| Wednesday, January 22, 2020 |
| Today's Economy
Low Interest Rates Enhance Credit Quality Mortgage refinancing applications were up 98% from the prior year. Economic Roundup: U.S. Existing-Home Sales Pop in December Housing will add to fourth-quarter 2019 GDP growth and into early this year. Odds of U.S. GDP Growth Under 1% This Year Remain Low We are adding more tools to our kit for tracking recession. LatAm Daily Briefing: Beyond Phase One Slower trend growth in China paints a gloomy picture for the region over the next few years. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Employment Outlook: More Jobs for Women The ascendancy of females in the labor force in recent years stems more from the composition of growth drivers. U.S. Chartbook: Retail's Strong December Industrial production fell as unseasonably warm weather reduced heating needs. U.S. Consumer Outlook: Balance Sheets Support Spending Less There will be less wealth-effect spending, and borrowing is a little more limited. U.S. Weekly Highlights and Preview, January 20, 2020 Existing-home sales likely rose somewhat in December. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States
MBA Mortgage Applications Survey
January 17: -1.2%
Mortgage applications fell 1.2% over the week of January 17, with both the refinance and purchase indexes moving down. Canada
Consumer Price Index
Dec. 2019: 2.2%
Inflation held steady as 2019 came to a close. Canada
New Housing Price Index
Dec. 2019: 0.1%
After November's 0.1% dip, the Canadian New Housing Price Index has resumed its upward trajectory to rise by 0.2% month to month. Canada
Wholesale Trade
Nov. 2019: -1.2%
Wholesale sales declined 1.2% to C$63.2 billion in November, the third decline in five months. United States
Chicago Fed National Activity Index
Dec. 2019: -0.35
The pace of U.S. economic activity slowed in December. United States
FHFA Purchase-Only House Price Index
Nov. 2019: 4.9%
The Federal Housing Finance Agency Purchase-Only House Price Index increased 4.9% on a year-ago basis in November. United States
Existing-Home Sales
Dec. 2019: 5.54 mil
Existing-home sales closed 2019 on a strong note, increasing 3.6% in December 2019 and by 10.8% since December 2018. Canada
Monetary Policy
Jan. 2020: 1.75%
The Bank of Canada did not make any adjustment to interest rates at its first meeting of 2020, but it did revise down its economic outlook for the year and, in turn, issued more dovish forward guidance. Japan
Foreign Trade
Dec. 2019:
Australia
Employment Situation
Dec. 2019:
Philippines
GDP
2019Q4:
» VIEW MORE ECONOMIC INDICATORS |
|
| SURVEY OF BUSINESS CONFIDENCE Be A Part Of The Results Help shape the outcome of the Survey of Business Confidence and gain exclusive insight to shifts in global business confidence. » Learn More
|
| Contact Us | Visit us online, email [email protected], or use one of the numbers below: Americas
+1.866.275.3266 Europe
+44.20.7772.5454 Asia/Pacific
+852.3551.3077 All Others
+1.610.235.5299 |
|
|
| We respect your right to privacy - View our privacy policy | | You are receiving this email as a subscriber to Economy.com.
If you wish to unsubscribe from the Economic Roundup, please click here. This email was sent by Moody's Analytics
121 North Walnut Street, Suite 500s
United States
|
|
|
|
-----------------------------------------Moody's monitors email communications through its networks for regulatory compliance purposes and to protect its customers, employees and business and where allowed to do so by applicable law. The information contained in this e-mail message, and any attachment thereto, is confidential and may not be disclosed without our express permission. If you are not the intended recipient or an employee or agent responsible for delivering this message to the intended recipient, you are hereby notified that you have received this message in error and that any review, dissemination, distribution or copying of this message, or any attachment thereto, in whole or in part, is strictly prohibited. If you have received this message in error, please immediately notify us by telephone, fax or e-mail and delete the message and all of its attachments. Every effort is made to keep our network free from viruses. You should, however, review this e-mail message, as well as any attachment thereto, for viruses. We take no responsibility and have no liability for any computer virus which may be transferred via this e-mail message.
-----------------------------------------
g:BE58046BF84B4BD99CFB071650E6DEC2 d:56206D1ABAE241BA943476ABAF50BD3D
