| Today's Economy
Happy Thanksgiving From Economy.com We will return on Monday, November 28. Economic Roundup: Durables Ding Q3 GDP; December Rate Hike Nearly a Done Deal The Fed gears up to raise rates next month while the U.K.'s Hammond announces fiscal stimulus plans. OPEC Meeting Draws Nearer Oil markets are primed for a supply cut. Second Half U.S. GDP Gets Dinged By Durable Goods Q3 growth is now tracking 3% while Q4 is at 2%. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Weekly Highlights and Preview, November 23, 2016 The adjustment in the bond market could continue as we see room for long-term rates to climb. Latin America Economic Preview: 28 November - 2 December Industrial output contracts in Mercosur area. Italy Outlook: Political Quake Could Change the Economic Landscape The economy has withstood the runup to the December referendum, but the outcome could upset that. ASEAN Outlook: Room for Improvement Growth in the Southeast Asian economies should strengthen some in 2017. » VIEW MORE COMMENTARY
Today's Economic Indicators
Taiwan
Domestic Trade
Oct. 2016: 0.4%
Taiwan consumers started the December quarter on a steady note. Taiwan
Industrial Production
Oct. 2016: 3.7%
Strong global demand for Taiwanese wares is supporting manufacturing activity. Germany
House Price Index
Oct. 2016: 8.9%
New-home prices rose 8.9% y/y in October, following a 7.4% gain in the previous month. United States
MBA Mortgage Applications Survey
November 18: 5.5%
Mortgage applications were up last week, even as mortgage rates maintained their steep upward trajectory. United States
Durable Goods (Advance)
Oct. 2016: 4.8%
New orders for durable manufactured goods rose 4.8% in October, a stronger showing than the consensus forecast for a 0.4% increase but more in line with our forecast for a 3.8% gain. United States
Jobless Claims
November 19: 251,000
Initial claims have bounced around over the past couple of weeks because seasonal adjustment issues surrounding the Veterans Day holiday. Mexico
Economic Activity Index
Sep. 2016: 1.6%
Economic activity advanced month over month in September, after a contraction in the previous month. Mexico
GDP
2016Q3: 2.0%
Mexico’s economy advanced in the third quarter, although it still performed at below-capacity rates. United States
FHFA Purchase-Only House Price Index
Sep. 2016: 6.1%
House prices are rising at a steady and moderate pace even as home sales and residential construction take a breather. United States
St. Louis Fed Financial Stress Index
November 18: -1.06
The St. United States
New-Home Sales
Oct. 2016: 563,000
New-home sales slipped somewhat in October, falling 1.9% from the revised September total. A significant increase in sales in the West census region was not sufficient to offset the decline in sales in the other three regions. New-home sales are still up by 17.8% year over year. World
Moody's Analytics Global HPI
2016Q3: 5.1%
Global house price growth has accelerated but the near-term prospects are mixed. United States
University of Michigan Consumer Sentiment Survey
Nov. 2016: 93.8
The sense of relief that the U.S. presidential election has ended appears to have lifted consumers’ spirits in November. United States
Oil Inventories
November 18: 489.0 mil barrels
Crude oil inventories fell although market analysts expected a build, which will put significant upward pressure on prices. United States
Natural Gas Storage Report
November 18: -2 bil cubic feet
Natural gas inventories fell while industry analysts expected an increase, which will put upward pressure on prices. United States
FOMC Minutes
Nov. 2016:
From a near-term policy perspective, the minutes from the Federal Open Market Committee’s November meeting were uneventful. » VIEW MORE ECONOMIC INDICATORS | 
