Today's Economy Economic Roundup: Lending a Helping Hand to the Chair Fed officials are helping to correct Powell's recent slip-up. Higher Spec-Grade Bond Yield May Reduce U.S. Business Borrowing An even higher speculative-grade yield is favored for 2019. Walking It Back Clarida is the latest Fed official to temper Powell's earlier hint on the neutral fed funds rate. U.S. Consumers See Strong Labor Market The Conference Board's labor market differential points toward a drop in the unemployment rate. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. State and Local Outlook: As Good as It Gets? Tax revenues have strengthened, but the pressures of Medicaid spending will not let up. U.S. Chartbook: Fed Tightening Is Supposed to Hurt It will be painful, particularly for interest-rate-sensitive segments of the economy, including housing. U.S. Investment Taps the Brakes Fundamentals remain supportive, but business confidence is becoming more cautious. U.S. Weekly Highlights and Preview, November 26, 2018 We expect improvement in new-home sales. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States Moody's CMBS Delinquency Tracker Oct. 2018: 4.24% The Moody’s CMBS Delinquency Tracker total delinquency rate declined 11 basis points to 4.24% in October. United States FHFA Purchase-Only House Price Index Sep. 2018: 6.0% The Federal Housing Finance Agency Purchase-Only House Price Index rose 6% in September on a year-ago basis, which is in line with August’s increase. Mexico Employment Situation Oct. 2018: 3.24% Unemployment Unemployment declined in October with the holiday season approaching. Mexico Trade Balance Oct. 2018: -US$2,936.0 mil The trade balance remained in negative territory in October as oil revenues moderated. United States S&P CoreLogic Case-Shiller® Home Price Indexes Sep. 2018: 5.1% Existing-home price appreciation decelerated in the three months ending in September compared with the same period in August. United States Conference Board Consumer Confidence Nov. 2018: 135.7 Consumer confidence fell 2.2 points from last month, dropping to 135.7 in November, weighed down by a drop in overall consumer expectations. France Job Seekers Oct. 2018: 3.43 mil The number of French job seekers decreased slightly to 3.43 million in October after falling to 3.44 million in September. » VIEW MORE ECONOMIC INDICATORS |