal Reserve. United States
Oil Inventories
June 07: 485.5 mil barrels
A larger than expected build in crude oil inventories will put downward pressure on oil prices. China
Monetary Aggregates
May. 2019:
United States
Treasury Budget
May. 2019: -$207.8 bil
The federal government has incurred a cumulative budget deficit of $738.6 billion in the first eight months of fiscal 2019, compared with $532.2 billion over the same period last fiscal year. United States
CreditForecast.com Household Credit Report
May. 2019: 3.98%
Household borrowing balances in the United States bumped up in May by 0.02%, or around $2.6 billion. Australia
Employment Situation
May. 2019:
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