Economy.com: Daily Update
| Today's Economy
Economic Roundup: On the Docket Summer’s unofficial end will deliver a slew of economic data. LatAm Daily Briefing: Treading Water in the Andes Political, security and economic challenges will affect the mountainous region’s growth. Inside Economics Podcast: Episode 178—Economic Potpourri We answer listener questions on housing and saving. Europe Daily Briefing: German Business Gloom Confidence inched up in trade but was still deeply negative. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Chartbook: All Signs Point to a Rate Cut Economic indicators last week confirmed that the economy is slowing, although no hints of undue weakness have crept in yet. U.S. Outlook: Fed Eases, Housing Revives The Federal Reserve is poised to normalize interest rates as the U.S. economy makes the long-hoped-for soft landing. U.S. Weekly Highlights and Preview, August 23, 2024 Federal Reserve Chair Jerome Powell said that “the time has come for policy to adjust,” all but guaranteeing a reduction in the federal funds rate in September. Latin America Weekly Highlights and Preview, August 23, 2024 Economic activity sags in Argentina and Chile. » VIEW MORE COMMENTARY
Today's Economic Indicators
Singapore
Industrial Production
Jul. 2024: 1.8% y/y
Singapore’s industrial production rose 1.8% y/y in July, in line with our expectations but above consensus forecasts. United States
Durable Goods (Advance)
Jul. 2024: 9.9% m/m
U.S. durable goods orders surged in July, rising 9.9% following a downwardly revised 6.9% decline in June. World
Moody's Analytics Survey of Business Confidence
August 23: 21.6
Global business sentiment continues to brighten, as it has all year. Peru
GDP
2024Q2: 3.6% y/y
The Peruvian economy grew again in the second quarter, powered by a broad-based recovery in household spending and a small bump in fixed investment. United States
Texas Manufacturing Outlook Survey
Aug. 2024: -9.7
Texas factory activity remained subdued in August, though the pace of decline eased. » VIEW MORE ECONOMIC INDICATORS |
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