| Today's Economy
Harvey and U.S. Gasoline Prices Implications for GDP growth are fairly small. U.S. Economy Posts Solid Showing for Q2 Real GDP was revised up to 3% at an annual rate. Strong Euro Delays Changes in ECB’s QE Program The future of QE will likely be announced in October. Italy Sailed Smoothly Through Q2 Industry and domestic demand boosted growth, but the momentum may not last. » VIEW MORE TODAY'S ECONOMY
Commentary
Spending Growth in U.S. Modest in 2016 The Consumer Expenditure Survey also paints a picture of strong household income growth.. Rebuilding Following a Natural Disaster Economies bounce back, but policy plays an important role. Brazil Outlook: Leaving Recession Behind The economy will report a mild recovery this year with low inflation. Oil Traders Are Getting It Wrong Energy traders are right to price gasoline more expensively but wrong to send down the entire WTI futures curve. » VIEW MORE COMMENTARY
Today's Economic Indicators
Euro Zone
Business and Consumer Sentiment
Aug. 2017: 111.9
The euro zone's economic confidence indicator climbed to 111.9 in August from 111.3 in the previous month. United States
MBA Mortgage Applications Survey
August 25: -2.3%
Mortgage applications decreased again last week, despite a downward movement in most rates. Chile
Manufacturing Production
Jul. 2017: 2.62%
Chile’s manufacturing continued to advance in July but remained below potential capacity. United States
ADP National Employment Report
Aug. 2017: 237,000
The labor market continues to impress despite the length of the current expansion. United States
GDP
2017Q2: 3.0%
U.S. Canada
Balance of International Payments
2017Q2: -C$16.3 bil
Canada's seasonally adjusted current account deficit increased to C$16.3 billion in the second quarter, largely because the merchandise trade deficit widened. Canada
Earnings, Hours and Employment
Jun. 2017: 1.8%
Hiring took an impressive step forward in June, but wage growth remained elusive. United States
Oil Inventories
August 25: 457.8 mil barrels
A much larger than expected decline in crude oil inventories will put some upward pressure on oil prices. Thailand
Industrial Production
Jul. 2017:
United States
Agricultural Prices
Jul. 2017: -2.9%
Agricultural prices took a bigger hit in July after slipping in June. South Korea
Industrial Production
Jul. 2017:
South Korea
Retail Sales
Jul. 2017:
United Kingdom
Consumer Confidence
Aug. 2017:
Japan
Industrial Production
Jul. 2017:
South Korea
Monetary Policy
Aug. 2017:
China
Manufacturing PMI
Aug. 2017:
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