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.

Wednesday, September 28, 2016

Today's Economy


Economic Roundup: OPEC Strikes a Deal

The oil cartel agrees to first production cut since 2008; the effects on prices should be modest.

First U.S. Presidential Debate Won’t Change the Election Odds Much

Post-debate momentum usually reverses some after a few days.

OPEC Meeting Sparks False Hopes

A production freeze remains unlikely.

Lingering Weakness in U.S. Capital Spending

Durable goods orders were better than expected in August, but the details were soft.

» VIEW MORE TODAY'S ECONOMY



Commentary


Spain Outlook: Political Stress Will Slow Near-Term Growth

The country will remain a star performer in the euro zone.

A More Promising Road to GSE Reform: Why It Leads to a Government Corporation

Merging Fannie and Freddie in this way offers structural reform for housing finance with as little disruption as possible.

U.S. State and Local Outlook: The Pension Threat

Unfunded post-employment benefits are the largest impediment to long-term budget stability.

U.S. Chartbook: Supply Constraints Handcuff Housing

Insufficient labor and low inventories limit housing activity, while the Fed stays put.

» VIEW MORE COMMENTARY



Today's Economic Indicators


France
Consumer Confidence
Sep. 2016: 97
Weak economic conditions are weighing on sentiment in France.

Italy
Consumer and Business Confidence
Sep. 2016: 101.9
Italy's stagnation is showing no signs of abating.

United States
MBA Mortgage Applications Survey
September 23: -0.7%
Mortgage applications fell again last week, despite a downward movement in mortgage rates.

United States
State Personal Income
2016Q2: 1.0%
State personal income growth accelerated in the second quarter to 1% from a revised 0.3% to begin 2016.

United States
Durable Goods (Advance)
Aug. 2016: 0.0%
New orders for durable manufactured goods remained flat in August, a better showing than the consensus forecast for a 1.5% decline.

Mexico
Employment Situation
Aug. 2016: 4.0% Unemployment
Unemployment remained high in August as the seasonal vacation increased the amount of job seekers.

United States
Oil Inventories
September 23: 502.7 mil barrels
A surprise drop in crude oil inventories will support higher oil prices.

Thailand
Industrial Production
Aug. 2016:

South Korea
Consumer Sentiment Index
Sep. 2016:

Japan
Retail Sales
Aug. 2016:

» VIEW MORE ECONOMIC INDICATORS

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