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.

Monday, October 30, 2017

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

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