Today's Economy Economic Roundup: A Bumpy Ride for the U.S. Economy in Q1 First-quarter GDP likely won't impress but we have seen this before. December U.S. Retail Sales Are Now Even More Puzzling Retail sales rose 0.2% in January, but December was revised to show an even larger decline. Canada Weekly: Manufacturing Jobs Not Doing Great Services now produce most of the country's economic growth. Europe Daily Briefing: Busy Start to a Tense Week We expect a series of votes this week that will shape how Brexit plays out. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Chartbook: Economy Hits a Big Bump A trifecta of factors will cause GDP growth to be soft this quarter. Global Outlook: Weaker Growth, Pervasive Downside Risks Elevated geopolitical risks threaten to accelerate the slowdown in global demand. U.K. Chartbook: Has Brexit Sunk the Economy? The uncertainty is lasting for too long and is taking a toll on growth. U.S. Weekly Highlights and Preview, March 8, 2019 The Fed is comfortable sitting on the sidelines. » VIEW MORE COMMENTARY
Today's Economic Indicators
Spain Retail Sales Jan. 2019: 0.3% In line with our forecast, Spanish retail bounced back and expanded by 0.3% m/m in January. OECD Composite Leading Indicators Jan. 2019: 99.1 The composite leading indicator for the OECD countries continued to fall, with the index dipping to 99.1 in January from 99.2 in December. Germany Industrial Production Jan. 2019: -0.8% German industrial production retreated at the start of the year after recovering somewhat in December. United States Retail Sales Jan. 2019: 0.2% Retail sales recovered a small portion of December’s decline in January, but revisions were unkind on net. United States Regional and State Employment Jan. 2019: The employment figures for state and regional economies for January confirm much of what is already known, namely that the country’s labor market began the year on a strong footing, but that there was plenty of noise because of the government shutdown. World Moody's Analytics Survey of Business Confidence March 08: 12.3 Global business sentiment improved a bit last week, but businesses remain notably anxious. United States Business Inventories (MTIS) Dec. 2018: 0.6% Stockpiles grew by 0.6%, in line with consensus expectations and the Moody’s Analytics forecast. » VIEW MORE ECONOMIC INDICATORS |