| Today's Economy
Economic Roundup: Oil Prices Fall as Saudi Arabia Recovers Lost Oil Production The U.S. economy can withstand the current higher level of oil prices, but geopolitical risks still plague oil markets. Argentina Struggles to Stop Capital Flight Foreign currency reserves continue to fall. Europe Daily Briefing: Germany's ZEW Offers a Sigh of Relief Brexit uncertainty and renewed tensions between the U.S. and EU darken the outlook. Asia-Pacific Daily Briefing: Singapore's on Struggle Street Nonoil domestic exports fell for a sixth straight month in August, with tech the main drag. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Chartbook: Keep Calm and Shop On Consumers' pocketbooks stay open in the face of rising headwinds. After Attack in Saudi Arabia, Code Red The attack on the Saudi oil infrastructure brings Saudi Arabia, Iran and the U.S. to the brink. Global Outlook: In the Downswing Recession fears increase as trade uncertainty and geopolitical risks linger. Brazil Outlook: Mild Improvement, but a Lot Like Last Year The economy will again perform below capacity in 2019. » VIEW MORE COMMENTARY
Today's Economic Indicators
Canada
Survey of Manufacturing
Jul. 2019: -1.3%
Canadian manufacturing sales suffered a worse-than-expected loss in July as shipments of metals and motor vehicles contracted. United States
Industrial Production
Aug. 2019: 0.6%
Industrial production rose 0.6% in August, its third increase in the last four months. United States
NAHB Housing Market Index
Sep. 2019: 68
Homebuilder sentiment inched up 1 point to 68 in September. United States
State and Local Government Tax Revenue
2019Q2: 8.3%
State tax collections blew past all expectations in the second quarter, rising by 8.3% nationally from a year earlier. United States
CreditForecast.com Household Credit Report
Aug. 2019: 3.8%
Total U.S. household borrowing tacked on 0.33% in August, equivalent to $44 billion. United States
Treasury International Capital Flows
Jul. 2019: $84.3 bil
Net long-term capital flows increased for the fourth straight month in July. Japan
Foreign Trade
Aug. 2019:
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