| Today's Economy
Nudging Up Our Estimates of U.S. GDP Q4 growth is now tracking 2.9% while Q1 is at 2.4%. Euro Zone Has More to Lose in a Trade War The single-currency area’s economy is much more open, and its trade surplus with the U.S. is huge. The Great Labor Market Experiment The Fed shouldn't panic; it should let the good times roll. China's Distorted February Data The Lunar New Year bias is at play; Q1 GDP growth tracking at 6.7% y/y. » VIEW MORE TODAY'S ECONOMY
Commentary
Europe Weekly Highlights and Preview, 9 March, 2018 The Phillips curve is not dead. Asia-Pacific Weekly Highlights and Preview, 9 March, 2018 China's January-February activity data will show the usual Lunar New Year distortion. Latin America Economic Preview: 12-16 March Industry underperforms in Colombia and Mexico and rebounds in Uruguay. Canada Outlook: A Growing Unease A strong economy faces mounting downside risks. » VIEW MORE COMMENTARY
Today's Economic Indicators
Japan
Monetary Policy
Mar. 2018: ¥80 tril.
The Bank of Japan kept its policy levers unchanged in the March monetary policy meeting. France
Industrial Production
Jan. 2018: -2.0%
France's industrial production disappointed and plunged by 2% m/m in January, while December’s rise was revised down by 0.3 percentage point to 0.2%. Spain
Industrial Production
Jan. 2018: -2.6%
Spain’s industrial production unexpectedly lost ground in January. Germany
Industrial Production
Jan. 2018: 0.1%
German industrial production came in weaker than expected, shedding 0.1% over the month in January, following a mild drop in December. United Kingdom
Industrial Production
Jan. 2018: 1.3%
U.K. industrial production rose by 1.3% m/m in January, a little above both the consensus and our expectations of a 1% increase and fully reversing a diametrically opposed decline in December. Brazil
Consumer Price Index
Feb. 2018: 2.84%
Annual inflation adjusted down a little more in February as prices moderated. Peru
Monetary Policy
Mar. 2018: 2.75%
Central bank officials delivered another dose of monetary stimulus in their March meeting, lowering the key reference rate 25 basis points to 2.75%. Canada
Industrial Capacity Utilization
2017Q4: 86.0%
Canada’s goods producers are performing well. Canada
Labor Force Survey
Feb. 2018: 5.8%
Following January's dismal labor market report, February provided little good news. United States
Employment Situation
Feb. 2018: 313,000
Payroll growth soared in February. United States
Wholesale Trade (MWTR)
Jan. 2018: 0.8%
The stockpile build came in hot in January, but falling sales bode ill for future growth. United States
ECRI Weekly Leading Index
March 02: 149.3
The U.S. economy is running smoothly, and signs point to more of the same for the months ahead. » VIEW MORE ECONOMIC INDICATORS | 