| Today's Economy
Europe Daily Briefing: The Brexit Ball Is Now in EU's Court The U.K. Parliament voted to extend Article 50. U.S. New-Home Sales Drop Nearly 7% in January The good news is that the trend has improved some. FOMC Preview: Putting Pen to Paper The Fed's new interest rate projections will strengthen its recent dovish shift. Initial Claims Suggest U.S. Labor Market Has Cooled After some weakening in job growth, we anticipate that it will improve in March. » VIEW MORE TODAY'S ECONOMY
Commentary
What Happens After May's Bitter Defeat? An extension of Article 50 is likely, but this doesn’t mean Brexit is resolved. The Next Budget Battle in Washington DC Trump’s budget, though a wish list, kicks off the next showdown over the federal budget. U.S. Chartbook: Economy Hits a Big Bump A trifecta of factors will cause GDP growth to be soft this quarter. Global Outlook: Weaker Growth, Pervasive Downside Risks Elevated geopolitical risks threaten to accelerate the slowdown in global demand. » VIEW MORE COMMENTARY
Today's Economic Indicators
Germany
Consumer Price Index
Feb. 2019: 1.6%
Germany's annual national measure of inflation accelerated slightly in February to 1.6% y/y, after slowing to 1.4% in January, due to a stronger increase in the prices of food and energy. France
Consumer Price Index
Feb. 2019: 1.6%
France's EU-harmonized inflation rate accelerated to 1.6 % y/y in February but remains far from its near-term peak of 2.5% in October. Brazil
Retail Sales Index
Jan. 2019: 1.9%
Brazil’s retail consumption gained some strength at the beginning of the year in a more positive economic climate. Canada
New Housing Price Index
Jan. 2019: -0.1%
The Canadian market for new houses is backpedaling. Canada
New Motor Vehicle Sales
Jan. 2019: -6.9%
Depressed consumer and business sentiment, combined with higher interest rates, continue to weigh down spending on motor vehicles. United States
Jobless Claims
March 09: 229,000
The U.S. labor market is in fine shape as jobless claims remain low despite an increase over the past week. United States
Import and Export Prices
Feb. 2019: 0.6%
The increase in import prices in February was driven by energy prices, and we find few details that alter our belief that inflation will remain muted in the first half of this year. Russian Federation
Foreign Trade
Jan. 2019: US$13.4 bil
Russia’s trade surplus cratered in January, falling to US$13.4 billion. United States
St. Louis Fed Financial Stress Index
March 08: -1.22
The St. United States
New-Home Sales
Jan. 2019: 607,000
As expected from the weak residential construction data, new single-family home sales fell with a thud in January. Sales fell 6.9% from the revised December data, and are also down by 4.1% from January 2018. Falling sales in the Northeast, Midwest, and South more than offset a significant increase in sales for the West. However, once upward revisions for the previous three months are taken into account, new-home sales have actually increased, though not enough to level off the downward trend over the past year. United States
Natural Gas Storage Report
March 08: -204 bil cubic feet
The decline in natural gas inventories was roughly in line with analyst expectations, which will have little effect on gas prices. Colombia
Industrial Production
Jan. 2019: 3.0%
Manufacturing output expanded 3% y/y in January after contracting 0.8% in the previous month. Argentina
Consumer Price Index
Feb. 2019: 51.3%
The statistics office’s national consumer price index increased 3.8% in February, up from 2.8% in the previous month and 2.4% a year earlier. Uruguay
Industrial Production
Jan. 2019: 1.3%
Industrial production in Uruguay recovered in January, reversing course after a significant decline last month to advance 1.3% on an annual basis. United States
CreditForecast.com Household Credit Report
Feb. 2019: 4.01%
U.S. household credit balances expanded by 0.17%, or $22 billion, in February. » VIEW MORE ECONOMIC INDICATORS | 
