Today's Economy Economic Roundup: End-of-Year Resolution Congress passed a last-minute continuing resolution over the weekend. Europe Daily Briefing: No U.K. Growth in Q3 U.K. GDP reports zero growth in the third quarter. China Outlook: Q&A We answer your questions about the outlook for China's economy. Economic Roundup: A Flurry of Data to End the Week Inflation eases, while income and spending rise. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Employment Outlook: Risks Rising The unemployment rate forecast is little changed; it will edge slightly lower but remain at or near 4% for the next few years. U.S. Chartbook: Changing Expectations The FOMC cut again in December, but fewer cuts appear to be on the horizon in 2025. Euro Zone Inflation Tracker: Inching Up Although headline inflation will rise slightly above target in the fourth quarter, price pressures will not likely run out of control. U.S. Outlook: From Exceptional to Challenging The U.S. economy is performing exceptionally well and should be able to overcome most any challenge it faces next year. Good thing, as coming changes to economic policy are sure to be challenging. » VIEW MORE COMMENTARY
Today's Economic Indicators
Netherlands GDP 2024Q3: 0.8% q/q The final estimate for Dutch real GDP in the third quarter showed an expansion of 0.8% quarter over quarter—consistent with preliminary estimates in November. Belgium Consumer Price Index Dec. 2024: 3.2% y/y In December, Belgium’s CPI inflation rate remained at 3.2% y/y, unchanged from November. United States Durable Goods (Advance) Nov. 2024: -1.1% m/m New orders for U.S. durable goods fell 1.1% in November. United States Philadelphia Fed Nonmanufacturing Survey Dec. 2024: 3.9 The headline diffusion index for the Philly Fed’s Nonmanufacturing Business Outlook Survey ticked up slightly from November to December. United States Richmond Fed Manufacturing Survey Dec. 2024: -10 In the Federal Reserve’s Fifth District, manufacturing remains soft. United States New-Home Sales Nov. 2024: 664,000 SAAR New-home sales increased in November after falling sharply in October. » VIEW MORE ECONOMIC INDICATORS |