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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.

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, October 25, 2024

Today's Economy


Economic Roundup: U.S. Consumers Still Stuck in a Rut

High interest rates and prices, along with political uncertainty, are weighing on consumers.

Presidential Politics, Policy Decisions and the Economy: Q&A—Economic Risks

We answer your questions about our U.S. economic outlook and risks to our baseline forecast.

Presidential Politics, Policy Decisions and the Economy: Q&A—U.S. Presidential Election

We answer your questions about our U.S. economic outlook and risks to our baseline forecast.

Presidential Politics, Policy Decisions and the Economy: Q&A—CRE

We answer your questions about our U.S. economic outlook and risks to our baseline forecast.

» VIEW MORE TODAY'S ECONOMY



Commentary


U.S. Weekly Highlights and Preview, October 25, 2024

Next week will see the release of third-quarter GDP, September’s personal consumption expenditure deflator, and the October employment report.

Latin America Weekly Highlights and Preview, October 25, 2024

August retail sales stumble in Mexico and Argentina.

Euro Zone Inflation Tracker: Energy Swings

Base effects will play a role again in October given the surge in natural gas prices a year ago.

Europe Weekly Highlights and Preview, 25 October 2024

The euro zone inflation rate likely rebounded to 2% this month after falling to 1.7% in September.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Singapore
Industrial Production
Sep. 2024: 9.8% y/y
Singapore’s industrial production index rose by 9.8% y/y in September, beating our and consensus expectations.

Spain
Unemployment
2024Q3: 11.2%
Spain’s unemployment rate stood at 11.2% in the third quarter, a 0.7 percentage point decrease compared with the same quarter in the previous year.

France
Job Seekers
Sep. 2024: 2.84 mil
In September, the number of job seekers in France surged by 42,200 to 2.84 million, the sharpest increase since 2021.

Russian Federation
Monetary Policy
Oct. 2024: 21%
At its October meeting, the Central Bank of Russia raised its benchmark interest rate by 200 basis points to 21%, its highest on record.

Canada
New Housing Price Index
Sep. 2024: 0.2% y/y
The Canadian new-home price index remained relatively stable in September, with prices unchanged in 12 of the 27 surveyed metro areas for the second consecutive month.

Canada
Retail Trade
Aug. 2024: 0.4% m/m
Retail sales increased 0.4% in August, reaching C$66.6 billion.

United States
Durable Goods (Advance)
Sep. 2024: -0.8% m/m
New orders for U.S. durable goods fell 0.8% in September, their second straight monthly decline.

United States
Moody’s Analytics House Price Index
Sep. 2024: 4.4%
House price appreciation accelerated in September, according to the Moody’s Analytics House Price Index.

United States
University of Michigan Consumer Sentiment Survey
Oct. 2024: 70.5
Confidence remains low since it only marginally added to its September gains in October.

» VIEW MORE ECONOMIC INDICATORS

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