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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, 2024

Today's Economy


Economic Roundup: Consumer Confidence Perks Up...but Not Much

Consumer confidence ticked up in May, but high prices and interest rates are keeping anxiety high.

Explaining the Biden Administration's Latest Tariffs

Though narrow, the latest levies represent further distancing between the U.S. and China.

LatAm Daily Briefing: LatAm FDI Inflows Stagnated in 2023

Despite last year’s stagnation, foreign direct investment still reached a record high.

Europe Daily Briefing: Tightening the Screws

The number of French job seekers hit a 15-year low.

» VIEW MORE TODAY'S ECONOMY



Commentary


Euro Zone Inflation Tracker: Opposing Pressures

Energy prices remained in decline, while services were stuck above target.

Canada Risk Matrix: Decision Time

The time is nearing for the Bank of Canada to pivot.

U.S. State and Local Outlook: The Rising Costs of Public Sector Compensation

Success in keeping expense growth under control will be vital to avoid a funding cliff as revenue growth slows and federal aid dries up.

Germany Outlook: Where's the Consumer-Led Rebound?

The economic outlook for 2024 is looking subdued after the first-quarter GDP report.

» VIEW MORE COMMENTARY



Today's Economic Indicators


France
Job Seekers
Apr. 2024: 2.78 mil
In April, the number of job seekers in France declined by 36,400 to 2.78 million.

Canada
Industrial Product and Raw Materials Price Indexes
Apr. 2024: 1.5% m/m
The Industrial Product Price Index saw a higher-than-expected boost in April, rising 1.5% month over month.

United States
S&P CoreLogic Case-Shiller® Home Price Indexes
Mar. 2024: 7.4% y/y
U.S. house prices moved higher in March, according to the S&P CoreLogic Case-Shiller Home Price Index.

United States
FHFA Purchase-Only House Price Index
Mar. 2024: 6.7% y/y
The Federal Housing Finance Agency Purchase-Only House Price Index rose 6.7% on a year-ago basis in March.

World
Moody's Analytics Survey of Business Confidence
May 24: 14.0
Global business sentiment has meaningfully improved and has been stable in recent weeks.

United States
Conference Board Consumer Confidence
May. 2024: 102.0
U.S. consumer confidence surprisingly improved in May, breaking three straight months of deterioration, according to the Conference Board.

United States
Texas Manufacturing Outlook Survey
May. 2024: -19.4
Texas factory activity weakened again in May.

Australia
Consumer Price Index
Apr. 2024:

» VIEW MORE ECONOMIC INDICATORS

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