| Tuesday, September 12, 2017 |
| Today's Economy
Economic Roundup: Let the Good Times Roll The JOLTS report confirms a steady expansion of the labor market. Thoughts Ahead of Australia's Employment Report The unemployment rate should hold steady, while underemployment will fall from its record high. Catalonia's Independence Vote Already Contentious Spain's prime minister wants the October referendum suspended. Economic Briefing: Waiting on the Extent of Irma's Damage Initial estimates suggest Harvey and Irma's damage will cost between $150 billion to $200 billion. » VIEW MORE TODAY'S ECONOMY
Commentary
Irma Deals an Economic Blow, but Could Have Been Far Worse The hurricane packed a punch, yet major U.S. metro areas avoided the worst-case scenario. Q&A: The Economic Impact of Hurricane Harvey We answer questions on the storm's costs and the effects of the recovery and rebuilding efforts. Mexico’s Investment Paradox More foreign investment does not equal more production capacity for the country. Combined Economic Impact of Harvey and Irma Rebuilding from the storms will boost U.S. GDP beginning in the fourth quarter and into 2018. » VIEW MORE COMMENTARY
Today's Economic Indicators
United Kingdom
Consumer Price Index
Aug. 2017: 2.9%
The U.K. inflation rate beat expectations and accelerated to 2.9% in August, from 2.6% in July, as prices jumped by a sharp 0.6% in monthly terms. United States
NFIB Small Business Survey
Aug. 2017: 105.3
Little appears able to rattle U.S. small businesses, but the implications for growth this quarter are minimal. India
Consumer Price Index
Aug. 2017: 3.4%
Consumer prices in India remain below the central bank's 4% target. Brazil
Retail Sales Index
Jul. 2017: 3.1%
Retail sales are advancing as the economy recovers and starts to create employment. India
Industrial Production
Jul. 2017: 1.2%
Factory conditions across India remain weak, and they have been below trend over the last few years. United States
Job Openings and Labor Turnover Survey
Jul. 2017: 4.0% openings rate
July's Job Openings and Labor Turnover Survey confirms the steady expansion of the labor market. United States
Moody’s Analytics Policy Uncertainty Index
September 08: 81.1
Policy uncertainty has declined, but it remains significantly higher than normal. United States
CreditForecast.com Household Credit Report
Aug. 2017: 4.1%
Total U.S. household borrowing grew by 4.13% year over year in August, up from the 3.72% in July. Argentina
Consumer Price Index
Aug. 2017: 23.1%
The statistics office’s consumer price index for the Buenos Aires metro area increased 1.5% in August, after 1.7% in the previous month and 0.2% a year earlier. South Korea
Employment
Aug. 2017:
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