Today's Economy Core Capital Goods Orders Slow on Outlook for Business Sales High-yield default insurance premium rises to two-year high. Happy Thanksgiving From Economy.com The website will be fully updated on Monday, November 26. Economic Roundup: The Fed's Still Got It Housing is feeling the Fed's pain, but weaker business investment is more about trade than rates. Europe Daily Briefing: Markets Not Too Nervous About Italy The EC has ruled against Italy, but markets have taken it in stride. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Consumer Outlook: Spending Loses Its Luster Wealth effects have waned as asset price growth slows. Latin America Economic Preview: 26-30 November Unemployment likely rose in Mexico and Chile because of a slowdown in hiring. U.S. Macro Outlook: Fiscal Follies Stimulus is juicing-up near-term growth, but at great cost to the nation’s fiscal health and longer-term prospects. U.S. Chartbook: Spotlight on Inflation Consumer prices are running right on the Fed’s target. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States MBA Mortgage Applications Survey November 16: -0.1% U.S. housing data continue to underwhelm. Peru GDP 2018Q3: 2.3% Peru’s economy grew a modest 2.3% in the third quarter on a year-ago basis. United States Jobless Claims November 17: 224,000 U.S. initial claims for unemployment insurance crept higher again, but this is not cause for concern because claims remain low. Canada Wholesale Trade Sep. 2018: -0.5% Wholesale trade continued to slump, with sales falling 0.5% to C$63.2 billion in September. United States Durable Goods (Advance) Oct. 2018: -4.4% New orders for durable manufactured goods shed 4.4% in October, down three of the last four months. United States Existing-Home Sales Oct. 2018: 5.22 mil After six months of decreases, existing-home sales had a slight increase in October. United States Conference Board Leading Indicators Oct. 2018: 0.1% The outlook for the U.S. economy is positive. United States University of Michigan Consumer Sentiment Survey Nov. 2018: 97.5 Consumer sentiment dropped 1.1 points month over month in the final November report from the University of Michigan, declining to 97.5 (down 0.8 point from the preliminary report), its lowest level since August. United States Oil Inventories November 16: 446.9 mil barrels Crude oil inventories increased by 4.9 million barrels in the week ended November 16, surpassing expectations of a 1.9 million-barrel rise. United States Natural Gas Storage Report November 16: -134 bil cubic feet The drop in natural gas inventories was larger than analysts were expecting, and this will apply upward pressure on prices. Japan Consumer Price Index Oct. 2018: » VIEW MORE ECONOMIC INDICATORS |