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.

Tuesday, October 31, 2017

Today's Economy


Acceleration in U.S. Wage Growth Remains Slow but Steady

There is the risk that the Fed turns hawkish, having been bitten by being too patient in the 1960s.

Mexico’s Economy Contracted in Third Quarter

NAFTA uncertainty, policy tightening and natural disasters dragged on growth.

Euro Zone Is Full of Surprises

The second half is looking extremely good for the economy of the single-currency area.

Conflicting Trends in Japan's Consumption Data

Retail trade and the household expenditure survey show diverging patterns.

» VIEW MORE TODAY'S ECONOMY



Commentary


Q&A: Where Should Amazon Locate Its Second HQ?

We answer questions about our data-driven approach to the tech giant's headquarters search.

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.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Japan
Monetary Policy
Oct. 2017: ¥80 tril.
The Bank of Japan remains comfortably on the sidelines, and it will be the last global central bank to taper its large-scale asset purchase program.

Japan
Housing Starts
Sep. 2017: -2.9%
Japan's housing starts are in a trend decline after a strong year in 2016.

France
GDP
2017Q3: 0.5%
France's preliminary GDP numbers beat expectations and showed that the economy expanded by a strong 0.5% q/q in the third quarter, while second quarter growth was unexpectedly revised up to 0.6%.

Thailand
Private Consumption
Sep. 2017: 2.8%
Private consumption ticked up 2.8% y/y in September following a 1.9% rise in the previous month (before revisions).

Thailand
Foreign Trade
Sep. 2017: US$ 3.4bil
Thailand’s trade surplus rose to US$3.4 billion in September, up from a downward revised US$2 billion in August.

France
Household Consumption Survey
Sep. 2017: 0.9%
French household consumption surprised on the upside in September, soaring by 0.9% m/m and more than offsetting August’s upwardly revised 0.2% decline.

Taiwan
GDP
2017Q3: 3.1%
Taiwan's economy grew faster than expected in the September quarter, up 3.1% y/y after a 2.1% rise in the June quarter, according to advanced estimates.

Italy
Unemployment
Sep. 2017: 11.1%
Italy's unemployment rate remained unchanged at 11.1% in September, after August’s numbers were revised downwards from 11.2%.

Euro Zone
Preliminary GDP
2017Q3: 0.6%
The euro zone's real GDP expanded by 0.6% q/q in the third quarter, slightly above our expectation of 0.5% but down from revised 0.7% growth in the second quarter.

Euro Zone
Preliminary Consumer Price Index
Oct. 2017: 1.4%
The euro zone's annual harmonized inflation eased to 1.4% in October from 1.5% in the previous month.

Euro Zone
Unemployment
Sep. 2017: 8.9%
The euro zone’s jobless rate fell further to 8.9% in September, its lowest reading since January 2009, from a downwardly revised 9% in August.

Brazil
Employment Situation
Sep. 2017: 12.4%
B

Chile
Employment
Sep. 2017: 6.7%
The national unemployment rate averaged 6.7% in the July-September rolling quarter, down from 6.8% a year earlier.

Canada
Industrial Product and Raw Materials Price Indexes
Sep. 2017: -0.3%
Lower prices for animal products sent both the Industrial Product Price Index and the Raw Materials Price Index down in September.

Canada
Industry Output
Aug. 2017: -0.1%
Canadian GDP took a step backward in August after stalling in July.

United States
Employment Cost Index
2017Q3: 0.7%
The Employment Cost Index continues to gradually accelerate, signaling a labor market that is healing but has room to improve.

United States
Moody’s Analytics Policy Uncertainty Index
October 27: 74.5
U.S. policy uncertainty continues to decline, but it remains higher than normal.

United States
S&P CoreLogic Case-Shiller® Home Price Indexes
Aug. 2017: 5.9%
Existing-home price appreciation accelerated in the three months ended in August compared with the three months ended in July.

United States
Housing Vacancies & Homeownership
2017Q3: 63.9%
The homeownership rate trended upward in the third quarter of 2017, coming in at 63.9%, a slight uptick from 63.7% in the second quarter of 2017.

United States
Conference Board Consumer Confidence
Oct. 2017: 125.9
The Consumer Confidence Index rose 5.3 points in October to 125.9, its highest level since 2000.

South Korea
Foreign Trade
Oct. 2017:

Thailand
Industrial Production
Sep. 2017:

Argentina
Industrial Production - Advance
Sep. 2017: 2.3%
According to Argentina’s statistics office, Indec, industrial output expanded 2.3% y/y in September not seasonally adjusted, after 5.1% in the previous month.

New Zealand
Employment Situation
2017Q3:

South Korea
Consumer Price Index
Oct. 2017:

» VIEW MORE ECONOMIC INDICATORS

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