Today's Economy Economic Roundup: About Last Night Gridlock is likely in DC, but with elections over, consumers should watch the pump. What a Divided Congress Means for the U.S. Economy Both parties share some common ground on infrastructure and Medicare reform. Energy Prices Buoy Colombian Exports Manufacturing exports are also performing well. Europe Daily Briefing: What's Up With Euro Zone Retailing? September's figures were sobering, but the fourth quarter should bring better news. » VIEW MORE TODAY'S ECONOMY
Commentary Why Are U.S. Unemployment Insurance Claims So Low? Some workers may forgo filing for jobless benefits because of eligibility restrictions or benefit cuts. U.S. Chartbook: Storm Surge in Jobs Hurricane-related payback boosted employment in October, but the trend is also strong. U.S. Weekly Highlights and Preview, November 2, 2018 Economic data for the week ahead will be overshadowed by the midterm elections. Europe Weekly Highlights and Preview, 2 November, 2018 We expect broad-based growth across sectors for the U.K. in the third quarter. » VIEW MORE COMMENTARY
Today's Economic Indicators
Brazil Consumer Price Index Oct. 2018: 4.56% A Germany Industrial Production Sep. 2018: 0.2% German industrial production rose slightly at the end of the third quarter, after increasing marginally in the previous month. Italy Retail Sales Sep. 2018: -0.8% Italian retail sales retreated 0.8% m/m in September following a downwardly revised 0.6% gain in August. Euro Zone Retail Sales Sep. 2018: 0.0% Euro zone retail sales were unchanged in September, beating our expectations of a 0.3% m/m decline. Chile Foreign Trade Oct. 2018: -US$216.5 mil Chile’s trade deficit widened in October. United States MBA Mortgage Applications Survey November 02: -4.0% Mortgage applications fell again last week, and by a larger margin than in the week prior. United States Business Employment Dynamics 2018Q1: 7.4 mil A near complete count of private payrolls revealed solid growth in the labor market at the beginning of the year. Canada Purchasing Managers' Index Oct. 2018: 61.8 The Ivey Purchasing Managers' Index recovered in October, returning to around the same level as it was in July and August. United States Oil Inventories November 02: 431.8 mil barrels The increase in crude oil inventories was much higher than industry analysts expected, and it will put downward pressure on prices. China Foreign Trade Oct. 2018: United States Consumer Credit (G19) Sep. 2018: $10.9 bil Headline consumer credit growth slowed a bit after an impressive few months. New Zealand Monetary Policy Nov. 2018: 1.75% The Reserve Bank of New Zealand kept the official cash rate steady at 1.75% in November and maintained that it will remain unchanged through 2019 and into 2020. Japan Machinery Orders Sep. 2018: Philippines GDP 2018Q3: » VIEW MORE ECONOMIC INDICATORS |