Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Wednesday, February 12, 2020

Today's Economy


Certain Uncertainty After New Hampshire Primary

The Granite State provides little clarity to the Democratic nomination outcome.

LatAm Daily Briefing: Heeding Brazil's Consumer

Real retail sales and spending are growing around 2.5%.

Europe Daily Briefing: A Stinker Q4 for Euro Zone Factories

Leading indicators suggest the worst is over for manufacturing, but we are cautiously optimistic.

EU Risk Matrix Update: Coronavirus' Economic Reach

We don't believe the epidemic will spread to Europe, but the virus is likely to taint the economy.

» VIEW MORE TODAY'S ECONOMY



Commentary


Mexico Under the Fed’s Severe Recession Scenario

In the hypothetical case, the country would suffer greatly from a U.S. downturn.

Trump’s Fiscal 2021 Budget: Big Proposals, Little Chance

The wish list provides some insight into a potential second term.

U.S. Weekly Highlights and Preview, February 10, 2020

Odds are that Congress will grill the Fed chairman about the economic impact of the coronavirus.

U.S. Chartbook: Job Growth Pops as People Charge Into the Labor Force

Big gains owe partly to the mild winter, but show labor supply constraints aren't binding.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Canada
RPS House Price Index
Jan. 2020: 3.6%
House prices rose 0.2% in January across the 13 largest Canadian markets, causing year-ago price growth to rise to 3.6% from 3.3% in December.

Taiwan (Province of China)
GDP
2019Q4:

Euro Zone
Industrial Production
Dec. 2019: -2.1%
Euro zone industrial production plummeted by 2.1% m/m in December following no growth in November.

Brazil
Retail Sales Index
Dec. 2019: 2.6%
Brazil’s retail consumption continued to advance on an annual basis in December in tandem with the economy’s recovery.

OECD
Composite Leading Indicators
Dec. 2019: 99.4
The composite leading indicator for the OECD countries rose in December after having increased in November for the first time since the end of 2017.

India
Consumer Price Index
Jan. 2020: 7.6%
India’s January consumer price index came in above expectations, rising to 7.59% from 7.35% in December.

United States
MBA Mortgage Applications Survey
February 07: 1.1%
Mortgage applications rose 1.1% over the week of February 7.

India
Industrial Production
Dec. 2019: -0.3%
After an uptick in November, India’s industrial production index for December fell by 0.3% y/y.

United States
NAR Metro Prices
2019Q4: 6.6%
Median existing single-family house prices finished off 2019 strongly, up 6.6% from the fourth quarter of 2018.

United States
Oil Inventories
February 07: 442.5 mil barrels
Crude oil inventories rose by much more than expected last week, which will weigh down oil prices.

United States
Treasury Budget
Jan. 2020: -$32.6 bil
The federal government has incurred a cumulative budget deficit of $389.2 billion in the first four months of fiscal 2020, compared with $310.3 billion over the same period last fiscal year.

» VIEW MORE ECONOMIC INDICATORS

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