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.

Thursday, September 20, 2018

Today's Economy


Florence's Price Tag Rises

As U.S. flooding worsens, storm's cost approaches $50 billion.

Colombia's Trade Deficit Drops to Lowest Level Since 2014

Oil and coal prices account for boost in exports.

Europe Daily Briefing: Fundamentals Haven't Improved for U.K. Consumers

Retail sales look solid for Q3, but the strength isn't sustainable.

Asia-Pacific Daily Briefing: The Quiet Achiever

New Zealand's GDP growth beat expectations, while India's rupee enjoyed some relief.

» VIEW MORE TODAY'S ECONOMY



Commentary


Latin America Economic Preview: 24-28 September

Unemployment increases in Chile and Mexico, and declines in Brazil.

Turkey Outlook: Recession Ahead

The country's economy will contract beginning in the third quarter of 2018.

U.S. Macro Outlook: Mistakes Will Happen

Risk-taking, leveraged lending and fiscal and monetary policy bear watching for missteps.

Malaysia State of Play: Navigating Through Global Ructions

It has been an eventful 2018 for Malaysia, and downside risks plague the outlook.

» VIEW MORE COMMENTARY



Today's Economic Indicators


United Kingdom
Retail Sales
Aug. 2018: 3.31%
U.K. retail sales grew by 3.3% y/y in August, down from a 3.8% increase previously but still better than the consensus and our expectations.

Canada
ADP Canada National Employment Report
Aug. 2018: 13,615
A dwindling supply of available workers is mitigating the pace of hiring.

United States
Jobless Claims
September 15: 201,000
The labor market is on a winning streak as initial claims trek lower.

United States
Philadelphia Fed Survey
Sep. 2018: 22.9
The Philadelphia Fed's manufacturing business outlook survey bounced back in September after a disappointing August.

United States
St. Louis Fed Financial Stress Index
September 14: -1.30
Financial stress decreased last week as trade tensions abated.

United States
Conference Board Leading Indicators
Aug. 2018: 0.4%
Prospects for the U.S. economy in the months ahead are strengthening.

United States
Existing-Home Sales
Aug. 2018: 5.34 mil
Existing-home sales were flat in August, with little change from the previous month.

United States
Natural Gas Storage Report
September 14: 86 bil cubic feet
The rise in natural gas inventories was just ahead of analyst predictions, which will apply slight downward pressure on prices.

United States
Financial Accounts - Households
2018Q2: $106.93 tril
Household wealth grew strongly in the second quarter as the stock market more than reversed its first quarter decline, lifting financial wealth.

United States
Financial Accounts - Nonfinancial Corporate
2018Q3: $25.3 tril
Nonfinancial corporate business wealth grew strongly in the second quarter.

Argentina
Employment Situation
2018Q2: 9.6% Unemployment
According to Indec’s labor market survey, the national unemployment rate averaged 9.6% in the second quarter, compared with 8.7% a year earlier (figures are not seasonally adjusted).

Japan
Consumer Price Index
Aug. 2018:

» VIEW MORE ECONOMIC INDICATORS

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