Today's Economy Happy Holiday Our U.S. offices will be closed Wednesday for Juneteenth. Economic Roundup: Big Day for Data A flurry of economic data in the U.S. will contribute positively to growth in the second quarter. U.S. High-Frequency GDP Update Real GDP is growing at an annualized 1.4% in the second quarter. LatAm Daily Briefing: U.S. Election Will Have a Measurable Impact Regardless of who wins, expect changes in the regional outlook. » VIEW MORE TODAY'S ECONOMY
Commentary Euro Zone Risk Matrix: Trade Tensions Back in View China may retaliate with tariffs of its own. U.S. Risk Matrix: Isolationism and Its Costs Increased tensions between the U.S. and China, through tariffs and financial sanctions, will boost prices. U.S. Chartbook: The Fight Goes On The Federal Reserve needs more evidence that inflation is moving in the right direction before cutting interest rates. Lots of Red Flags, but No Action What has caused several tried-and-true U.S. recession indicators to throw false positives? » VIEW MORE COMMENTARY
Today's Economic Indicators
Australia Monetary Policy Jun. 2024: 4.35% At its June meeting, the Reserve Bank of Australia again held the cash rate steady at 4.35%. Austria Consumer Price Index May. 2024: 3.4% y/y Austria's CPI came in at 3.4% year over year in May, a 0.1-percentage point fall from April. Euro Zone Consumer Price Index May. 2024: 2.6% y/y The euro zone’s HICP inflation rate was confirmed at 2.6% year over year in May, up from 2.4% in April. Portugal Consumer Price Index May. 2024: 3.1% Inflation surged to 3.1% in May, the highest since September. United States Retail Sales May. 2024: 0.1%, m/m Retail sales perked back up slightly in May, despite falling gasoline prices, following a weak April. United States Industrial Production May. 2024: 0.9% m/m U.S. industrial production rose sharply in May, exceeding expectations. United States Business Inventories (MTIS) Apr. 2024: 0.3% m/m Business inventories rose 0.3% in April, right on par with consensus and besting the previous month's reading of a 0.1% decline. United States State and Local Government Tax Revenue 2024Q1: 1.9% y/y State tax revenues saw a milder gain on a year-ago basis in the first quarter compared with the previous quarter’s increase. United States Treasury International Capital Flows Apr. 2024: $123.1 bil Chile Monetary Policy Jun. 2024: Japan Foreign Trade May. 2024: » VIEW MORE ECONOMIC INDICATORS |