Economy.com: Daily Update
| Wednesday, August 28, 2024 |
| Today's Economy
Economic Roundup: Cause for Concern? Supply chains are functioning well, overall, but strikes threaten possible disruption. LatAm Daily Briefing: Housing Market Disparities The ability to buy a home varies widely across the region. Supply-Chain Stress From Up North? According to the U.S. SCSI, supply chains are functioning well in mid-2024. U.S. Factory Building Strong, but Set to Slow Most of the activity is in chip plants, but CHIPS Act grants will soon max out. » VIEW MORE TODAY'S ECONOMY
Commentary
Why FDI Is Shrinking Economic fragmentation and tax changes are reshaping global FDI flows. China’s Medium-Term Lending Facility Relegated in Importance An uncompetitive MLF rate could drive more interbank lending. All About E-commerce U.S. online sales have been growing at a much faster rate than brick-and-mortar retail. U.S. Employment Revisions and Regional Economies We draw a rough footprint of expected downward adjustments to job numbers in light of preliminary benchmark revisions from the BLS. » VIEW MORE COMMENTARY
Today's Economic Indicators
France
Job Seekers
Jul. 2024: 2.81 mil
In July, the number of job seekers in France fell by 26,100 to 2.81 million. United States
MBA Mortgage Applications Survey
August 23: 0.5%
Following a few weeks of whipsawing, mortgage activity posted a mild increase in the week ended August 23. World
Moody's Analytics Global HPI
2024Q2: 5.5% y/y
The Moody’s Analytics estimate of the worldwide house price index gained 5.5% y/y in the second quarter, speeding up from a 3.2% increase in the first quarter. United States
Oil Inventories
August 23: 425.2 mil barrels
Oil inventories had a smaller draw than expected, which should limit any price swings. » VIEW MORE ECONOMIC INDICATORS |
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