| Today's Economy
Economic Roundup: U.S. Housing Starts to Bounce Back The big surprise was the increase in permits, as it suggests an acceleration in housing starts. U.S. Residential Investment Likely Will Add to Q4 GDP Housing starts rose in October, and permits were encouraging. Europe Daily Briefing: Euro Zone Construction Limps Out of Q3 The euro zone's service sector would have to do serious work to offset weak construction output. LatAm Daily Briefing: Colombia Unemployment Up Despite Robust Economic Growth The national unemployment rate averaged 10.6% in the third quarter. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Chartbook: That’s Going to Leave a Mark New data cut into our estimate of fourth-quarter GDP growth. U.S. Weekly Highlights and Preview: November 18, 2019 Housing reports highlight an otherwise light week. U.S. Macro Outlook: Economy Throttles Back Consumers are the firewall as the tax cut boost has faded and the trade war takes a toll. Remittances to Mexico: The Myth of the Exchange Rate's Power The causality goes from remittances to the peso, not the other way around. » VIEW MORE COMMENTARY
Today's Economic Indicators
Canada
Survey of Manufacturing
Sep. 2019: -0.2%
Canadian manufacturing sales dipped slightly in September after a strong month in August. United States
New Residential Construction (C20)
Oct. 2019: 1.314 mil
Housing starts got a nice boost in October, increasing 3.8% above their revised September total and by 8.5% from a year earlier. United States
Regional and State Employment
Oct. 2019:
There were no big surprises in the state and regional labor market results for October, which, like the U.S. results, showed that job growth early in the fourth quarter was solid and that factory weakness had not yet spilled over into service sector hiring. United States
Internet Sales (E-Commerce Sales)
2019Q3: $154.5 bil
Internet sales continue to impress. United States
Quarterly Services Survey
2019Q3:
Data from the Quarterly Services Survey indicate that the U.S. service sector remains in good health. Japan
Foreign Trade
Oct. 2019:
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