| Today's Economy
Economic Roundup: A Little Goods News on the Trade Front China will exempt some U.S. goods imports from being subject to a tariff. Initial Thoughts on Dorian's Overall Price Tag Devastation in the Bahamas drives an initial overall price tag between $3.5 billion and $6.5 billion. Europe Daily Briefing: Chilly July for Euro Zone Factories A Scottish court has ruled the U.K. prime minister's prorogation unlawful. Extending Olive Branches? China will grant some tariff exemptions but not on the important or symbolic items. » VIEW MORE TODAY'S ECONOMY
Commentary
Road to Recession: A Perfect Storm A combination of events rather than a single one could cause enough damage to trigger a downturn. Spending Growth Contradictions in 2018 The weakness shown in the Consumer Expenditure Survey contrasts with retail and personal expenditure data. Mostly Positives for U.S. Households in 2018 Poverty fell as median household income inched higher, but health coverage shrank. U.S. Consumer Outlook: Holiday Sales Should Outgrow Last Year Risks remain very high. » VIEW MORE COMMENTARY
Today's Economic Indicators
Spain
Industrial Production
Jul. 2019: -0.4%
Spain’s industrial production decreased by 0.4% in July. Mexico
Industrial Production
Jul. 2019: -1.7%
Industrial production in Mexico contracted in July, extending its weakness. United States
MBA Mortgage Applications Survey
September 06: 2.0%
Mortgage applications rose 2% over the week of September 6, as the market continues to cool after a surge of refinancing earlier in August and longer-term market trends take over. Brazil
Retail Sales Index
Jul. 2019: 4.4%
Retail consumption recovered in July after a mild increase in the previous month. Canada
Industrial Capacity Utilization
2019Q2: 83.3%
Industrial capacity utilization in Canada jumped higher in the second quarter, snapping its three-quarter streak of losses. United States
Producer Price Index
Aug. 2019: 0.1%
The producer price index for final demand was up 0.1% in August, bucking our expectation for a small decline. Russian Federation
Foreign Trade
Jul. 2019: US$11.2 bil
Russia’s trade situation remained worrisome in July. United States
Wholesale Trade (MWTR)
Jul. 2019: 0.2%
Wholesale inventories began the third quarter with a soft gain. United States
Oil Inventories
September 06: 416.1 mil barrels
A larger than expected decline in oil inventories will put upward pressure on oil prices. China
Monetary Aggregates
Aug. 2019:
Uruguay
Industrial Production
Jul. 2019: 0%
Industrial production in Uruguay took a step forward in July, reversing course after last month’s 9.9% decline to move into neutral territory. Japan
Machinery Orders
Jul. 2019:
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