Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Tuesday, July 12, 2016

Today's Economy


Economic Roundup: Signs Continue to Point to Rebound in U.S. GDP in Q2

Wholesale inventories boost our estimate, while small business sentiment improves in June.

U. S. Consumer Credit Quality Strong

Many delinquency rates are near record lows.

U.S. Wholesale Inventories Nudge GDP Higher

Stockpiles are still on track to subtract 0.5 percentage point from second quarter growth.

Ireland Scorched Through 2015

GDP growth spiked 26%, reflecting multinational activity and aircraft purchases.

» VIEW MORE TODAY'S ECONOMY



Commentary


China Outlook: The Cycle Turns Up

Housing drives a near-term upswing, although capital outflows remain an issue.

U.S. Macro Outlook: Resiliency Amid Turmoil

The U.S. economy has posted consistent gains despite a series of geopolitical and economic shocks.

U.S. Chartbook: Fast and Furious Job Growth Is Behind Us

May's jobs number rolled in like thunder and disappeared like smoke, but the trend is key.

U.S. Regional Outlook: Limited Risk From the U.K. Exit

Financial services and manufacturing may face some fallout from the British referendum.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Japan
Industry Activity Indexes
May. 2016: -0.7%
Japan’s tertiary activity struggled in May due to weakness in consumer and business activity.

Malaysia
Industrial Production
May. 2016: 2.7%
Malaysian industrial production is being supported by domestic demand while external factors continue to be a drag.

Germany
Consumer Price Index
Jun. 2016: 0.3%
Germany's annual national measure of CPI rose 0.3% in June, following a revised no change in May.

Germany
Foreign Trade
May. 2016: €22.2 bil
Germany's trade surplus narrowed to €22.2 billion in May from a revised €24.1 billion in the previous month.

United States
NFIB Small Business Survey
Jun. 2016: 94.5
Small-business confidence improved in June, but the outcome of the U.K. referendum could be a test in July.

India
Consumer Price Index
Jun. 2016: 5.8%
Rising prices in India suggest the disinflation trend over the past year is largely over.

India
Industrial Production
May. 2016: 1.2%
Factory conditions across India remain uneven, as the production momentum is showing little signs of rising in 2016.

Brazil
Retail Sales Index
May. 2016: -9.0%
The demand for retail consumption continued to contract significantly in May as the recession extended.

Russian Federation
Foreign Trade
May. 2016: US$7.5 bil
Russia’s merchandise trade surplus stood at $7.5 billion in May, a somewhat better reading than the $6.8 billion in April, as the change in exports outpaced that of imports. Low oil prices and geopolitical tensions are hurting Russia's trade balance.

Mexico
Industrial Production
May. 2016: 0.4%
The national industry continues to advance with prolonged weakness and well below potential capacity.

United States
Job Openings and Labor Turnover Survey
May. 2016: 3.7% openings rate
May's Job Openings and Labor Turnover Survey reflects the pause in net employment already seen in the monthly payroll report.

United States
Wholesale Trade (MWTR)
May. 2016: 0.1%
After an impressive April report, wholesale inventory growth pulled back slightly, coming in at 0.1% in May.

China
Foreign Trade
Jun. 2016:

Uruguay
Industrial Production
May. 2016: -0.1%
Factory output continued to slide in May as manufacturers grappled with frail internal demand and falling exports to Argentina and Brazil.

India
Foreign Trade
Jun. 2016:

South Korea
Employment
Jun. 2016:

» VIEW MORE ECONOMIC INDICATORS

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