Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Friday, March 16, 2018

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

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