Today's Economy Economic Roundup: U.S. Labor Market is Cooking Trend job growth is strong and the unemployment rate will fall further. FOMC Preview: Nothing Exciting Will Happen We expect the Fed to keep rates unchanged and make only cosmetic changes to its post-meeting statement. And We're Off—Tracking U.S. Q4 GDP Has Begun Our initial estimate is for a 2.9% gain in GDP this quarter, but that will change. The Economy.com Podcast: Employment's October Surprise Sophia Koropeckyj and Jeremy Cohn discuss the latest U.S. jobs data. » VIEW MORE TODAY'S ECONOMY
Commentary Europe Weekly Highlights and Preview, 2 November, 2018 We expect broad-based growth across sectors for the U.K. in the third quarter. Asia-Pacific Weekly Highlights and Preview, 2 November, 2018 The focus will be on China’s foreign trade and inflation data for October. Forecaster’s Mailbag: Shining Light on Chinese Debt There’s nothing simple about the task before policy makers to manage smooth deleveraging. Latin America Economic Preview: 5-9 November Inflation moderates in Brazil, Chile and Mexico, and remains high in Uruguay. » VIEW MORE COMMENTARY
Today's Economic Indicators
Peru Consumer Price Index Oct. 2018: United States Employment Situation Oct. 2018: 250,000 The labor market rebounded from the hit from Hurricane Florence with more verve than expected. Canada International Merchandise Trade Sep. 2018: -C$ 0.42 bil Canada's merchandise trade deficit narrowed by C$416 million in September following a revised C$551 million deficit in August. Canada Labor Force Survey Oct. 2018: 5.8% The labor market remains in great shape, but the economy's supply-side constraints are showing. United States International Trade (FT900) Sep. 2018: -$54.0 bil The U.S trade deficit widened for fourth consecutive month in September, swelling to $54 billion from $53.3 billion in August. United States ISM - NY Report Oct. 2018: 69.8 The good times are still rolling in New York City according to the October ISM-New York Report on Business. United States Factory Orders (M3) Sep. 2018: 0.7% Factory orders rose 0.7% in September, the second consecutive increase. » VIEW MORE ECONOMIC INDICATORS |