Today's Economy Economic Roundup: U.S. Initial Claims Keep Impressive Streak Alive The four-week moving average of newly jobless workers is at its lowest since the early 1970s. Trade and Inventories Push and Pull at U.S. Growth Q3 GDP is still tracking 2.6% at an annual rate. Final Thoughts Ahead of September Employment We look for a 165,000 increase in nonfarm employment. Economic Briefing: Trade Data Boost Q3 GDP Outlook for Australia Exports receive a boost from higher iron ore prices. » VIEW MORE TODAY'S ECONOMY
Commentary Asia-Pacific Economic Preview: 10-14 October China is in a cyclical upswing. Latin America Economic Preview: 10-14 October Industry remains weak in Mexico and Uruguay. U.K. Outlook: The Calm Before the Storm Data since the referendum suggest the economy coped well, but the long-term outlook remains to the downside. U.S. Chartbook: Shifting Support for Q3 GDP Growth Inventories and trade pack a bigger punch. Consumer outlays detract some from growth. » VIEW MORE COMMENTARY
Today's Economic Indicators
Germany Manufacturing Turnover and Orders Received Aug. 2016: 1.0% German manufacturing orders rose 1% m/m in August after increasing by 0.3% in July. Germany Vehicle Registration Sep. 2016: 10.2% New-vehicle registrations in Germany rose 10.2% y/y in September following an 11.1% increase in the previous month. United States Challenger Report Sep. 2016: 44,324 The Challenger report provides another piece of evidence that labor market conditions remained steady in September. Colombia Consumer Price Index Sep. 2016: 7.3% Colombia’s annual inflation rate decelerated sharply in September amid a drop in food prices. Canada Building Permits Aug. 2016: 10.4% The value of Canadian building permits rose 10.4% to C$7.3 billion in August, causing the change from a year earlier to improve to -2.2% from -7.6% in July. United States Jobless Claims October 01: 249,000 Initial claims fell 5,000 to 249,000 in the week ended October 1 from the previous week’s unrevised level, below Moody’s and consensus forecasts. United States St. Louis Fed Financial Stress Index September 30: -1.16 The St. United States Natural Gas Storage Report September 30: 80 bil cubic feet Natural gas inventories rose by more than analysts were expecting, indicating weaker demand and putting downward pressure on natural gas prices. » VIEW MORE ECONOMIC INDICATORS |