Today's Commentary Lower Oil Imports to U.S. Decreased Supply A recent decline in imports is helping rebalance supply and demand. U.S. New-Home Sales Back on Track The slide in sales sold but not started is worrisome. U.S. Retailers Find No Pot of Gold at End of St. Pattyâs Day Rainbow A hop in Easter sales could still salvage March numbers. Economic Briefing: Taiwan Braces for More Dismal Data Bank of Thailand is set to stay on the sidelines. View More Analysis Insight on Critical Issues Challenges, Opportunities in U.S.-Cuba Economic Ties U.S. businesses and Cuba will both reap economic benefits from the thaw in bilateral relations. Mexico Outlook: Another Year of Low Growth The economy is functioning under policy normalization. A More Promising Road to GSE Reform Reforming Fannie Mae and Freddie Mac is critical. Philippines Outlook: From Sick to Strong Business services are driving economic growth in the island nation. View More Analysis Today's Releases Brazil | Employment Situation | February | 8.2% | Unemployment continued to rise in February because the recession has continued and the seasonal effect ... | | Mexico | Retail & Wholesale Sales | January | 5.2% | Household consumption advanced at the beginning of the year as consumer spending recovered. Hence, the ... | | Spain | Producer Price Index | February | -5.7% | Spainâs producer price index slid 5.7% in February from a year earlier from Januaryâs 4.2% decline. The ... | | Taiwan | Domestic Trade | February | 0.1% | Domestic demand in Taiwan looks to be soft in the March quarter. Retail trade in February gained 0.1% ... | | Taiwan | Industrial Production | February | -3.6% | Weak export demand weighs on Taiwanese manufacturers. Industrial production declined 3.6% y/y in February, ... | | Thailand | Monetary Policy | March | 1.5% | Weak domestic and external conditions will out pressure on the Thai central bank to cut its policy rate ... | | United States | Oil Inventories | 03/18/2016 | 532.5 mil barrels | A quick build in crude oil inventories will put downward pressure on prices. Crude oil inventories increased ... | | United States | New-Home Sales | February | 512,000 | New single-family home sales rebounded in February, rising 2% to 512,000 annualized units, in line with ... | | United States | MBA Mortgage Applications Survey | 03/18/2016 | -3.3% | Despite a downward movement in interest rates, mortgage applications decreased again last week. Activity ... | | United States | CreditForecast.com Household Credit Report | February | 2.9% | Total U.S. household borrowing edged down to year-over-year growth of 2.9% in February from 3.1% in January. ... | | View More Releases Survey of Business Confidence Latest: 30.5 Global business sentiment is stable, and consistent with an economy growing at its potential. This comes after several months of weakening confidence. The softer sentiment coincided with the turmoil in financial markets late last year and early this. Assessments of present conditions have been hit especially hard, while encouragingly, expectations regarding conditions later this year have held up much better. South American and, to a lesser degree, Asian companies are the most worried. Sentiment in these regions is consistent with below-potential growth. North American and European businesses are more upbeat, but sentiment has weakened in these regions as well. View Full Analysis Reader's Choice U.S. Macro Outlook: Myth Busting The electorate seems unconvinced, but solid fundamentals are driving the economy. U.S. Regional Outlook: The Expansion Continues The outlook is upbeat, for most of the country. U.S. Chartbook: Resilience is Tested The expansion is still in mid-cycle, but recent financial market tightness has tempered sentiment. Candidate Report Card: The Democrats Higher taxes, higher complexity, lower inequality. Economic Roundup: Is the Fed in Denial? Fed was surprisingly dovish, and new rate path seems inconsistent with the job market, inflation.
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