Today's Economy Economic Roundup: Is the Trade Tide Turning? Net exports have a shot at adding to Q4 U.S. GDP. No New Cycle Lows for Credit Spreads Despite Record Highs for U.S. Equity Market The slowdown with the profits recession of 2015-2016 was more severe than the latest deceleration. Fed Likely Down, for Now We are leaning toward removing the December rate cut and putting it in mid-2020. September Trade Deficit Sets Up Better for Q4 U.S. GDP Fourth quarter growth is now tracking 1.2%. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Chartbook: No Tricks, Just Treats Third-quarter output and October employment surprised to the upside. Student Loans and the Housing Market While U.S. homeownership has fallen and student debt has risen, the causal link is ambiguous. Stress-Testing States 2019 The overall results of the latest exercise relative to a year ago are unmistakably positive. Latin America Economic Preview: 4-8 November Inflation is stable in Colombia and Mexico, declining in Brazil, and increasing in Chile. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States CoreLogic Home Price Index Sep. 2019: 3.5% The CoreLogic Home Price Index increased 3.5% year over year in September, slightly below the 3.6% growth in August before revisions. Chile Retail & Wholesale Sales Sep. 2019: 5.1% Chile’s retail and wholesale sales index rose above our expectations in September, growing 5.1%. Canada International Merchandise Trade Sep. 2019: -C$ 0.98 bil C United States International Trade (FT900) Sep. 2019: -$52.5 bil The trade deficit narrowed to $52.5 billion in September as imports fell by more than exports. United States Job Openings and Labor Turnover Survey Sep. 2019: 4.4% openings rate The labor market continues to chug along. United States ISM Nonmanufacturing Index Oct. 2019: 54.7 The U.S. factory sector may be struggling, but the nonmanufacturing sector, which makes up the bulk of the economy, is doing just fine. Uruguay Consumer Price Index Oct. 2019: 8.3% Uruguayan inflation accelerated in October, advancing 8.3% from a year earlier after a 7.8% increase in September. Colombia Consumer Price Index Oct. 2019: » VIEW MORE ECONOMIC INDICATORS |