| Today's Economy
Economic Roundup: World Economy Is Chugging Along Global GDP rose 3% at an annualized rate in the fourth quarter of 2017, but risks are mounting. U.S. Digital Economy Is a New Frontier From 2006 to 2016, the digital economy outpaced overall U.S. economic growth. Europe Daily Briefing; Euro Zone's Headline Inflation Is a Wild Card Details suggest an upward revision, but country data don't. Hurricane-Related Payback Hurt U.S. Retail Sales This appears to be behind us now. » VIEW MORE TODAY'S ECONOMY
Commentary
FOMC Preview: Watching the Dots The meeting will be more hawkish than a 25-basis point hike would imply. Australia Housing Outlook: Diverging Prospects The national housing market is slowing, with Sydney leading the charge. Asia-Pacific Weekly Highlights and Preview, 16 March, 2018 All eyes will be on Japan’s February core inflation print, but don't expect fireworks. U.S. Trade Policy: Pride and Protectionism Generally, tariffs make more political than economic sense. » VIEW MORE COMMENTARY
Today's Economic Indicators
World
Moody's Analytics Global GDP
2017Q4: 3.0%
The global economy is doing well and for the first time in nearly 10 years; no major developed economy is in recession. France
Consumer Price Index
Feb. 2018: 1.3%
France's annual harmonised inflation printed at 1.3% in February, down from 1.5% in January, as seasonal factors dragged on price growth and as energy inflation stabilized. Peru
Unemployment
Feb. 2018: 8%
The labor market in the Lima metropolitan area continues to show signs of strain. United States
Jobless Claims
March 10: 226,000
The U.S. labor market continues to tighten. Canada
ADP Canada National Employment Report
Feb. 2018: 32,676
Job growth continues at a solid pace. United States
Import and Export Prices
Feb. 2018: 0.4%
The ingredients needed for a gradual but sustained acceleration in U.S. inflation are falling into place as the slack in the economy is diminishing and the U.S. is importing some inflation. United States
NY Empire State Manufacturing Survey
Mar. 2018: 22.5
New York’s manufacturers remain in good shape, according to the March Empire State Manufacturing Survey. United States
Philadelphia Fed Survey
Mar. 2018: 22.3
Manufacturing conditions are better than would appear from the Philadelphia Fed manufacturing survey’s general business conditions index. United States
NAHB Housing Market Index
Mar. 2018: 70
Homebuilder sentiment edged down 1 point to 70 in March. United States
St. Louis Fed Financial Stress Index
March 09: -1.11
Financial stress conditions were little changed last week, despite a rebound in U.S. equity markets. United States
Natural Gas Storage Report
March 09: -93 bil cubic feet
The drawdown in natural gas inventories was roughly in line with industry analyst expectations, which will have little effect on gas prices. India
Foreign Trade
Feb. 2018:
United States
Treasury International Capital Flows
Jan. 2018: $62.1 bil
Net long-term inflows accelerated in January. Singapore
Foreign Trade
Feb. 2018:
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