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, September 15, 2017

Today's Economy


Economic Roundup: Looking for the Hurricane Effect

U.S. retail sales disappointed in August, but some of the weakness can be attributed to Harvey.

Not a Good Day for Estimates of Q3 U.S. GDP

Retail sales, industrial production and business inventories have growth tracking 2.6%.

LatAm Weekly: Oil Fortunes Diverge

Output has flagged for traditional producers and surged in Brazil.

Bank of Russia Confident in Cutting More

Demand is still soft, which could prompt more interest-rate reductions in October.

» VIEW MORE TODAY'S ECONOMY



Commentary


Europe Weekly Highlights and Preview, 15 September, 2017

Investors will watch for clues on whether to expect a U.K. interest rate increase in November.

Macro Roundup: Australia's Firming Labour Market

Slack is shrinking; expect stronger wage gains soon.

Latin America Economic Preview: 18-22 September

Retail consumption remains weak in Argentina and Mexico.

Asia-Pacific Weekly Highlights and Preview, 15 September, 2017

Japanese exports stayed buoyant in August; the BoJ policy statement will be neutral in September.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Canada
RPS House Price Index
Aug. 2017: 10.5%
On a year-over-year basis, house prices increased 10.5% in August, down from 10.9% from the previous month.

Indonesia
Foreign Trade
Aug. 2017: US$1.72 bil
Indonesia's monthly trade surplus reached its highest level in five years at US$1.72 billion in August, from the US$274 million deficit in July.

Euro Zone
External Trade
Jul. 2017: €23.2 bil
The euro zone’s external trade surplus narrowed in July to €23.2 billion, after it increased to a revised €26.2 billion in June.

Russian Federation
Monetary Policy
Sep. 2017: 8.5%
The Russian Central Bank dropped its key policy rate to 8.5% after its September meeting.

Uruguay
GDP
2017Q2: 2.8%
Uruguay’s economy took a slight misstep in the second quarter, but the outlook remains bright.

Peru
Monetary Policy
Sep. 2017: 3.5%
Peru’s central bank eased monetary conditions in September, citing below-potential growth and stable inflation.

Peru
Unemployment
Aug. 2017: 6.7%
The jobless rate in the Lima metropolitan area edged lower in the three months ending in August, tagging in at 6.7%.

United States
NY Empire State Manufacturing Survey
Sep. 2017: 24.4
The good times keep on rolling for factories in New York according to the latest Empire State Manufacturing Survey.

United States
Retail Sales
Aug. 2017: -0.2%
Retail sales took a small step back in August and Hurricane Harvey likely was a net negative.

Canada
New Motor Vehicle Sales
Jul. 2017: 5.1%
The number of new motor vehicles sold fell by 10.7% from June to 184,809 in July, with sales of both new cars and new trucks declining.

United States
Industrial Production
Aug. 2017: -0.9%
Industrial production lost 0.9% in August, a closer read to our forecast than the consensus.

Russian Federation
Industrial Production
Aug. 2017: 1.5%
Russian industrial production came in at 1.5% year over year in August, improving 0.4 point from July.

United States
Regional and State Employment
Aug. 2017:
The U.S. labor market expanded solidly in August, though at a slightly weaker tempo than last year.

United States
University of Michigan Consumer Sentiment Survey
Sep. 2017: 95.3
Consumer sentiment dropped 1.5 points in the preliminary September report from the University of Michigan.

United States
Business Inventories (MTIS)
Jul. 2017: 0.2%
Stockpile growth moderated in July, but signs of an inventory glut persist.

United States
ECRI Weekly Leading Index
September 08: 143.3
The U.S. economy is performing well.

Colombia
Industrial Production
Jul. 2017: 6.2%
The national industry rebounded strongly in July, after contractions earlier in the year.

» VIEW MORE ECONOMIC INDICATORS

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