Today's Economy As Congress Turns to Tax Reform, CBO Warns on the Federal Debt Sooner or later, U.S. lawmakers must reckon with soaring debt levels. Modest Upward Revision to Q4 U.S. GDP The Volkswagen settlement held back already-weak corporate profit growth. Economic Briefing: U.S. Q4 GDP Likely a Whisker Weaker We expect GDP hit 1.8% annualized, from the previous 1.9% estimate; Investment is the main driver. Cyclone Brings Whitewash for Aussie Exports Australia’s economy will likely take a hit due to weaker exports. » VIEW MORE TODAY'S ECONOMY
Commentary Canada Outlook: Recovery Gains Strength The economy begins 2017 with solid momentum. Spain Outlook: On the Cusp of Expansion Growth bests the euro zone average, but risks are weighted to the downside. Colombia Outlook: Growing Below Capacity Deteriorating confidence and restrictive policies take a toll. New Zealand Outlook: Sitting Pretty The economy is in its eighth year of uninterrupted growth. » VIEW MORE COMMENTARY
Today's Economic Indicators
Euro Zone Business and Consumer Sentiment Mar. 2017: 107.9 The euro zone's economic sentiment indicator dipped to 107.9 in March from 108 in the previous month. Brazil Retail Sales Index Jan. 2017: -7.0% Brazil’s household consumption reported annual contraction in January as employment remained weak. Chile Manufacturing Production Feb. 2017: -1.0% Chile’s industry is contracting as the structural weakness persists. Canada Industrial Product and Raw Materials Price Indexes Feb. 2017: 0.1% Higher prices for animals and animal-related products supported gains in both price indexes. United States Jobless Claims March 25: 258,000 Initial claims for unemployment insurance benefits slipped in the week ended March 25, dipping from 261,000 to 258,000. United States GDP 2016Q4: 2.1% U.S. United States St. Louis Fed Financial Stress Index March 24: -1.32 The St. United States Natural Gas Storage Report March 24: -43 bil cubic feet Natural gas stocks fell in line with analyst expectations, which will have little effect on prices. Mexico Monetary Policy Mar. 2017: 6.50% A United States Agricultural Prices Feb. 2017: 6.1% Agricultural prices were a pleasant sight in February, increasing 6.1% to 91.7. Argentina Industrial Production - Advance Feb. 2017: -6.0% According to Argentina’s statistics office, Indec, industrial output contracted 6% y/y in February NSA, after a 1.1% drop in January. South Korea Industrial Production Feb. 2017: South Korea Retail Sales Feb. 2017: United Kingdom Consumer Confidence Mar. 2017: Japan Consumer Price Index Feb. 2017: Japan Employment Situation Feb. 2017: Japan Household Expenditures Survey Feb. 2017: Japan Industrial Production Feb. 2017: China Manufacturing PMI Mar. 2017: » VIEW MORE ECONOMIC INDICATORS |