Today's Economy Jobs Weakness Due to Less Hiring, Not More Firing U.S. jobless claims suggest reasons for the recent downshift in employment growth. U.S. New-Home Sales Take a Step Back The leading indicators for homebuilding remain soft. Euro Zone Growth Cools as Summer Heats Up Growth is uneven across countries and sectors. Economic Briefing: No Letup for Japan’s Economy Singapore’s prices continue their slide. » VIEW MORE TODAY'S ECONOMY
Commentary Latin America Economic Preview: 27 June-1 July Argentina's economy likely has swung to contraction. Asia-Pacific Economic Preview: 27 June-1 July Japanese struggles bolster the case for further stimulus measures. India Outlook: Reforms Could Fuel Further Growth We see GDP of 7.6% in 2016 and 7.7% in 2017. U.S. Credit Outlook: Mounting Risks The aftershocks of a volatile first quarter linger. » VIEW MORE COMMENTARY
Today's Economic Indicators
France Business Survey Jun. 2016: 102.0 French manufacturers’ sentiment declined to 102 in June from 104 in the previous month. Italy Industrial New Orders Apr. 2016: 1.0% Italy's new industrial orders rose by 1% in April, reversing the 3.4% decline in March. Taiwan Domestic Trade May. 2016: 0.9% Household spending remains upbeat in Taiwan, but downside risks mount. Taiwan Industrial Production May. 2016: 1.9% Taiwanese manufacturing improved in May but faces ongoing difficulties as export demand remains downbeat. Germany House Price Index May. 2016: 1.5% New-home prices rose 1.5% y/y in May, following a 1.4% gain in the previous month. United States Chicago Fed National Activity Index May. 2016: -0.51 The pace of U.S. economic growth ebbed in May because of a sharp decline in production-related indicators, according to the Chicago Fed National Activity Index, which fell to -0.51 from 0.05 in April. United States Jobless Claims June 18: 259,000 New filings slipped 18,000 from 277,000 to 259,000 in the week ended June 18. Mexico Economic Activity Index Apr. 2016: 3.0% Economic activity rebounded in April, after a strong deceleration in the previous month. United States Conference Board Leading Indicators May. 2016: -0.2% May’s disappointing payroll data soured expectations. United States St. Louis Fed Financial Stress Index June 17: -0.868 Financial market conditions increased as markets digested the release of mixed economic indicators and dovish comments by Federal Reserve officials. United States New-Home Sales May. 2016: 551,000 New-home sales continue to show volatility. United States Natural Gas Storage Report June 17: 62 bil cubic feet Natural gas inventories increased by more than analysts predicted, and the rise will put downward pressure on prices. United States Kansas City Fed Manufacturing Survey Jun. 2016: 2 Manufacturing conditions in the Kansas City Fed District improved significantly in May, with the composite index jumping 7 points to 2. » VIEW MORE ECONOMIC INDICATORS |