| Today's Economy
Economic Roundup: What's Worrying Main Street? Despite an uptick in September, the NFIB small business optimism index remains low. Europe Daily Briefing: On the Rebound German industrial production makes a comeback in August, but it's not a sustained recovery yet. LatAm Daily Briefing: Potential Impacts of Middle East Unrest The region is especially vulnerable if higher oil prices spur a global recession. Asia-Pacific Daily Briefing: Philippine Manufacturing Sector Proves Resilient Ensuring food security will be vital for President Ferdinand Marcos Jr.'s administration. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Household Debt Tracker: Consumer Credit Moderation Balances have declined for two consecutive months and are up just 1.5% over the past year compared with a three-year average growth rate of 3.9%. U.K. Outlook: Caution After a Stellar First Half Still-high interest rates and tax rises are likely to keep growth subdued. Asia-Pacific Outlook: Gotta Have Faith While central banks deliver some economic relief, geopolitical risk remains front of mind. U.S. Weekly Highlights and Preview: October 4, 2024 The consumer price index is scheduled for release Thursday, followed by the producer price index on Friday. » VIEW MORE COMMENTARY
Today's Economic Indicators
Netherlands
Consumer Price Index
Sep. 2024: 3.5% y/y
Dutch headline consumer price inflation was confirmed at 3.5% year over year in September, marginally easing from 3.6% in the previous month. Germany
Industrial Production
Aug. 2024: 2.9% m/m
Production increased by 2.9% in August compared with the previous month as motor vehicle production surged. Taiwan (China)
Foreign Trade
Sep. 2024: US$7.1 bil
Taiwan’s trade surplus fell to $7.1 billion in September from $11.5 billion in August. United States
NFIB Small Business Survey
Sep. 2024: 91.5
The NFIB’s Small Business Optimism Index ticked up slightly in September, as expected. Chile
Consumer Price Index
Sep. 2024: 4.13% y/y
Chile’s inflation trended down in September after a five-month rebound mainly produced by an unfavorable base effect. Chile
Foreign Trade
Sep. 2024: US$1,816 mil
Chile recorded another gargantuan trade surplus, but this was mostly because of a decline in imports, which has become par for the course in this year's uneven recovery. United States
International Trade (FT900)
Aug. 2024: -$70.4 bil
The U.S. trade deficit in goods and services narrowed to $70.4 billion in August, down $8.5 billion from a revised $78.9 billion in July. United States
Moody's Analytics Used Vehicle Price Indexes
Sep. 2024: -5.4% y/y
The Moody's Analytics Used-Vehicle Sales Price Index increased again from August to September. Canada
International Merchandise Trade
Aug. 2024: -C$ 1.10 bil
In August, Canada's merchandise export fell 1.0% while imports increased slightly by 0.3%. Australia
Datium Insights - Moody’s Analytics Used Vehicle Price Index
Sep. 2024: -6.2% y/y
In Australia, the used-vehicle price index suffered a 6.2% annual decrease in September following a 5.3% year-over-year drop in August. Argentina
Industrial Production - Advance
Aug. 2024: -6.9% y/y
In August, industrial output shrank by 6.9% compared with the previous year following a 5.4% decline in July. New Zealand
Monetary Policy
Oct. 2024:
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