Today's Economy Economic Roundup: Multifamily Downer Multifamily construction causes housing starts to drop in February; industrial production pops. Modest Growth on Canada's Horizon Our high-frequency model projects 2.2% growth for the first quarter. Venezuela’s Inflationary Spiral Accelerates The annual rate nears the 10,000% mark. Europe Daily Briefing: Cooling Euro Zone Inflation Shouldn't Worry the ECB More details on the health of the U.K. economy will come next week. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Weekly Highlights and Preview, March 16, 2018 Attention shifts to the Fed and its dot plot. Europe Weekly Highlights and Preview: 16 March, 2018 Expect the BoE to sit tight. Macro Roundup: China Hits 2018 Running Exports and domestic demand drive production higher, although the credit clampdown will cut investment. Latin America Economic Preview: 19-23 March Recovery continues in Chile and moderates in Argentina. » VIEW MORE COMMENTARY
Today's Economic Indicators
Italy Consumer Price Index Feb. 2018: 0.5% Italy’s annual harmonized EU inflation rose 0.5% y/y in February, down from 1.2% in the previous month. Euro Zone Consumer Price Index Feb. 2018: 1.1% Euro zone inflation ticked down to 1.1% y/y in February from 1.3% in January, as energy and food inflation dragged on the headline. United States New Residential Construction (C20) Feb. 2018: 1.236 mil Residential construction disappointed in February. Canada International Transactions in Securities Jan. 2018: C$5.7 bil Foreign investment flowed back into Canada in January, but stronger purchases of foreign assets by Canadian investors suggest a second consecutive month of net outflows. Canada Survey of Manufacturing Jan. 2018: -1.0% A decline in motor vehicles manufacturing drove a drop in manufacturing sales in January. United States Industrial Production Feb. 2018: 1.1% Industrial production surprised to the upside in February, adding 1.1%. United States Job Openings and Labor Turnover Survey Jan. 2018: 4.1% openings rate U.S. businesses have a ton of open positions to fill, a testament to the strength of the economy but a potentially bad omen for productivity growth. United States University of Michigan Consumer Sentiment Survey Mar. 2018: 102 Consumer sentiment rose again in March, gaining 2.3 points and rising to 102, according to the preliminary University of Michigan report, a 14-year high. United States ECRI Weekly Leading Index March 09: 149.7 The U.S. economy is running like a well-oiled machine, and signs point to more of the same for the months ahead. » VIEW MORE ECONOMIC INDICATORS |