Today's Economy Economic Roundup: A Little Cooler Now U.S. core CPI growth moderated in September. Europe Daily Briefing: Such a Misleading U.K. GDP Headline Despite August's sobering figures, the economy likely avoided recession in the third quarter. Online Spending Not Always What You Think Apparel and furniture were among the largest components of U.S. e-commerce sales in 2017. Asia-Pacific Daily Briefing: Japan's Machinery Orders Are Just Ho-Hum The outlook for domestic and offshore investment is subdued. » VIEW MORE TODAY'S ECONOMY
Commentary Road to Recession: A Disconnect Diverging hard and soft data cloud the picture. A U.S. Retail Recession? Despite store closings and weak employment in some sectors, retail is in transition, not recession. Global Outlook: An Uncertain Path Downside risks facing the global economy are high. U.S. Chartbook: Jobs Engine Cooling, Not Sputtering Employment growth is slowing but not enough to lift the unemployment rate. » VIEW MORE COMMENTARY
Today's Economic Indicators
World Moody's Analytics Global CPI Sep. 2019: 0.2% Our estimate of the global consumer price index showed a 0.2% increase in September after it rose 0.3% in each of the prior two months. Canada RPS House Price Index Sep. 2019: 1.8% France Industrial Production Aug. 2019: -0.9% French industrial production failed to meet expectations in August, falling by 0.9% m/m after a 0.3% increase in July. Italy Industrial Production Aug. 2019: 0.3% Italian industrial production rebounded in August, growing 0.3% m/m following a downwardly revised 0.8% drop in July. United Kingdom Monthly GDP Aug. 2019: -0.1% U.K. monthly GDP figures showed activity fell by a below-consensus 0.1% m/m in August after an upwardly revised 0.4% rise in July. Brazil Retail Sales Index Aug. 2019: 1.4% Brazil’s retail consumption continued to advance in August, albeit moderately. Canada New Housing Price Index Aug. 2019: -0.3% New house prices registered their first monthly increase in over a year in August. United States Jobless Claims October 05: 210,000 Fears of an imminent recession are premature while jobless claims remain among their lowest levels in five decades. United States Consumer Price Index Sep. 2019: 0.0% The September consumer price index keeps the door wide open for the Federal Reserve to cut interest rates later this month. United States St. Louis Fed Financial Stress Index October 04: -1.17 Financial market stress increased in the week ended October 4, the third straight weekly increase. United States Natural Gas Storage Report October 04: 98 bil cubic feet The increase in natural gas inventories was roughly in line with analyst expectations, which will have minimal impact on prices. China Monetary Aggregates Sep. 2019: » VIEW MORE ECONOMIC INDICATORS |