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, October 14, 2016

Today's Economy


Q3 U.S. GDP Drifts Lower

Inventory build is coming in on the soft side, but this sets up well for the fourth quarter.

Canada Weekly: Regional Divergence

New home prices inch up, while auto sales sag.

U.S. Election Likely Dinged Consumer Sentiment in October

Confidence has a tendency to decline in October during an election year.

Some Blemishes on September U.S. Retail Sales

A good chunk of the gain was concentrated in autos and gasoline.

» VIEW MORE TODAY'S ECONOMY



Commentary


Europe Weekly Highlights and Preview, 14 October, 2016

Investors are fretting that the U.K. will get less favourable exit terms than previously thought.

Macro Roundup: Despite Stabilization, China's Economy Faces Risks

The government is moving to reduce risks from the rise in house prices and debt issuance.

Commodity Outlook: OPEC Hope Supports Crude Prices

Oil will likely stay close to $50 per barrel in the fourth quarter.

Hong Kong Outlook: Back on Track

Housing and exports lead a recovery in the city.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Peru
Unemployment
Sep. 2016: 6.5%
The jobless rate in the Lima metropolitan area swooped lower for the latest three months ending in September, punching in at 6.5%.

Canada
Brookfield RPS House Price Index
Sep. 2016:

India
Wholesale Price Index
Sep. 2016: 3.6%
India's wholesale price inflation is on the rise again after a period of disinflation last year. Rising energy costs and prices of manufactured goods led the increase, while food inflation continues to decelerate.

Spain
Consumer Price Index
Sep. 2016: 0.2%
Spain’s headline inflation increased by 0.2% y/y in September, returning to positive territory after eight months of deflation.

Italy
Consumer Price Index
Sep. 2016: 0.1%
Italy’s annual EU-harmonized inflation rose 0.1% in September, reversing the 0.1% fall in the previous month.

Euro Zone
External Trade
Aug. 2016: €18.4 bil
The euro zone’s external trade surplus expanded in August to €18.4 billion, not seasonally adjusted, from €11.2 billion in August 2015, as exports rose more than imports.

Canada
New Motor Vehicle Sales
Aug. 2016: -2.0%
Canadian new-vehicle sales continue to decline.

United States
Producer Price Index
Sep. 2016: 0.3%
Producer prices came in a touch hotter than we anticipated in September, but that doesn’t appreciably alter our view of U.S. inflation dynamics or the near-term course for the Federal Reserve.

United States
Retail Sales
Sep. 2016: 0.6%
Retail sales rebounded in September as sales overcame pricing pressures after two weak months.

United States
Business Inventories (MTIS)
Aug. 2016: 0.2%
Business inventories advanced 0.2% in August, matching the Moody's Analytics and consensus expectations.

United States
University of Michigan Consumer Sentiment Survey
Oct. 2016: 87.9
The preliminary October University of Michigan Consumer Sentiment survey showed a drop in consumer sentiment as overall sentiment fell to 87.9, losing 3.3 points.

United States
ECRI Weekly Leading Index
October 07: 139.6
The ECRI weekly leading index ticked slightly lower in the week ending October 7, sliding to 139.6.

United States
Treasury Budget
Sep. 2016: $33.4 bil
Despite the final month’s surplus, the fiscal 2016 federal budget deficit exceeded 2015’s.

» VIEW MORE ECONOMIC INDICATORS

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