Today's Economy Economic Roundup: March Retail Sales Unable to Salvage Q1 Control sales were up 1% annualized in the first quarter, among the smallest gains this cycle. Taking a LIttle Off the Top U.S. retail sales and business inventories lower our estimate of Q1 GDP. Europe Daily Briefing: Don’t Expect Ammunition for the BoE U.K. growth will disappoint in Q1, while inflation is falling back to target. Asia-Pacific Daily Briefing: Indonesia Escapes Quarterly Trade Deficit The trade balance returned to surplus in March, after deficits in January and February. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Chartbook: The Lone Doves Conditions are falling into place for four rate hikes this year. U.S. Macro Outlook: Road to Recession It's prudent to take stock of where we are in the business cycle, and watch the signposts. Infrastructure Reality Check U.S. public infrastructure spending needs to increase to get back to its average share of GDP over the past 20 years. Japan Outlook: Growth Remains Firm Amid Global Risks Domestic demand is expected to buttress growth despite rising external risks. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States Black Knight Home Price Index Jan. 2018: United States NY Empire State Manufacturing Survey Apr. 2018: 15.8 Conditions remain sunny for New York's manufacturers, but dark clouds are beginning to gather on the horizon. United States Retail Sales Mar. 2018: 0.6% Retail sales growth improved, but the trend remained modest in March, and better results are coming. Russian Federation Industrial Production Mar. 2018: 1.0% Russian industrial production was up 1% year over year in March, a bit less than the February report, but the country managed to maintain its expansive trajectory. World Moody's Analytics Survey of Business Confidence April 13: 41.9 Heightened global trade tensions and volatility in financial markets have had no discernible impact on global business sentiment. United States Business Inventories (MTIS) Feb. 2018: 0.6% Stockpile growth is maintaining momentum. United States NAHB Housing Market Index Apr. 2018: 69 Home builder sentiment inched down 1 point in April to 69. Colombia Industrial Production Feb. 2018: 1.5% Manufacturing output expanded 1.5% y/y in February, up from 0.8% in the previous month. United States Treasury International Capital Flows Feb. 2018: $49.0 bil Net long-term inflows moderated in February. Singapore Foreign Trade Mar. 2018: China Fixed Asset Investment Mar. 2018: China GDP 2018Q1: China Industrial Production Mar. 2018: China Retail Sales Mar. 2018: » VIEW MORE ECONOMIC INDICATORS |