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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, September 17, 2024

Today's Economy


Economic Roundup: Builders Feel Better, Not Good

After months of declines, the NAHB housing market index ticked up in September.

U.S. High-Frequency GDP Update: Chugging Along

The latest update to our current-quarter model pushed growth to a solid 2.2%.

Europe Daily Briefing: Sentiment Craters

September's ZEW sentiment survey points to a sharp downturn in euro zone optimism.

LatAm Daily Briefing: Benefits of a Fed Rate Cut

The cut will likely boost regional economies in various ways.

» VIEW MORE TODAY'S ECONOMY



Commentary


U.S. Banking Conditions Tracker: Easier Endgame

An easing of capital requirements comes in response to energetic feedback from banks, business groups and lawmakers on the potential impact of the original proposal.

U.S. Chartbook: 25 or 50?

Recent data suggest risks to inflation and the labor market are about balanced.

Mexico's Policy Options in a Tariff War

The country could implement a defensive policy to reduce adverse effects on the economy.

Global Outlook: Will Lower Rates Usher Stronger Growth in 2025?

Slowdowns in the U.S. and China will prevent any substantial pickup in the world economy.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Indonesia
Foreign Trade
Aug. 2024: $2.9 bil
Indonesia’s trade surplus rose to $2.9 billion in August from $500 million in July.

Canada
Housing Starts
Aug. 2024: 217 ths
Canadian housing starts plummeted in August to their lowest point in nine months.

Canada
Consumer Price Index
Aug. 2024: 2.0% y/y
CPI inflation has returned to the Bank of Canada's target following more than three years at elevated rates.

United States
Retail Sales
Aug. 2024: 0.1%, m/m
August retail sales came in slightly ahead of expectations.

India
Foreign Trade
Aug. 2024: -US$29.7 bil
India's merchandise trade deficit widened in August to $29.7 billion from $23.5 billion in July.

United States
Industrial Production
Aug. 2024: 0.8% m/m
Exceeding expectations, U.S. industrial production expanded 0.8% in August.

United States
Business Inventories (MTIS)
Jul. 2024: 0.4% m/m
Business inventories rose 0.4% in July, slightly above consensus predictions of 0.3%, after building 0.3% in June.

United States
NAHB Housing Market Index
Sep. 2024: 41
Homebuilder confidence increased by 2 points to 41 in September, according to the National Association of Home Builders’ Housing Market Index.

Peru
Unemployment
Aug. 2024: 6.1%
The jobless rate in the Lima metropolitan area—a barometer of job market conditions at the national level in Peru—was nearly unchanged in the August rolling quarter, resting at 6.1%.

Japan
Machinery Orders
Jul. 2024:

Japan
Foreign Trade
Aug. 2024:

» VIEW MORE ECONOMIC INDICATORS

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