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 28, 2016

Today's Economy


Grading Our High-Frequency GDP Model

The model deserves a B for the U.S. third quarter.

LatAm Weekly: Low on Fuel

Numerous challenges will restrain Latin American energy production.

Canada Weekly: Grip on Net Creditor Status Loosens

A move to debtor status would not signal economic weakness.

U.S. GDP: Solid Growth or a Bunch of Beans?

Sobyeans leave an impression on the third quarter and could be an issue in the fourth.

» VIEW MORE TODAY'S ECONOMY



Commentary


Macro Roundup: September Improvement in Japan

Trends remained weak, and BoJ easing was still insufficient.

Latin America Economic Preview: 31 October-4 November

Inflation declines in Peru and Uruguay.

Europe Weekly Highlights and Preview, 27 October, 2016

Euro zone GDP for the third quarter likely grew at a broadly steady pace.

Asia-Pacific Economic Preview: 31 October-4 November

Asian central banks will likely maintain monetary policy settings in November.

» VIEW MORE COMMENTARY



Today's Economic Indicators


France
GDP
2016Q3: 0.2%
First numbers indicated that France's GDP increased 0.2% q/q in the three months to September after it slid 0.1% in the previous quarter.

France
Household Consumption Survey
Sep. 2016: -0.2%
French household consumption fell 0.2% month over month in September after it ticked up 0.7% in August.

France
Producer Price Index
Sep. 2016: -1.7%
Although annual producer price deflation in France is easing, producer prices fell 1.7% y/y in September, following a revised 1.8% drop in the previous month.

Euro Zone
Business and Consumer Sentiment
Oct. 2016: 106.3
The euro zone's economic sentiment indicator improved to 106.3 in October from 104.9 in September.

Russian Federation
Monetary Policy
Oct. 2016: 10%
Bank of Russia kept the key policy rate unchanged at its meeting Friday, at 10%.

Chile
Employment
Sep. 2016: 6.8%
The national unemployment rate averaged 6.8% in the July-September period, up from 6.4% a year earlier.

Chile
Manufacturing Production
Sep. 2016: 1.4%
The national industry advanced a little in September but still underperformed.

Chile
Retail Sales
Sep. 2016: 7.4%
Retail sales rebounded strongly in September, rising 7.41% y/y after a mere 0.23% gain in the previous month.

United States
Employment Cost Index
2016Q3: 0.6%
The labor market continues to tighten but still has room to improve.

United States
GDP
2016Q3: 2.9%
After three quarters of weak GDP growth, the U.S. economy rebounded by this measure in the third quarter.

United States
University of Michigan Consumer Sentiment Survey
Oct. 2016: 87.2
The final October University of Michigan consumer sentiment report showed a drop in sentiment to 87.2, losing 4 points from September, and dropping to its lowest level since September 2015.

United States
ECRI Weekly Leading Index
October 21: 138.6
The ECRI Weekly Leading Index fell in the week ended October 21, dropping to 138.6 from 139.6.

» VIEW MORE ECONOMIC INDICATORS

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