Today's Economy Economic Roundup: Hurricanes Continue to Muck With U.S. Data Industrial production posted a small gain in September, while builder sentiment bounced back. NAFTA Content Rules Not a Deal-Breaker The U.S.-made share of NAFTA auto imports is already high. Hurricanes Still Hold Back U.S. Industrial Production This weight will fade and Q4 should be solid. U.K. CPI Beats Expectations, Raises Chances of Rate Hike Noncore and volatile components, not underlying pressures, are boosting inflation. » VIEW MORE TODAY'S ECONOMY
Commentary Australia Outlook: Conditions Ripen for Stronger Incomes Labour market tightening should bring improved income growth; the strong aussie is a downside risk. U.S. Chartbook: Soft Inflation Puzzles the Fed Storm effects continue to ripple through the data, but won’t alter the economy’s growth path. Debt Burden Falls for Most U.S. Income Groups Only consumers in the lower middle class saw debt payments take up a larger share of income. U.S. Weekly Highlights and Preview, October 13, 2017 Wage and inflationary pressures may take a little longer than expected to develop. » VIEW MORE COMMENTARY
Today's Economic Indicators
Italy Foreign Trade Aug. 2017: €2.8 billion Italy’s merchandise trade surplus widened slightly to €2.8 billion in August from €2.5 billion in August 2016, but narrowed from €6.6 billion a month earlier. United Kingdom Consumer Price Index Sep. 2017: 3.0% The U.K. inflation rate beat expectations and accelerated to 3% in September, from 2.9% in August, its highest since early 2012. Germany ZEW Indicator of Economic Sentiment Oct. 2017: 17.6 Investor confidence in Germany ticked up at the start of the fourth quarter, rising to 17.6 from 17 in September. Euro Zone Consumer Price Index Sep. 2017: 1.5% The euro zone's annual harmonized inflation remained unchanged at 1.5% in September from a month earlier. Canada New Motor Vehicle Sales Aug. 2017: 7.0% The number of new motor vehicles sold rose by 1.3% from July to 187,257 in August, with sales of both new cars and new trucks increasing. United States Import and Export Prices Sep. 2017: 0.7% U.S. import prices rose more than we anticipated in September, but the broader implications for domestic inflation dynamics are not that significant. United States Industrial Production Sep. 2017: 0.3% Industrial production rose 0.3% in September, bringing the monthly change back into positive territory after an upwardly revised sizable drop in August. United States NAHB Housing Market Index Oct. 2017: 68 Homebuilder sentiment rose from 64 in September to 68 in October, signaling the strong housing market is already starting to rebound from the hurricanes. United States Moody’s Analytics Policy Uncertainty Index October 13: 79.4 U.S. policy uncertainty edged lower, but it remains higher than normal. Colombia Industrial Production Aug. 2017: -3.1% Manufacturing output contracted 3.1% y/y in August, following a 6.2% y/y increase in the previous month. United States Treasury International Capital Flows Aug. 2017: $67.2 bil Net long-term inflows resumed with a bang in August after they slowed to a trickle in July. South Korea Employment Sep. 2017: » VIEW MORE ECONOMIC INDICATORS |