Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Thursday, March 09, 2017

Today's Economy


Final Thoughts Ahead of February U.S. Employment

We have raised our forecast and now look for a 235,000 rise in the nonfarm jobs number.

ECB Slowly Moves to Less Support

The bank increased its GDP and CPI forecasts for this and next year.

Price, Trade Data Boost Q1 GDP for China

Growth is tracking at 6.5% year over year.

Korea Can’t Catch a Break

Tension with China, a political scandal, and rising private debt pose risks to Korea’s growth outlook.

» VIEW MORE TODAY'S ECONOMY



Commentary


LatAm Remittances Reach New Peak

A greater percentage of migrants are sending money back home.

The Weather Outside Is Delightful

The winter has been unseasonably warm, likely boosting U.S. job growth more than GDP.

Japan Outlook: Small Improvements

Policymakers are out of ideas; both monetary and fiscal stimulus measures unlikely to change.

Euro Zone Outlook: Stoic Optimism

The economy remains surprisingly resilient to many headwinds.

» VIEW MORE COMMENTARY



Today's Economic Indicators


France
Nonfarm Payrolls
2016Q4: 16.2 mil
Employment in France continued on an upward trend for the seventh quarter in a row, as growth in temporary jobs boosted the aggregate number.

OECD
Composite Leading Indicators
Jan. 2017: 100.0
The OECD composite leading indicator moved incrementally higher in January, after posting no change in December.

United States
Challenger Report
Feb. 2017: 36,957
The Challenger report provides another piece of evidence that labor market conditions remained in good health in February.

Euro Zone
Monetary Policy
Mar. 2017: 0.0%
Despite accelerating inflation and stronger growth momentum, the European Central Bank maintained its ultra-loose policy stance in March.

Canada
Industrial Capacity Utilization
2016Q4: 82.2%
Industrial capacity utilization edged higher in the final three months of 2016, driven mostly by an increase in the mining and oil and gas extraction category.

United States
Jobless Claims
March 04: 243,000
Layoffs remain low, but initial claims for unemployment insurance benefits are less useful this time of year in gauging the broader health of the labor market.

United States
Import and Export Prices
Feb. 2017: 0.2%
Growth in U.S. import prices were a touch stronger than expected in February, rising 0.2%.

Mexico
Consumer Price Index
Feb. 2017: 4.9%
Annual inflation continues to go up at rates above the target's upper limit as prices continue to realign.

United States
Quarterly Services Survey
2016Q4:
U.S. selected services total revenue for the fourth quarter of 2016, was up by 6% from the fourth quarter of 2015 on a not seasonally adjusted basis.

United States
St. Louis Fed Financial Stress Index
March 03: -1.3
The St.

United States
Natural Gas Storage Report
March 03: -68 bil cubic feet
Natural gas stocks fell by more than market analysts were expecting, which will put some upward pressure on gas prices.

Philippines
Industrial Production
Jan. 2017:

United States
Financial Accounts - Households
2016Q4: $92.81 tril
Household wealth grew strongly again in the fourth quarter, and should be providing modest support to consumer spending.

United States
Financial Accounts - Nonfinancial Corporate
2016Q4: $23.69 tril
Nonfinancial corporate business balance sheets continue to improve behind a strengthening U.S. economy.

Argentina
Consumer Price Index
Feb. 2017: 2.5%
The statistics office’s new consumer price index, which covers the Buenos Aires metro area, increased 2.5% in February after 1.3% in the previous month.

Australia
Housing Finance
Jan. 2017:

Peru
Monetary Policy
Mar. 2017:

» VIEW MORE ECONOMIC INDICATORS

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