| Today's Economy
Economic Roundup: Bumpy Road Ahead for U.S. Homebuilding Recent hurricanes could reduce starts in September before boosting them in the fourth quarter. Good and Bad News in August U.S. Housing Starts and Permits Recent hurricanes will likely have a bigger impact on Starts in September. Economic Inequality Could Swing New Zealand to the Centre-Left The Labour Party could lead the country for the first time since 2008. The Thai Baht Dilemma The baht is at a two-year high; the central bank is unlikely to bow to pressure to cut rates. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Chartbook: Harvey’s Aftermath Appearing in the Data The economy remains solid despite the storm's effects, but Irma's damage is not yet apparent. Forecasters' Mailbag: What if the Yuan Keeps Rising? There are signs Beijing is uncomfortable with ongoing appreciation. U.S. Macro Outlook: Still Cleaning Up Policymakers have unfinished business to get done before the next recession hits. U.S. Weekly Highlights and Preview, September 18, 2017 Fed set to put its balance sheet plans into motion. » VIEW MORE COMMENTARY
Today's Economic Indicators
Germany
ZEW Indicator of Economic Sentiment
Sep. 2017: 17.0
Investor confidence in Germany recovered at the end of the third quarter, rising to 17 from 10 in August. United States
Current Account
2017Q2: -$123.1 bil
The U.S. current account deficit widened substantially in the second quarter. United States
Import and Export Prices
Aug. 2017: 0.6%
There are signs that inflation in the U.S. is perking up, but the Federal Reserve will want more concrete evidence that the acceleration will stick to justify raising rates again this year. United States
New Residential Construction (C20)
Aug. 2017: 1.180 mil
Housing starts dipped slightly in August, falling 0.8% from July, though they are still up 1.4% from a year earlier. Canada
Survey of Manufacturing
Jul. 2017: -2.6%
Canadian manufacturing sales continued falling in July. Russian Federation
Retail Sales
Aug. 2017: 1.9%
The recovery in Russian retail sales accelerated in August. Russian Federation
Unemployment
Aug. 2017: 4.9%
Russian unemployment dropped 0.2 percentage point in August to 4.9%, the lowest level in three years. United States
State and Local Government Tax Revenue
2017Q2: 2.3%
State tax revenues grew by a fairly healthy 2.3% in the second quarter. United States
Moody’s Analytics Policy Uncertainty Index
September 15: 82.3
Policy uncertainty appears to be stabilizing after falling since late July. Japan
Foreign Trade
Aug. 2017:
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