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.

Friday, November 03, 2017

Today's Economy


Economic Roundup: GDP Growth Is Looking Up

U.S. trade and factory orders raised our tracking estimate of third quarter GDP growth from 3.1% to 3.3% at an annualized rate.

LatAm Weekly: Staying the Course

Gradual policy normalization in the U.S. reduces risks to Latin America’s recovery.

Q3 U.S. GDP Looks Even Better

The larger inventory build puts Q3 GDP tracking 3.3%.

Nothing to Fret About

The U.S. labor market still feels lingering effects of the hurricanes.

» VIEW MORE TODAY'S ECONOMY



Commentary


U.S. Weekly Highlights and Preview, November 3, 2017

The odds of a recession occurring in the next 12 months remain extremely low.

Macro Roundup: A Steady Bank of Japan

Accommodative monetary policy has no end in sight.

Europe Weekly Highlights and Preview, 3 November, 2017

The next week will shed light on industrial performance at the end of the third quarter.

Further Insights From China’s Congress

President Xi Jinping is China's ruler for a generation, rather than a decade.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Malaysia
Foreign Trade
Sep. 2017: MYR8.6 bil
Malaysia's monthly trade surplus narrowed to MYR8.6 billion in October from a MRY9.8 billion surplus in September.

Chile
Retail & Wholesale Sales
Sep. 2017: 3.8%
Chile’s index of commercial activity posted another month of solid gains, rising 3.8% in September.

United States
Employment Situation
Oct. 2017: 261,000
The recovery from hurricanes, which depressed payrolls in September, was smaller than we had expected.

Canada
International Merchandise Trade
Sep. 2017: -C$ 3.18 bil
Canada's trade balance remained deep in the red in September, as the international trade balance registered a C$3.2 billion deficit.

Canada
Labor Force Survey
Oct. 2017: 6.3%
Employment growth picked back up in October, though not enough to stem a slight increase in the jobless rate.

United States
International Trade (FT900)
Sep. 2017: -$43.5 bil
The U.S. trade deficit widened modestly in September, increasing by $700 million to $43.5 billion.

United States
Factory Orders (M3)
Sep. 2017: 1.4%
Factory orders have logged now the best two-month streak since spring 2016, advancing 1.4% in September after a 1.2% gain in August.

United States
ISM Nonmanufacturing Index
Oct. 2017: 60.1
The ISM nonmanufacturing survey’s composite came in better than expected in October, rising from 59.8 to 60.1.

United States
ECRI Weekly Leading Index
October 27: 146.1
The U.S. economic expansion is on solid ground, and prospects for the months ahead look good.

Uruguay
Consumer Price Index
Oct. 2017: 6.5%
Consumer prices in Uruguay accelerated for a third consecutive month as food and beverage prices rose more than expected.

» VIEW MORE ECONOMIC INDICATORS

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