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 |