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 |