Today's Economy Economic Roundup: U.S. GDP Growth Stays the Course The annualized rate was revised higher to 3.3% for the third quarter. Aluminum Investigation May Shift Debate to Trade An increasingly active U.S. Commerce Department raises the odds of tariffs. Prices Heat Up in Germany, but Disappoint in Spain Price acceleration in Germany implies faster euro zone inflation in November. Fairly Uneventful Revisions to Third Quarter U.S. Growth GDP is now shown to have risen 3.3%. » VIEW MORE TODAY'S ECONOMY
Commentary Diagnosis Is Correct; Will Macron’s Reforms Be the Cure? French government seizes the opportunity to implement structural reforms and fiscal consolidation. Chile Outlook: Back to Normal The economy is recovering, but low capacity will restrain growth. Russia Outlook: A Modest Recovery Robust consumption and investments in the energy industry drive the turnaround. India Outlook: Reform Bonanza Outweighs Cyclical Slowdown Global investors have a favourable view of the economy. » VIEW MORE COMMENTARY
Today's Economic Indicators
France Household Consumption Survey Oct. 2017: -1.9% French household consumption disappointed in October, plunging by 1.9% m/m and more than reversing September’s upwardly revised 1% rise. Euro Zone Business and Consumer Sentiment Nov. 2017: 114.6 The euro zone's economic confidence indicator ticked up in November, reaching 114.6, from 114.1 in the previous month. Chile Manufacturing Production Oct. 2017: 0.6% National manufacturing continued to underperform in October, prolonging its structural weakness. United States MBA Mortgage Applications Survey November 24: -3.1% Mortgage applications decreased last week, and interest rate movements were mixed. United States GDP 2017Q3: 3.3% U.S. United States Pending Home Sales Oct. 2017: 109.3 The pending home sales index increased 3.5% to 109.3 in October on a seasonally adjusted basis, rising to its highest level since June. United States Oil Inventories November 24: 453.7 mil barrels Crude oil inventories fell by more than industry analysts expected, which will put upward pressure on prices. United States Beige Book Oct. 2017: The Federal Reserve’s Beige Book, covering economic activity in October through mid-November, indicates that economic activity expanded at a modest to moderate pace in all 12 districts. South Korea Industrial Production Oct. 2017: South Korea Retail Sales Oct. 2017: Japan Industrial Production Oct. 2017: China Manufacturing PMI Nov. 2017: Thailand Industrial Production Oct. 2017: South Korea Monetary Policy Nov. 2017: » VIEW MORE ECONOMIC INDICATORS |