Today's Economy Economic Roundup: The Calming Effect of U.S. Initial Claims The trend looks more solid and has distanced itself from our estimate of the break-even level. Q4 U.S. GDP Revised Lower but Trend Remains Solid The biggest surprise was net exports, now shown to be less of a drag. Turkey Falls Into Recession The country’s woes continued as GDP fell in the third and fourth quarters of 2018. Europe Daily Briefing: More Gloom, More Uncertainty Sentiment has soured in the euro zone, while Brexit gets murkier by the day. » VIEW MORE TODAY'S ECONOMY
Commentary Brazil Outlook: Advancing With Stability The recovery will strengthen in 2019. U.S. Chartbook: Don’t Call It a Comeback The economy wobbled into 2019 but a turnaround appears to be under way. U.S. Weekly Highlights and Preview, March 22, 2019 Fourth quarter GDP will likely be revised lower, to 2.1%. U.S. Employment Outlook: Immigration and the Labor Force If all immigration stopped, labor force growth would be cut by more than half in coming decades. » VIEW MORE COMMENTARY
Today's Economic Indicators
Euro Zone Business and Consumer Sentiment Mar. 2019: 105.5 The euro zone's business and consumer sentiment index dropped 0.7 point to 105.5. United States Jobless Claims March 23: 211,000 The collective psyche and the labor market are critical in ensuring that the soft patch in the U.S. economy doesn’t turn into anything worse. United States GDP 2018Q4: 2.2% Fourth-quarter U.S. United States St. Louis Fed Financial Stress Index March 22: -1.28 The St. United States Pending Home Sales Feb. 2019: 101.9 The pending home sales index edged down 1% to 101.9 in February on a seasonally adjusted basis. Colombia Monetary Policy Mar. 2019: 4.25% Colombia’s central bank board left the reference interest rate unchanged in March. United States Natural Gas Storage Report March 22: -36 bil cubic feet The decline in natural gas inventories was roughly in line with analyst expectations, which will have little effect on gas prices. United States Kansas City Fed Manufacturing Survey Mar. 2019: 10 Manufacturing conditions within the 10th District accelerated in March, as the composite index rose from 1 in February to 10 in March. Mexico Monetary Policy Mar. 2019: 8.25% The Central Bank of Mexico kept monetary conditions on pause in March as inflation recedes. United States Agricultural Prices Feb. 2019: 4.9% The Agricultural Prices Received Index rose 4.9% in February thanks to a rebound in the crop production index. Argentina Economic Activity Indicator Jan. 2019: -5.7% The Argentina statistics office’s monthly economic activity index (IMAE) fell 5.7% y/y in January after dropping 6.6% in the previous month. South Korea Retail Sales Feb. 2019: Japan Employment Situation Feb. 2019: Japan Industrial Production Feb. 2019: Japan Retail Sales Feb. 2019: » VIEW MORE ECONOMIC INDICATORS |