Economy.com: Daily Update
| Today's Economy
Happy Holiday Our U.S. offices will be closed Wednesday for Juneteenth. Economic Roundup: Big Day for Data A flurry of economic data in the U.S. will contribute positively to growth in the second quarter. U.S. High-Frequency GDP Update Real GDP is growing at an annualized 1.4% in the second quarter. LatAm Daily Briefing: U.S. Election Will Have a Measurable Impact Regardless of who wins, expect changes in the regional outlook. » VIEW MORE TODAY'S ECONOMY
Commentary
Euro Zone Risk Matrix: Trade Tensions Back in View China may retaliate with tariffs of its own. U.S. Risk Matrix: Isolationism and Its Costs Increased tensions between the U.S. and China, through tariffs and financial sanctions, will boost prices. U.S. Chartbook: The Fight Goes On The Federal Reserve needs more evidence that inflation is moving in the right direction before cutting interest rates. Lots of Red Flags, but No Action What has caused several tried-and-true U.S. recession indicators to throw false positives? » VIEW MORE COMMENTARY
Today's Economic Indicators
Australia
Monetary Policy
Jun. 2024: 4.35%
At its June meeting, the Reserve Bank of Australia again held the cash rate steady at 4.35%. Austria
Consumer Price Index
May. 2024: 3.4% y/y
Austria's CPI came in at 3.4% year over year in May, a 0.1-percentage point fall from April. Euro Zone
Consumer Price Index
May. 2024: 2.6% y/y
The euro zone’s HICP inflation rate was confirmed at 2.6% year over year in May, up from 2.4% in April. Portugal
Consumer Price Index
May. 2024: 3.1%
Inflation surged to 3.1% in May, the highest since September. United States
Retail Sales
May. 2024: 0.1%, m/m
Retail sales perked back up slightly in May, despite falling gasoline prices, following a weak April. United States
Industrial Production
May. 2024: 0.9% m/m
U.S. industrial production rose sharply in May, exceeding expectations. United States
Business Inventories (MTIS)
Apr. 2024: 0.3% m/m
Business inventories rose 0.3% in April, right on par with consensus and besting the previous month's reading of a 0.1% decline. United States
State and Local Government Tax Revenue
2024Q1: 1.9% y/y
State tax revenues saw a milder gain on a year-ago basis in the first quarter compared with the previous quarter’s increase. United States
Treasury International Capital Flows
Apr. 2024: $123.1 bil
Chile
Monetary Policy
Jun. 2024:
Japan
Foreign Trade
May. 2024:
» VIEW MORE ECONOMIC INDICATORS |
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