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.

Thursday, October 27, 2016

Today's Economy


Economic Roundup: Better Than Expected Q3 in the U.K. Is the U.S. Next?

GDP was a touch better than we anticipated, but the details were not as encouraging.

Final Thoughts Ahead of Q3 U.S. GDP

We now look for quarterly growth of 3.1% at an annual rate.

Tide Changing for U.S. Capital Spending

Core capital goods orders rose 5.2% at an annual rate in the third quarter.

Hungary’s Unemployment Rate Drops to 4.9%

The number of unemployed hit a record low, and companies are reporting labor shortages.

» VIEW MORE TODAY'S ECONOMY



Commentary


Latin America Economic Preview: 31 October-4 November

Inflation declines in Peru and Uruguay.

Europe Weekly Highlights and Preview, 27 October, 2016

Euro zone GDP for the third quarter likely grew at a broadly steady pace.

Asia-Pacific Economic Preview: 31 October-4 November

Asian central banks will likely maintain monetary policy settings in November.

Australia Outlook: Changing Landscape, Downside Risks

Subdued consumption and a peak in housing construction will dampen growth in 2017.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Spain
Unemployment
2016Q3: 18.9%
Spain’s unemployment rate fell to 18.9% in the third quarter of 2016 from 21.2% in the same period a year ago.

Euro Zone
Monetary Aggregates
Sep. 2016: 5%
The seasonally adjusted annual growth of the euro zone’s M3 money supply was at 5% y/y in September after a revised 5.1% increase in the previous month and in line with the Moody's Analytics forecast.

Italy
Consumer and Business Confidence
Oct. 2016: 102.4
Italy’s business confidence rose to 102.4 in October from 101.2 in the previous month because of stronger confidence in manufacturing, construction and market services.

United Kingdom
GDP Production Breakdown
2016Q3: 2.3%
The preliminary estimate of U.K. third quarter growth beat expectations and showed that the British economy expanded by 0.5% q/q.

Hong Kong
Foreign Trade
Sep. 2016: -HK$39.7 bil
Hong Kong's trade deficit came in at HK$39.7 billion in September, after a HK$32.1 billion deficit in August.

Brazil
Employment Situation
Sep. 2016: 11.8%
Brazil’s unemployment remained high in September, staying in the double digits.

United States
Black Knight Home Price Index
Aug. 2016:

United States
Jobless Claims
October 22: 258,000
The labor market is chugging along, as initial claims for unemployment insurance benefits slipped from 261,000 to 258,000 in the week ended October 22.

United States
Durable Goods (Advance)
Sep. 2016: -0.1%
New orders for durable manufactured goods fell 0.1% in September, a poorer showing than the consensus forecast for a 0.2% increase but better than our forecast for a 0.8% decline.

Canada
Earnings, Hours and Employment
Aug. 2016: 1.6%
Canadian labor market weakness continued into August.

United States
St. Louis Fed Financial Stress Index
October 21: -1.19
The St.

United States
Pending Home Sales
Sep. 2016: 110
The pending home sales index rose 1.5% on a seasonally adjusted basis to 110 in September, partly offsetting the loss recorded in August but still remaining below July’s pace.

United States
Housing Vacancies & Homeownership
2016Q3: 63.5%
The homeownership rate ticked up in the third quarter to 63.5%, a 0.6-percentage point improvement over the second quarter.

United States
Natural Gas Storage Report
October 21: 73 bil cubic feet
Natural gas inventories rose in line with analyst expectations, which will have little effect on prices.

United States
Kansas City Fed Manufacturing Survey
Oct. 2016: 6
Manufacturing activity in the Federal Reserve's 10th District expanded in October with the composite index of the Kansas City Fed's Manufacturing Survey registering a 6.

Japan
Consumer Price Index
Sep. 2016:

Japan
Employment Situation
Sep. 2016:

Japan
Household Expenditures Survey
Sep. 2016:

Taiwan
GDP
2016Q3:

» VIEW MORE ECONOMIC INDICATORS

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