Today's Economy Happy Thanksgiving The U.S. offices of Economy.com will be closed Thursday and Friday, November 28 and 29. Economic Roundup: U.S. Consumer May Not Have to Do It Alone Business investment is showing signs of picking up, but you should keep expectations in check. Geopolitical Risk Calendar: Impetus for U.S.-China Trade Deal Has Increased on Both Sides A phase-one deal has yet to be signed and further progress has been scant. Europe Daily Briefing: French Consumers Still Going Strong Consumer confidence soared in November, but the economy isn't out of the woods. » VIEW MORE TODAY'S ECONOMY
Commentary Macro Roundup: A Firm Year End for France Reforms and stimulus are working, but political tensions remain. U.S. Chartbook: Keep It Together Low interest rates have everyone feeling good. U.S. Weekly Highlights and Preview, November 25, 2019 The trend in initial jobless claims has clearly softened a bit. U.S. Regional Outlook: Warning Signs Emerge The share of metro area output associated with late-cycle expansions could signal a tipping point. » VIEW MORE COMMENTARY
Today's Economic Indicators
Mexico Employment Situation Oct. 2019: 3.65% Unemployment Mexico’s unemployment remained high, although it reported a seasonal decrease. Mexico Trade Balance Oct. 2019: -US725.6 mil M United States MBA Mortgage Applications Survey November 22: 1.5% Mortgage applications ticked up 1.5% over the week of November 22, with the refinance index moving up while the purchase index moved down. United States GDP 2019Q3: 2.1% U.S. United States Jobless Claims November 23: 213,000 Jobless claims are not signaling any problems with the U.S. labor market. United States Durable Goods (Advance) Oct. 2019: 0.6% U.S. manufacturing is showing some signs of stabilizing, and the unexpected gain in durable goods in October is a step in the right direction. United States Personal Income Oct. 2019: 0.0% Despite the disappointing headline figure, there were some silver linings in the latest personal income report. United States PCE Deflator Oct. 2019: 0.2% The Federal Reserve doesn’t have to fear a sudden rise in inflation any time soon. United States Personal Spending Oct. 2019: 0.1% Real consumer spending growth continued near its recent trend in October. United States Pending Home Sales Oct. 2019: 106.7 The pending home sales index fell 1.7% to 106.7 in October on a seasonally adjusted basis, giving back a portion of the gains made in August and September. United States Moody’s Analytics Policy Uncertainty Index November 22: 134.8 The four-week moving average in our U.S. policy uncertainty index fell from 143.7 to 134.8 in the week ended November 22. United States Natural Gas Storage Report November 22: -28 bil cubic feet The decline in natural gas inventories very closely matched analyst predictions, and will have little effect on prices. United States Oil Inventories November 22: 452.0 mil barrels A smaller than expected increase in commercial crude oil inventories will support prices. France Job Seekers Oct. 2019: 3.33 mil The number of job seekers in France held relatively steady at 3.33 million in October. Argentina Retail Sales Index Sep. 2019: 46.0% The retail sales index that tracks nominal sales at Buenos Aires’ largest shopping centers increased 46% y/y in September, up from 45.9% in August. United States Beige Book Nov. 2019: The Federal Reserve’s November Beige Book, tracking economic activity from October through mid-November, indicates that the U.S. economy expanded at a modest pace, consistent with the previous reporting period. United States Agricultural Prices Oct. 2019: -2.6% Agricultural prices decreased 2.6% from September to October due to a hefty drop in apples, eggs and strawberries. Japan Retail Sales Oct. 2019: » VIEW MORE ECONOMIC INDICATORS |