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Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Friday, November 04, 2022

Today's Economy


Economic Roundup: A Tale of Two Surveys

Payrolls increased more than expected, but household employment dropped.

Geopolitical Risk Calendar: Brazilian Elections Not Disputed

The incumbent president conceded and urged his supporters to respect the vote.

Canada Weekly: Avoiding Investors’ Ire

Without energy, Canada's current account deficit will garner more concern.

Europe Daily Briefing: German Factory Orders Nosedive

New factory orders take a steep hit in Germany.

» VIEW MORE TODAY'S ECONOMY



Commentary


U.S. Jobs Report Cont'd: October Update

The strength of the U.S. labor market will keep the Fed from making dovish turns anytime soon.

Latin America Weekly Highlights and Preview, November 4, 2022

No relief from inflation in Peru and deteriorating activity in Chile.

Europe Weekly Highlights and Preview, 4 November, 2022

Services will keep its head above water, but sales and consumer confidence will flounder.

Regional Inflation Shifts Arrive in Time for Midterms

Mountain West costs are now rising most quickly, but the implications for elections remain murky.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Singapore
Retail Sales
Sep. 2022: 11.2%
Singapore’s retail sales were up by 11.2% year on year in September, a touch below August’s 13% year-on-year increase.

France
Industrial Production
Sep. 2022: -0.8% m/m
France's industrial production ran into trouble in September.

Spain
Industrial Production
Sep. 2022: -0.3% m/m
In seasonally adjusted and calendar-adjusted terms, Spain’s industrial production contracted 0.3% month over month in September.

Canada
Labor Force Survey
Oct. 2022: 5.2%
Better-than-expected jobs numbers will give the green light to the Bank of Canada to push ahead with more rate hikes.

United States
Employment Situation
Oct. 2022: 261,000 m/m
The October employment report sent mixed messages with a healthy payroll report negated by a weak household report.

Canada
Purchasing Managers' Index
Oct. 2022: 50.1
The Ivey Purchasing Managers' Index fell from 59.5 in September to 50.1 in October, right above the cutoff that demarcates the fine line between expansionary and contractionary economic activity.

United States
Moody’s Analytics & CNN Business Back-to-Normal Index
November 02: 91.2
The Moody’s Analytics Back-to-Normal Index slid 1.1 points this week, from a revised 92.3 to 91.2.

Uruguay
Consumer Price Index
Oct. 2022: 9.05% y/y
Inflation in Uruguay rose 9.05% y/y in October, the lowest rate since March.

» VIEW MORE ECONOMIC INDICATORS

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