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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.

Friday, November 18, 2022

Today's Economy


Economic Roundup: Existing-Home Sales Still Searching for a Bottom

The Conference Board’s Leading Economic Index is sending an ominous message on the risk of recession.

Geopolitical Risk Calendar: G-20 Agrees on Price Stability, Food Security

The summit also condemned Russia's invasion of Ukraine.

Europe Daily Briefing: U.K. Retailers Still in Bad Place

While October’s rise in retail sales brought some relief, nothing really changed for U.K. retailers.

Asia-Pacific Daily Briefing: Turning Up the Heat

Japan's consumer price inflation jumped in October.

» VIEW MORE TODAY'S ECONOMY



Commentary


U.S. Weekly Highlights and Preview, November 18, 2022

We expect new-home sales to have fallen in October, wiping out nearly all of August’s sharp increase.

Latin America Weekly Highlights and Preview, November 18, 2022

Argentina flirts with triple-digit inflation as Peru grapples with declining job growth.

Europe Weekly Highlights and Preview, 18 November, 2022

Euro zone's warmer-than-average temperatures won't prevent oncoming chill.

Asia-Pacific Weekly Highlights and Preview, 18 November, 2022

Central banks in New Zealand and South Korea will keep hiking aggressively.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Switzerland
Industrial Production
2022Q3: 4.6% y/y
Switzerland’s industrial production continued growing in the third quarter, up 4.6% compared to the same a quarter a year earlier and 0.5% compared to the preceding second quarter.

United Kingdom
Retail Sales
Oct. 2022: 0.6% m/m
U.K. retail sales volumes rose by 0.6% m/m in October, partially reversing September’s 1.5% decline.

Sweden
Unemployment rate
Oct. 2022: 7.7%
Sweden’s seasonally adjusted unemployment rate jumped up in October to 7.7% from 7.1% in September.

Chile
GDP
2022Q3: 0.3% y/y
Chile’s economy weakened in the third quarter as monetary restrictions depressed domestic demand.

Canada
Industrial Product and Raw Materials Price Indexes
Oct. 2022: 2.4% m/m
In a reversal from the trend established through prior months, input prices rose starkly in October.

Canada
International Transactions in Securities
Sep. 2022: -C$22.3 bil
Interest rate differentials relative to the U.S. are sending funds pouring out of Canada.

United States
Regional and State Employment
Oct. 2022:
October’s employment report for state and regional economies sent a clear message of deceleration among states.

United States
Existing-Home Sales
Oct. 2022: 4.43 mil, SAAR
Low affordability due to rising mortgage rates continues to drag down home sales.

United States
Internet Sales (E-Commerce Sales)
2022Q3: $265.9 bil
Growth in e-commerce sales exceeded expectations in the third quarter.

United States
Quarterly Services Survey
2022Q3:
U.S. service industries advanced at a solid clip in the third quarter.

United States
Conference Board Leading Indicators
Oct. 2022: -0.8%
Economic uncertainty and recession fears are high, and this rather downbeat sentiment is reflected in October’s Leading Economic Index from the Conference Board.

» VIEW MORE ECONOMIC INDICATORS

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