| Today's Economy
Economic Roundup: U.S. New-Home Sales Thaw in December Sales increase for second consecutive month as lower mortgage rates help. The Economy.com Podcast: Global Demographics Economists Maria Cosma and Emily Fazio discuss the ramifications of the aging global population. Lower Mortgage Rates Help U.S. New-Home Sales December numbers were better than expected, and the trend is no longer deteriorating. Europe Daily Briefing: Tuesday Was Good for Europe Despite the gains, euro zone GDP should grow just 0.2% y/y in the first quarter. » VIEW MORE TODAY'S ECONOMY
Commentary
Canada Outlook: That’ll Leave a Bruise The drop-off in investment spending over the past two quarters suggests a sluggish start to 2019. U.S. Weekly Highlights and Preview, March 4, 2019 All eyes are on employment. U.S. Chartbook: Setting Expectations First quarter GDP growth has disappointed in this expansion, and odds are that the first three months of 2019 will be no different. Tariffs Tracker: Delay, Then a Deal? Trump has said a U.S.-China trade agreement would eventually conclude in a Florida summit with Xi Jinping. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States
CoreLogic Home Price Index
Jan. 2019: 4.4%
The CoreLogic Home Price Index increased 4.4% year over year in January, its slowest growth since 2012. Euro Zone
Retail Sales
Jan. 2019: 1.3%
Euro zone retail sales rose by an above-consensus 1.3% m/m in January, almost fully reversing the previous month’s 1.4% decline. Italy
GDP
2018Q4: -0.1%
Italy’s economy contracted 0.1% with respect to the previous quarter in the final stanza of 2018. Chile
Monthly Economic Activity Indicator
Jan. 2019: 2.4%
Economic activity decelerated further at the start of the year as production converged to a more consistent performance. Colombia
Consumer Price Index
Feb. 2019:
United States
New-Home Sales
Dec. 2018: 621,000
New-home sales rebounded in December, increasing 3.7% from the revised November total. However, this increase was more than offset by a downward revision to November sales, so that new-home sales are still down year over year by 2.4%. United States
ISM Nonmanufacturing Index
Feb. 2019: 59.7
The ISM nonmanufacturing survey's composite index popped in February, a sign that the breadth of growth in this segment of the economy is expanding again. United States
Moody’s Analytics Policy Uncertainty Index
March 01: 129.6
The four-week moving average in our U.S. policy uncertainty index came in at 129.6 in the week ended March 1, down slightly from 130.5. United States
Treasury Budget
Jan. 2019: $8.7 bil
Federal fiscal conditions continue to deteriorate. Australia
GDP
2018Q4:
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