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, November 17, 2017

Today's Economy


Economic Roundup: A Promising Sign for the U.S. Housing Market

Starts came in noticeably better than either we or the consensus expected.

U.S. Q4 Looking a Little Better, Q3 a Touch Worse

Growth is now tracking 2.8% in the current quarter, while third quarter GDP is down to 3.3%.

Our Australia GDP Tracker Fills a Void

The bureau of statistics is struggling with timeliness and accuracy following budget cut.

Housing Starts Jump in October

The trend has barely budged.

» VIEW MORE TODAY'S ECONOMY



Commentary


Fiscal Rule or a Fiscal Council for Mexico?

The rule is stricter, the council is softer.

The Anatomy of a NAFTA Deal

Talks among the U.S. Mexico and Canada have hit a stumbling block, but a new agreement with small changes is likely.

Europe Weekly Highlights and Preview, 17 November, 2017

The second estimate of the U.K.’s third quarter GDP should also bring an expenditure breakdown of growth.

U.S. Employment Outlook: Millions on the Sidelines

The continued nonparticipation of many prime-age workers is troubling.

» VIEW MORE COMMENTARY



Today's Economic Indicators


World
Moody's Analytics Global CPI
Oct. 2017: 0.4%
Global inflation is gradually accelerating, but some of the recent gains are likely attributed to higher oil prices, which may be only a temporary support.

Canada
Consumer Price Index
Oct. 2017: 1.4%
The recent acceleration in consumer price inflation hit a speed bump in October.

United States
New Residential Construction (C20)
Oct. 2017: 1.290 mil
Housing starts in October regained some of the ground lost in August and September.

United States
Regional and State Employment
Oct. 2017:
There were no big surprises in the latest regional and state labor market results for October, which, similar to the national results, show the unwinding of the hurricane effects in the prior month and strong, tight labor market conditions early in the fourth quarter.

United States
Internet Sales (E-Commerce Sales)
2017Q3: $115.3 bil
Internet sales are on a roll.

United States
MBA Delinquency Rates
2017Q3: 4.88%
Mortgage delinquency rates increased during the third quarter, rising from a seasonally adjusted 4.24% to 4.88% of active loans, a 64-basis point uptick from the prior quarter and a 36-basis point rise from the same period a year ago.

United States
Quarterly Services Survey
2017Q3:
The report bodes well for revisions to the third quarter consumer spending.

United States
ECRI Weekly Leading Index
November 10: 145.6
The U.S. economy remains healthy, and prospects are good for the months ahead.

United States
Kansas City Fed Manufacturing Survey
Nov. 2017: 16
Manufacturing activity in the Kansas City Federal Reserve District measured a slower, albeit still strong, expansion in November.

United States
CreditForecast.com Household Credit Report
Oct. 2017: 4.5%
Total U.S. household borrowing grew 4.53% year-over-year in October, up 8 basis points from 4.45% in September.

» VIEW MORE ECONOMIC INDICATORS

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