Economy.com: Daily Update
| Today's Economy
Canada Weekly: The Canadian Dream: Homeownership Once a key milestone on the journey to adulthood, homeownership has become increasingly elusive. Economic Roundup: Another Jobs Friday in the Books After a string of employment reports coming in above expectations, 175,000 were added in April. Geopolitical Risk Calendar: U.S. Campus Protests Widespread anti-Israel protests demonstrate the predicament that President Biden is in when it comes to the Israel-Hamas war. Tax Season in Review Both refunds and payments were tracking close to previous years by the end of the 2024 U.S. tax season. » VIEW MORE TODAY'S ECONOMY
Commentary
Latin America Weekly Highlights and Preview, May 3, 2024 Lower inflation is on the horizon in Peru and Uruguay. U.S. Weekly Highlights and Preview, May 3, 2024 We expect U.S. consumer sentiment to have edged slightly lower this month. U.S. Jobs Report Cont’d: Sweet Spot Slowing wage growth and an expanding labor supply couple nicely with April's 175,000 job gain. Forecasting Metal Commodities for the Energy Transition We forecast the prices of copper and nickel under energy transition demand shocks from 2025 to 2050. » VIEW MORE COMMENTARY
Today's Economic Indicators
Thailand
Consumer Price Index
Apr. 2024: 0.2% y/y
Thailand's headline CPI jumped 0.2% y/y in April after falling nearly 0.5% in March. France
Industrial Production
Mar. 2024: -0.3% m/m
France's industrial production fell 0.3% month on month in March after a 0.2% increase in February. Norway
Monetary Policy
May. 2024: 4.5%
The Norges Bank held its policy rate unchanged on Friday at 4.5%. Italy
Unemployment
Mar. 2024: 7.2%
March’s employment report brought good news. Hong Kong SAR (China)
Retail Sales
Mar. 2024: -7% y/y
Hong Kong’s retail sales value unexpectedly fell 7% year over year in March, breaking a 15-month streak of positive growth. Euro Zone
Unemployment
Mar. 2024: 6.5%
The euro zone’s unemployment rate remained unchanged at a record low of 6.5% in March. Brazil
Industrial Production
Mar. 2024: 2.3% y/y
Brazil’s industry reported another gain in March as the domestic market still faces the monetary brake in place. United States
Employment Situation
Apr. 2024: 175,000 m/m
The labor market remains rock solid. United States
ISM Nonmanufacturing Index
Apr. 2024: 49.4
The U.S. service sector contracted for the first time since December 2022, breaking a 15-month streak of expansion. Uruguay
Consumer Price Index
Apr. 2024: 3.68% y/y
Annual inflation in Uruguay decelerated again in April. » VIEW MORE ECONOMIC INDICATORS |
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