Today's Economy Economic Roundup: Steady as She Goes First quarter U.S. GDP still tracking 2%; Fed talking more about its balance sheet. It's Back: The U.S. Debt Ceiling The limit will be reinstated in mid-March, with the big battle in the summer or fall. U.S. Wholesale Inventories Were Uneventful Both Q4 and Q1 GDP are still tracking 2%. Mexico’s Inflation Unleashed Consumer prices are realigning to correct accumulated lags. » VIEW MORE TODAY'S ECONOMY
Commentary Is the Slide in U.S. Initial Claims Too Good to Be True? Weather and seasonal factors are depressing new filings. Asia-Pacific Economic Preview: 13-17 February China’s January data barrage will paint an upbeat picture of the economy. Germany Outlook: Political Uncertainty May Overshadow Economy Tailwinds supporting growth over the last few years will likely subside. U.S. Chartbook: Less Pressure on the Fed There is room for improvement on the supply-side of the economy. » VIEW MORE COMMENTARY
Today's Economic Indicators
Germany Foreign Trade Dec. 2016: €18.4 bil Germany's trade surplus narrowed to €18.4 billion in December from €21.8 billion in the previous month. United States Tech Pulse Jan. 2017: 82.8 The Federal Reserve’s Tech Pulse Index extended its upward march in January. United States Jobless Claims February 04: 234,000 There is little doubt the labor market is in good shape. Canada New Housing Price Index Dec. 2016: 3.0% Despite some growing signs of weakness in the larger Vancouver market, Canadian house prices are on solid ground. Mexico Consumer Price Index Jan. 2017: 4.7% As expected, annual inflation rebounded significantly at the beginning of the year as a result of more general price realignments. United States St. Louis Fed Financial Stress Index February 03: -1.21 The St. United States NAR Metro Prices 2016Q4: 5.7% The fourth quarter data from the National Association of Realtors point to tight housing markets pushing up on house price growth. United States Wholesale Trade (MWTR) Dec. 2016: 1.0% The inventory build impressed again in December. United States Natural Gas Storage Report February 03: -152 bil cubic feet The fall in natural gas in storage roughly matched analyst expectations, which will have little effect on prices. Philippines Industrial Production Dec. 2016: China Foreign Trade Jan. 2017: Argentina Consumer Price Index Jan. 2017: 1.3% The statistics office’s new consumer price index, which covers the Buenos Aires metro area, increased 1.3% in January, after 1.2% in the previous month. Mexico Monetary Policy Feb. 2017: 6.25% Mexico’s central bank continued to tighten monetary conditions, as inflation has rebounded strongly since the beginning of the year. Japan Industry Activity Indexes Dec. 2016: Malaysia Industrial Production Dec. 2016: Australia Housing Finance Dec. 2016: Peru Monetary Policy Feb. 2017: » VIEW MORE ECONOMIC INDICATORS |