| Today's Economy
Euro Zone's Got Rhythm GDP printed at 0.6% in the closing stanza, pushing growth to a multiyear high in 2017. Mexico Decelerates for 2017 The economy lost strength in the year prior to elections. U.S. Dollar Could Cause Headaches for Central Banks ECB may not be equipped to handle the dollar's depreciation, while others could be more patient. Japan's Cracking 2017 The labour market kept tightening and the consumer was reinvigorated last year. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. State and Local Outlook: Under Pressure The prospects for spending are dour despite good underlying economic conditions. U.S. Chartbook: Exceeding Potential With the output gap in positive territory, we expect further declines in the unemployment rate. U.S. Weekly Highlights and Preview, January 26, 2018 Our preliminary forecast is for nonfarm payrolls to have risen by 205,000 jobs in January. Europe Weekly Highlights and Preview, 26 January, 2018 Euro zone momentum sparks optimism. » VIEW MORE COMMENTARY
Today's Economic Indicators
France
GDP
2017Q4: 0.6%
France's preliminary GDP numbers were again strong and showed that the economy expanded by 0.6% q/q in the fourth quarter, accelerating slightly from a downwardly revised 0.5% gain in the third stanza. France
Household Consumption Survey
Dec. 2017: -1.2%
French household consumption disappointed and fell by 1.2% m/m in December, though this has to be seen in the context of a sharp upward revision to November’s 3% jump. Italy
Consumer and Business Confidence
Jan. 2018: 105.6
Euro Zone
Business and Consumer Sentiment
Jan. 2018: 114.7
The euro zone's economic confidence indicator shed 0.6 point in January but remained close to December’s 17-year high. Euro Zone
Preliminary GDP
2017Q4: 0.6%
The euro zone's economy expanded by 0.6% q/q in the fourth quarter, a little shy of the upwardly revised 0.7% gain previously, matching our expectations and the consensus. United States
S&P CoreLogic Case-Shiller® Home Price Indexes
Nov. 2017: 6.4%
Existing-home price appreciation accelerated across the board in the three months ending in November compared with the same period in October. United States
Conference Board Consumer Confidence
Jan. 2018: 125.4
Consumer confidence recovered partially in January, with the Conference Board index rising 2.3 points to 125.4, from a revised 123.1 in December. United States
Risk of Recession
Dec. 2017: 8%
This expansion is well on its way to being the second longest on record and odds are rising that it ultimately will become the longest. United States
Housing Vacancies & Homeownership
2017Q4: 64.2%
The homeownership rate trended upward at the end of 2017, coming in at 64.2%, a slight uptick from 63.9% in the third quarter of 2017. United States
Moody’s Analytics Policy Uncertainty Index
January 26: 101.0
Policy uncertainty inched higher and remains elevated. Thailand
Industrial Production
Dec. 2017:
United States
Agricultural Prices
Dec. 2017: 0.8%
Agricultural prices recorded a second consecutive monthly increase in December, rising 0.8% from November. South Korea
Industrial Production
Dec. 2017:
South Korea
Retail Sales
Dec. 2017:
United Kingdom
Consumer Confidence
Jan. 2018:
Australia
Consumer Price Index
2017Q4:
Japan
Industrial Production
Dec. 2017:
China
Manufacturing PMI
Jan. 2018:
Thailand
Industrial Production
Dec. 2017:
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