Today's Economy Economic Roundup: Waiting on Washington As lawmakers take up tax reform in earnest, debate and deliberations will rage over the next few months. Argentina’s Ruling Party Sweeps Midterm Elections Financial markets celebrate President Macri’s victory. Republicans Inch Closer to a Tax Bill We see a U.S. tax overhaul as more likely than not to happen. Abe Now Can Focus on Military's Legitimacy After his coalition's victory, Japan's prime minister has an easier legislative path. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Chartbook: Hurricane Effects Linger Harvey and Irma continue to drag on the national performance, but the landscape beyond the affected areas looks strong. U.S. Weekly Highlights and Preview, October 20, 2017 The outlook depends in good measure on what happens, or does not happen, in Washington DC. Europe Weekly Highlights and Preview, 20 October, 2017 It is hard to still claim that last year’s Brexit vote made no dent on the British economy. For U.K. Economy, Devilish Details Latest revisions from the government statistics office show the economy is more fragile than had been thought. » VIEW MORE COMMENTARY
Today's Economic Indicators
Taiwan Domestic Trade Sep. 2017: 3.2% Retail sales increased 3.2% y/y in September, after a 4.3% gain in August (before revisions). Taiwan Industrial Production Sep. 2017: 5.2% Industrial production surprised on the upside and grew 5.2% y/y in September, after a 3.2% rise in August (before revisions). Output in heavy industry was up 4.7%, while light industrial output outpaced at 9.4%. United States Chicago Fed National Activity Index Sep. 2017: 0.17 The pace of U.S. economic growth moved upward in September. Canada Wholesale Trade Aug. 2017: 0.5% Wholesale sales rose 0.5% to C$62.8 billion in August. World Moody's Analytics Survey of Business Confidence October 20: 27.4 Global business sentiment has softened during the past several weeks, with some weakening evident across all nine questions posed in the survey. » VIEW MORE ECONOMIC INDICATORS |