Today's Economy Economic Roundup: Hope You Didn't Lose Sleep Over Initial Claims The jump in December proved to be short-lived with initial claims showing the job market is strong. Final Thoughts Ahead of December U.S. Employment We look for employment to have risen by 173,000 and the unemployment rate to have remained at 3.5%. LatAm Daily Briefing: Argentines Expect Lower Inflation Stability in the peso (in the official market) and reintroduction of price regulations have supported consumer optimism. Europe Daily Briefing: Euro Zone Unemployment Holds The unemployment rate should start to increase slowly in the coming months. » VIEW MORE TODAY'S ECONOMY
Commentary Mexico Outlook: Weak Recovery in 2020 After a year of stagnation in 2019, the economy will see mild growth. U.S. Chartbook: Off to the Races The new year will bring new challenges, but the economy has entered on a solid footing. 2020 Election Tracker Update: Trump Has the Wind at His Back The president's re-election chances improved slightly over the last month. U.S. Weekly Highlights and Preview, January 6, 2020 The focus this week will be on the December employment report. » VIEW MORE COMMENTARY
Today's Economic Indicators
Canada RPS House Price Index Dec. 2019: 3.0% House prices rose 0.1% in December across the 13 largest Canadian markets, causing year-ago price growth to rise to 3% from 2.8% in November. Euro Zone Unemployment Nov. 2019: 7.5% The euro zone unemployment rate matched expectations for November, staying unchanged at 7.5%. Germany Industrial Production Nov. 2019: 1.1% German industrial production rose by 1.1% m/m in November but was 2.7% lower than in the same month the previous year. Mexico Consumer Price Index Dec. 2019: 2.83% Mexico’s inflation ended 2019 with a declining trend and fell below the central target. Brazil Industrial Production Nov. 2019: -0.7% Unexpectedly, Brazil’s industry reported a mild contraction in November after recovering in the past two months. Canada Housing Starts Dec. 2019: 197 ths Residential construction in Canada took a step back in December. United States Industry GDP 2019Q3: 2.06 ppt, SAAR Though the economy has moderated, a fair number of industries are contributing to growth. Canada Building Permits Nov. 2019: -2.4% The total value of building permits issued in Canada decreased 2.4% to $8.1 billion in November. United States Jobless Claims January 04: 214,000 The U.S. labor market is chugging along, as jobless claims remain very low. United States St. Louis Fed Financial Stress Index January 03: -1.42 Financial market stress decreased in the week ended January 3. United States Natural Gas Storage Report January 03: -44 bil cubic feet The decrease in natural gas inventories was below analyst expectations, which will hurt prices. United States California Manufacturing Survey 2020Q1: 59.6 The first-quarter California Purchasing Managers' Composite Index, measuring expectations of overall manufacturing activity, clocked in at 59.6. China Monetary Aggregates Dec. 2019: China Foreign Trade Dec. 2019: Australia Retail Sales Nov. 2019: » VIEW MORE ECONOMIC INDICATORS |