| Today's Economy
Economic Roundup: Temporary Lull in U.S. Consumer Spending Has Passed Control retail sales were solid in April, and revisions were favorable. What Sales and Inventories Mean for Growth New data keep U.S. Q1 GDP tracking estimate unchanged while Q2 looks a little better. Europe Daily Briefing: A Bad Start for Europe's Factories The euro zone's March industrial production increase failed to reverse earlier weakness. U.S. Consumers Put Q1 Funk Behind Them Control retail sales were solid in April. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Chartbook: Don’t Be Fooled Soft April inflation data and a surge in tax revenue will reverse in the coming months. U.S. Macro Outlook: A Binding Constraint on Growth Businesses are struggling to fill open jobs, which eventually will threaten the economic expansion. On Track for a Solid First Half of 2018 Global GDP growth is tracking at 3.1% annualized early in the June quarter. U.S. Weekly Highlights and Preview, May 11, 2018 The focus for the week ahead is on the consumer. » VIEW MORE COMMENTARY
Today's Economic Indicators
Canada
RPS House Price Index
Apr. 2018: 1.2%
France
Consumer Price Index
Apr. 2018: 1.8%
Manufacturing goods and services inflation tumbled due to the Easter timing effect, but the sharp uptick in energy prices pushed harmonized inflation up to 1.8% y/y in April, from 1.7% in the previous month. United Kingdom
Unemployment
Apr. 2018: 4.2%
In line with expectations, the U.K.'s jobless rate held steady at 4.2% in the March quarter. Euro Zone
Industrial Production
Mar. 2018: 0.5%
Euro zone industrial production rose by 0.5% m/m in March, partially reversing a downwardly revised 0.9% decline in February and falling slightly short of our expectations of 0.6%. Peru
Unemployment
Apr. 2018: 7.3%
The labor market in the Lima metropolitan area is slowly finding its legs. Canada
New Motor Vehicle Sales
Mar. 2018: -0.4%
The number of new motor vehicles sold increased by 48.1% from February's 128,313 to March's 189,971, with monthly sales of new cars and new trucks rising. United States
NY Empire State Manufacturing Survey
May. 2018: 20.1
Factories in New York show few signs of slowing, according to the most recent Empire State Manufacturing survey. United States
Retail Sales
Apr. 2018: 0.3%
Retail sales growth remained modest in April as consumers benefited from tax cuts but faced unseasonable weather. United States
Business Inventories (MTIS)
Mar. 2018: 0.0%
Stockpile growth is taking a breather. United States
NAHB Housing Market Index
May. 2018: 70
Homebuilder sentiment increased 2 points to 70 in May. United States
Moody’s Analytics Policy Uncertainty Index
May 11: 124.4
U.S. economic policy uncertainty fell for the first time since January but it remains elevated. Colombia
GDP
2018Q1: 2.2%
The Colombian economy continued to expand at below capacity in the first quarter amid contractions in construction and manufacturing output. Argentina
Consumer Price Index
Apr. 2018: 25.6%
Argentina's statistics office’s consumer price index for the Buenos Aires metro area increased 2.6% in April, after 2.5% in March and 2.6% a year earlier. United States
Treasury International Capital Flows
Mar. 2018: $61.8 bil
Net long-term inflows accelerated in March. South Korea
Employment
Apr. 2018:
Japan
GDP
2018Q1:
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