| Today's Economy
Economic Roundup: Trade Won’t Help Out in Q3 The U.S. trade deficit widened in August, making it unlikely for trade to support third-quarter GDP. Europe Daily Briefing: Are Fears of a Recession Overblown? Consumer confidence rose in Germany, while the euro zone's broad money growth picked up the pace. Distribution of Credit Ratings Can Influence Aggregate Leverage Ratios Second quarter aggregate revenues of S&P 500 companies grew 4% from a year earlier. Asia-Pacific Daily Briefing: Korean Consumers Less Downbeat The Philippines' central bank cut rates again. » VIEW MORE TODAY'S ECONOMY
Commentary
Middle East Outlook: Heavy Cost of Regional Tensions Increasing strains and a slowing global economy don’t bode well for the region. Chilean Corporates Well Equipped for a Crunch High levels of foreign direct investment lower the risk of corporate leverage. U.S. Employment Outlook: Changing Times The unemployment rate is not expected to fall much further as gains align with labor force trends. U.S. Chartbook: The Housing Surprise Lower mortgage rates have juiced existing-home sales, residential construction and homebuilder sentiment. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States
Advance Wholesale and Retail Inventories
Aug. 2019: 0.4%
United States
International Trade in Goods - Advanced
Aug. 2019: -$72.8 bil
The nominal goods deficit widened slightly from $72.5 billion in July to $72.8 billion in August. United States
Jobless Claims
September 21: 213,000
U.S. initial filings for unemployment insurance benefits paint a favorable picture of the labor market. Canada
Earnings, Hours and Employment
Jul. 2019: 2.7%
Nonfarm payroll earnings increased 0.5% from the previous month in July, reaching C$1,027 per week. United States
GDP
2019Q2: 2.0%
U.S. Mexico
Economic Activity Index
Jul. 2019: 0.3%
The Mexican economy’s deceleration has extended into July, with activity affected by industrial weakness. United States
St. Louis Fed Financial Stress Index
September 20: -1.28
Financial market stress increased in the week ended September 20, the first weekly increase in five weeks. United States
Pending Home Sales
Aug. 2019: 107.3
The pending home sales index rose 1.6% to 107.3 in August on a seasonally adjusted basis, gaining back a portion of its July losses. United States
Natural Gas Storage Report
September 20: 102 bil cubic feet
The increase in natural gas inventories was above analyst expectations, which will have a negative impact on prices. United States
Kansas City Fed Manufacturing Survey
Sep. 2019: -2
Manufacturing conditions in the Kansas City Fed District continued to contract in September, though the composite increased to -2 from -6 previously. Mexico
Monetary Policy
Sep. 2019: 7.75%
The Bank of Mexico eased monetary conditions in September as inflation approached its central target and the economy remained weak. Argentina
Economic Activity Indicator
Jul. 2019: 0.6%
The statistics office’s monthly economic activity index increased 0.6% y/y in July after 0.4% in the previous month. » VIEW MORE ECONOMIC INDICATORS | 
