Today's Economy Economic Roundup: Trouble on the Railroad The threat of a rail strike is back, but Congress can intervene after the Thanksgiving break. Risk of a German Wage-Price Spiral Remains Contained Employers and unions have agreed to wage restraint following key negotiations. LatAm Daily Briefing: Thankless Latin America will encounter multiple headwinds on the road to growth next year. Europe Daily Briefing: German Producer Prices Tumble Lower producer prices point to a peak in inflation. » VIEW MORE TODAY'S ECONOMY
Commentary This Week in the Economy Most leading economic indicators point to a coming recession, but while risks are high and 2023 will be tough on the economy, our baseline outlook remains recession free as inflation moderates, consumers do their part, and businesses remain reluctant to lay off workers. Why U.S. Oil Production Lags Demand Fundamental changes in global energy markets will keep per-barrel prices unusually high, giving firms confidence to pick up the pace of capital expenditures. 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. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States Moody's CMBS Delinquency Tracker Oct. 2022: 4.25% The Moody’s Delinquency Tracker total delinquency rate reversed trend and increased 14 basis points to 4.25% in October. Hong Kong SAR (China) Consumer Price Index Oct. 2022: 1.8% y/y In October, Hong Kong's headline Composite Consumer Price Index was at 1.8% over the year. United States Chicago Fed National Activity Index Oct. 2022: -0.05 The Chicago Fed National Activity Index decreased to -0.05 in October from an upwardly revised 0.17 in September, suggesting slower economic growth. World Moody's Analytics Survey of Business Confidence November 18: 5.5 Global businesses remain on edge, suggesting that the global economy is fragile and recession risks remain uncomfortably high. New Zealand Foreign Trade Oct. 2022: South Korea Consumer Sentiment Index Nov. 2022: » VIEW MORE ECONOMIC INDICATORS |