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 |