Today's Economy Economic Roundup: Plenty of Momentum Heading Into Q4 U.S. consumer spending was strong in September, but it's not sustainable. With Catalonia Secession Put Down, Spanish Stock Market Rallies Support for independence fades, but it is too early to assess the economic damage. U.S. Consumer Spending on a Favorable Trajectory Real spending growth was strong in September, but there are hurdles. Economic Briefing: Japanese Retailers Back in Fashion Households are less frugal despite mediocre wage gains. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Chartbook: Nothing if Not Inconsistent Despite the solid growth in GDP, the details were less impressive. U.S. Consumer Debt Use Rebounding Patterns of debt usage over the past few years suggest some additional growth ahead. U.S. Weekly Highlights and Preview, October 27, 2017 We expect employment to have bounced back in October as the impact of the hurricanes faded. Europe Weekly Highlights and Preview, 27 October, 2017 All eyes will be on the Bank of England, as the Monetary Policy Committee meets to decide on its stance. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States Black Knight Home Price Index Aug. 2017: 6.2% House prices rose 6.2% on a year-ago basis in August, according to the Black Knight House Price Index. Germany Retail Sales Sep. 2017: 0.5% German retail sales recovered at the end of the third quarter, up 0.5% m/m from August, when they fell by 0.2%. Euro Zone Business and Consumer Sentiment Oct. 2017: 114.0 The euro zone's economic confidence indicator rose to 114 in October from 113.1 in the previous month. Chile Manufacturing Production Sep. 2017: -1.4% Chile’s manufacturers showed persistent weakness in September. United States Personal Income Sep. 2017: 0.4% Nominal personal income growth accelerated to 0.4% in September from an unrevised 0.2% gain in August, beating our forecast for a 0.2% increase. United States PCE Deflator Sep. 2017: 0.4% U.S. inflation isn’t going anywhere quickly, but the Federal Reserve is still expected to raise interest rates one more time this year, likely in December. United States Personal Spending Sep. 2017: 0.6% Consumer spending growth rebounded in September, with a surge in vehicle sales leading growth. World Moody's Analytics Survey of Business Confidence October 27: 27.8 Global business sentiment notched higher last week, but sentiment has softened somewhat during the past several weeks. United States Texas Manufacturing Outlook Survey Oct. 2017: 27.6 Texas current factory activity rose strongly in October. Thailand Industrial Production Sep. 2017: United States Agricultural Prices Sep. 2017: -1.7% Agricultural prices continued their downward slide in September. South Korea Industrial Production Sep. 2017: South Korea Retail Sales Sep. 2017: Japan Employment Situation Sep. 2017: Japan Household Expenditures Survey Sep. 2017: Japan Industrial Production Sep. 2017: United Kingdom Consumer Confidence Oct. 2017: China Manufacturing PMI Oct. 2017: » VIEW MORE ECONOMIC INDICATORS |