Economy.com: Daily Update
| Today's Economy
Economic Roundup: New Year Quietly Underway House Speaker Johnson reelected as the 119th Congress is sworn in. Europe Daily Briefing: New Year, New Data As 2025 gets underway, Germany’s labour market signals continuing weakness. A Frosty Start to the New Year Lifts Natural Gas Prices U.S. gas prices are expected to retain their recent gains. Economic Roundup: Cooler Claims Unemployment insurance claims continue to head lower, signaling a healthy labor market. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Weekly Highlights and Preview, January 3, 2025 While December job growth undoubtedly slowed from a strong gain in November, payroll gains will remain in line with their recent average. Europe Weekly Highlights and Preview, 3 January 2025 We expect consumer price inflation in the euro zone to have accelerated in December. Asia-Pacific Weekly Highlights and Preview, 3 January 2025 Chinese inflation data will likely show that consumer prices rose just 0.2% y/y in December. China Chartbook: 2025 Preview China is in for a challenging year. » VIEW MORE COMMENTARY
Today's Economic Indicators
Germany
Unemployment
Dec. 2024: 6.1%
Germany’s labor market remains under mounting strain. Mexico
Employment Situation
Nov. 2024: 2.6% Unemployment
Mexico's unemployment rate marginally increased in November as job creation reduced significantly in an economy losing speed. United States
Monthly GDP
Nov. 2024: 0.1% m/m
According to Moody’s Analytics monthly estimate, U.S. real GDP increased by 0.1% in November. United States
ISM Manufacturing Index
Dec. 2024: 49.3
U.S. manufacturing activity contracted in December, though conditions did improve. United States
Natural Gas Storage Report
December 27: -116 bil cubic feet
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