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.

Tuesday, May 28, 2019

Today's Economy


Early Surveys Miss a Trade Tension Hit to Sentiment

Business confidence will likely sour even further.

Asia-Pacific Daily Briefing: Sentiment Sours in South Korea

Soft first quarter GDP results added to the woes.

Europe Daily Briefing: A Euro Zone High, a U.K. Low

Consumer sentiment rose in the euro area and the U.K., but business confidence tumbled in Britain.

Europe Daily Briefing: A More Fragmented EU

In the U.K., the election results showed that support for pro-remain parties topped that for pro-Brexit ones

» VIEW MORE TODAY'S ECONOMY



Commentary


U.S. Chartbook: Just a Hiccup

The trade war and low housing affordability drove some disappointments.

U.S. Weekly Highlights and Preview, May 24, 2019

We look for a downward revision to first-quarter GDP.

Europe Weekly Highlights and Preview, 24 May, 2019

Inflation pressures should have eased across most major euro zone economies.

Asia-Pacific Weekly Highlights and Preview, 24 March, 2019

Chinese manufacturing sentiment likely improved in May. India's negative output gap persists.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Euro Zone
Business and Consumer Sentiment
May. 2019: 105.1
Euro zone business and consumer sentiment increased to 105.1 in May from 103.9 in April, showing the first positive reading since the end of 2017.

India
GDP
2019Q1:

Mexico
Employment Situation
Apr. 2019: 3.50% Unemployment
Unemployment in Mexico trended up in April, as usually happens in the fourth month of the year.

United States
S&P CoreLogic Case-Shiller® Home Price Indexes
Mar. 2019: 2.7%
House price appreciation decelerated again in March, reinforcing the slowing trend that has been in place since last spring.

United States
FHFA Purchase-Only House Price Index
Mar. 2019: 4.9%
The Federal Housing Agency Purchase-Only House Price Index rose 4.9% in March on a year-ago basis, which is in line with the prior month’s increase.

World
Moody's Analytics Survey of Business Confidence
May 24: 14.1
Global business sentiment improved a bit at the end of May, but it has been hit hard by the trade war between the U.S. and its trading partners.

United States
Conference Board Consumer Confidence
May. 2019: 134.1
Consumer confidence has bounced back recently, easing but not alleviating the concerns that the escalating trade tensions could weigh on consumers' psyche.

United States
Texas Manufacturing Outlook Survey
May. 2019: -5.3
Texas manufacturers' near-term expectations for the economy as a whole and for their own businesses turned negative in May for the first time in many months. However, the survey data on more granular information such as production, new orders, employment and capital expenditures remained positive, albeit weaker.

Argentina
Retail Sales Index
Mar. 2019: 26.9%
The index that tracks nominal sales at Buenos Aires’ largest shopping centers increased 26.9% y/y in March, up from 22.6% in the previous month.

» VIEW MORE ECONOMIC INDICATORS

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