| Today's Economy
Economic Roundup: Mixed Message on U.S. Housing Market House price data move in opposite directions in September. LatAm Daily Briefing: U.S. Softens Sanctions on Venezuela Even the potential economic boost will not ease tensions between Maduro and the opposition. Europe Daily Briefing: Euro Zone Sentiment Improves Although consumer confidence recovered in November, deep uncertainty persists. Asia-Pacific Daily Briefing: Japan's Labour Market Treads Water The unemployment rate was unchanged at 2.6% in October. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Chartbook: Fed Tones It Down Powell suggested the economy will soon need smaller rate hikes for longer. The Ghost of Fiscal Present: Twin Shocks The second of our three-part series on European fiscal rules. This Week in Housing Updates on U.S. house prices, pending sales and jobs this week will set the tone for the housing market. Global Outlook: Skating on Thin Ice Worldwide GDP growth will slow next year, and Europe won't escape recession. » VIEW MORE COMMENTARY
Today's Economic Indicators
Switzerland
GDP
2022Q3: 0.2% q/q
Switzerland’s third-quarter GDP grew by 0.2% q/q, adding to a downwardly revised 0.1% increase in the second quarter. Sweden
GDP
2022Q3: 0.6% q/q
Sweden’s third-quarter GDP grew by 0.6% q/q, slowing from a downwardly revised 0.7% increase in the second quarter. Sweden
Retail Sales
Oct. 2022: -1.3% m/m
Retail sales in Sweden tumbled 1.3% m/m in October, deepening a 0.6% decline in September. Euro Zone
Business and Consumer Sentiment
Nov. 2022: 93.7
In November, the euro zone’s economic sentiment index rose to 93.7 from 92.7 in October. Belgium
Consumer Price Index
Nov. 2022: 10.6% y/y
Chile
Employment
Oct. 2022: 8.0%
Chile's unemployment rate inched higher in October amid the slowdown in growth. Mexico
Employment Situation
Oct. 2022: 3.3% Unemployment
Mexico’s unemployment rate remained stable and low in October as the economy created more jobs. Canada
GDP
2022Q3: 2.9% SAAR
Surging exports and inventories helped GDP avoid a decline in the third quarter as many other components faltered. Canada
Gross Domestic Product by Industry
Sep. 2022: 0.1% m/m
Real GDP rose moderately in September, up 0.1% for 3.9% year-over-year growth. United States
S&P CoreLogic Case-Shiller® Home Price Indexes
Sep. 2022: 10.4% y/y
The U.S. housing market is buckling under the weight of higher mortgage payments and low housing affordability. United States
FHFA Purchase-Only House Price Index
Sep. 2022: 11.0% y/y
The Federal Housing Finance Agency Purchase-Only House Price Index rose 11% on a year-ago basis in September. United States
Conference Board Consumer Confidence
Nov. 2022: 100.2
U.S. consumer confidence fell less than expected in November but still hit its lowest level since July, according to the Conference Board. United States
Texas Service Sector Outlook Survey
Nov. 2022: 5.5
Texas service sector activity as a whole advanced at a slow pace in November. South Korea
Industrial Production
Oct. 2022:
South Korea
Retail Sales
Oct. 2022:
Japan
Industrial Production
Oct. 2022:
China
Manufacturing PMI
Nov. 2022:
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