| Today's Economy
Economic Roundup: Good Things in Store for Q3 GDP Our high-frequency GDP model pegs annualized growth for Q3 at 3.5%. U.S. High-Frequency GDP Update Consumers continue to propel the strong U.S. economic expansion. Europe Daily Briefing: Not With a Bang but a Whimper Flash PMIs deliver a weak fourth-quarter opening for the euro zone. LatAm Daily Briefing: Mexico’s Economy Contracts as Political Cycle Ends The end of election-related spending takes its usual toll on the economy. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Banking Conditions Tracker: Taking Stock Interest rates of all maturities are expected to descend in the coming quarters, so banks will earn less on loans; however, lower interest rates will increase credit demand. U.S. Credit Outlook: Easing Into Stability While consumer credit performance appears strong, challenges are emerging at the product level. U.S. Employment Outlook: Orbiting, Not Landing October’s jobs report is all but certain to be negatively impacted by Hurricane Milton. China Economic Risk Matrix: Supports Arrive Last-minute supports should ensure GDP growth lands close to 5% this year. » VIEW MORE COMMENTARY
Today's Economic Indicators
Malaysia
Consumer Price Index
Sep. 2024: 1.8% y/y
Malaysia’s headline inflation rate eased to 1.8% y/y in September from 1.9% in August. United States
Moody's Analytics Beige Book Index
Oct. 2024: 16.7
The Moody’s Analytics Beige Book Index dipped in October to 16.7 from 19.4 in the previous month. United States
Chicago Fed National Activity Index
Sep. 2024: -0.28
The Chicago Fed National Activity Index deteriorated in September, showing the U.S. economy has its blemishes. United States
Jobless Claims
October 19: 227,000
U.S. initial claims for unemployment insurance are defying expectations. United States
St. Louis Fed Financial Stress Index
October 18: -0.54
According to the St. United States
New-Home Sales
Sep. 2024: 738,000 SAAR
New-home sales increased in September, according to the Census Bureau. United States
Natural Gas Storage Report
October 18: 80 bil cubic feet
Last week’s rise in natural gas stocks was higher than analyst predictions, so this report could put some downward pressure on prices. United States
Kansas City Fed Manufacturing Survey
Oct. 2024: -4
Manufacturers in the Federal Reserve’s Tenth District saw declining activity in October. Argentina
Retail Sales Index
Aug. 2024: 204.4% y/y
The index that tracks nominal sales at shopping centers across the country’s large urban centers increased 204.4% year on year in August. » VIEW MORE ECONOMIC INDICATORS | 
