Today's Economy Economic Roundup: Less U.S. and Global GDP Growth in Q4 Trade and factory orders take a little off U.S. GDP, leaving it tracking at 2%. Mild Disappointments in U.S. Trade and Factory Orders Q4 U.S. GDP is now tracking 2%. Inflation Picks Up in the Philippines We look for the archipelago’s central bank to start tightening monetary policy in early 2017. Economic Briefing: Asian Currencies Fall Against the Greenback Australian data point to soft economic growth in the third quarter. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Chartbook: Fed Gets Green Light Labor market passes key hurdle for interest rate action. A Slap to Italy's Establishment Protest voices and discontent with constitutional changes triggered the “No” vote. U.S. Election Model Post-Mortem Sometimes statistics just have no place in politics. U.S. Weekly Highlights and Preview, December 2, 2016 The labor market is hot but not too hot. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States CoreLogic Home Price Index Oct. 2016: 6.7% The CoreLogic Home Price Index continues its ascent, rising 6.7% on a year-over-year basis in October. Germany Manufacturing Turnover and Orders Received Oct. 2016: 4.9% German manufacturing orders soared 4.9% m/m in October after decreasing by a revised 0.3% in September. Euro Zone GDP 2016Q3: 0.3% The euro zone's real GDP expanded by 0.3% in the third quarter, matching the rate of second quarter expansion. Colombia Consumer Price Index Nov. 2016: 6.0% Colombia’s annual inflation rate decelerated in November amid a large drop in food prices. Canada International Merchandise Trade Oct. 2016: -C$ 1.13 bil Canada's trade deficit in October declined to its lowest level since January. United States Productivity and Costs 2016Q3: 3.1% Productivity growth was unrevised in the third quarter; it rose 3.1% at an annual rate. United States International Trade (FT900) Oct. 2016: -$42.6 bil The U.S. trade deficit widened to $42.6 billion in October, a significant increase from the previous month and slightly ahead of our above-consensus forecast. Russian Federation Consumer Price Index Nov. 2016: 0.4% Monthly inflation of aggregate consumer prices was under control in November, at 0.4%, and annual inflation dropped to 5.7%. Canada Purchasing Managers' Index Nov. 2016: 56.8 The seasonally adjusted Ivey Purchasing Managers' Index fell to 56.8 in November from 59.7 in October. United States Factory Orders (M3) Oct. 2016: 2.7% Factory orders increased 2.7% in October, a better showing than the consensus for a 2.5% increase but a touch lighter than our forecast for a 3% increase. United States Moody’s Analytics Policy Uncertainty Index December 02: 74.4 U.S. economic policy uncertainty continues to drift lower, but the improvement could prove temporary. Australia GDP 2016Q3: Malaysia Foreign Trade Oct. 2016: » VIEW MORE ECONOMIC INDICATORS |