Today's Economy Economic Roundup: Fed Officials Singing Same Tune The central bank signals a rate hike is coming, as it appears to be worried it is behind the curve. U.S. Vehicle Sales Point Toward Weaker Q1 Consumer Spending Auto inventories are rising, but the implications for near-term factory production are small. Japan Looks Beyond China to Invest Among factors, Beijing efforts to reform the economy at the expense of growth mean there are fewer opportunities. West Leads U.S. in Solar Energy Production California produces about half of the nation's solar energy. » VIEW MORE TODAY'S ECONOMY
Commentary The Bill for U.S. Healthcare Keeps Rising Expenditures are projected to consume 20% of GDP by 2025. Global Outlook: A Little Faster Growth in an Uncertain World The driver will be more fiscal stimulus measures. Fed Talks the Talk but May Not Walk the Walk The central bank may have unintentionally pulled expectations too far forward. U.S. Chartbook: Happy Consumer, Healthy Economy Spillover from the strong labor market has permeated the broader economy. » VIEW MORE COMMENTARY
Today's Economic Indicators
Spain GDP 2016Q4: 0.7% Spain's aggregate real output expanded 3% y/y in the closing quarter of 2016, down from 3.4% in the previous stanza. Italy Unemployment Jan. 2017: 11.9% Italy's unemployment rate remained at 11.9% in January, after the statistical office revised December’s figures down from an originally announced 12%. Russian Federation Reserve Fund Mar. 2017: 0.93 tril After an uneventful January, the Russian reserve fund resumed its decline in February. Euro Zone Preliminary Consumer Price Index Feb. 2017: 2% The euro zone's annual harmonized inflation accelerated to 2% in February from 1.8% in the previous month. Euro Zone Producer Price Index Jan. 2017: 3.5% Euro zone producer prices again surprised markets heavily on the upside and rose by a strong 3.5% y/y in January following a 1.6% increase a month earlier. Euro Zone Unemployment Jan. 2017: 9.6% The euro zone labour market started the year on a positive note. Germany Vehicle Registration Feb. 2017: -3.1% New-vehicle registrations in Germany fell by 3.1% y/y in February, following a 9% jump in the previous month. United States Semiconductor Billings Jan. 2017: Canada GDP 2016Q4: 2.6% Canada recorded solid headline GDP growth in the fourth quarter, but the details of the report paint a less rosy picture. Canada Industry Output Dec. 2016: 0.3% The Canadian economy again showed that it is growing at a steady and healthy pace. United States Moody's Analytics Beige Book Index Feb. 2017: 117 The Moody's Analytics Beige Book Index came in with a rating of 117 for March's edition of the Federal Reserve report, continuing its steady ascent since November. United States Jobless Claims February 25: 223,000 Initial claims are too good to be true. United States ISM - NY Report Feb. 2017: 51.3 New York's economy is moving in the right direction, but some deceleration is taking place, according to the February New York City ISM Survey. United States St. Louis Fed Financial Stress Index February 24: -1.29 The St. United States Natural Gas Storage Report February 24: 7 bil cubic feet Natural gas stocks surprised analysts by beginning to rise, which will put downward pressure on prices. Malaysia Foreign Trade Jan. 2017: Brazil Foreign Trade Feb. 2017: US$4.56 bil February marked another positive entry into Brazil’s trade ledger. South Korea Consumer Price Index Feb. 2017: Japan Consumer Price Index Jan. 2017: Japan Employment Situation Jan. 2017: Japan Household Expenditures Survey Jan. 2017: » VIEW MORE ECONOMIC INDICATORS |