Economy.com: Daily Update
| Today's Economy
Economic Roundup: Whirlwind in U.K. Continues Former Chancellor Rishi Sunak is now poised to become the next U.K.’s prime minister. Capital Market View: Under the Magnifying Glass Despite worsening indicators, the loss exposure of U.S. banks is moderate. LatAm Daily Briefing: All Eyes on Brazil’s Presidential Runoff As the former and current leaders meet again, the post-election outcome is anyone’s guess. Q3 U.S. GDP Tracking Edges Higher, but Details Are Worrisome Our model now estimates quarterly growth at an annualized rate of 2.4%, thanks to trade. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Midterm Election: Divided Government Ahead We evaluated 14 economic and political variables, and they overwhelmingly point to a Republican takeover of the House. The RBA's Pro and Con List The Reserve Bank of Australia slowed its hiking pace, but it still means business. Latin America Weekly Highlights and Preview, October 21, 2022 High inflation begins to deflate advances in Mexico and Argentina. U.S. B2B Tracker: Building Activity Slows Quickly The effects of the Federal Reserve’s rapid tightening cycle are rippling their way through the U.S. economy. » VIEW MORE COMMENTARY
Today's Economic Indicators
Taiwan (China)
Industrial Production
Sep. 2022: -4.8%
Taiwan’s industrial production fell 4.8% y/y in September, compared to a downwardly revised 3.3% year-on-year growth reading in August. United States
Chicago Fed National Activity Index
Sep. 2022: 0.10
The Chicago Fed National Activity Index was unchanged in September at 0.1, indicating that the national economy continued growing at a subdued pace. World
Moody's Analytics Survey of Business Confidence
October 21: 2.7
Global businesses remain queasy about the economic environment. South Korea
Consumer Sentiment Index
Oct. 2022:
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