Economy.com: Daily Update
| Friday, September 02, 2022 |
| Today's Economy
Happy Holiday Our U.S. offices will be closed Monday for Labor Day. Economic Roundup: This August Was Different August normally disappoints, but job growth came in stronger this time. Europe Daily Briefing: German Trade Balance Falls Exports fell by more than imports in July. Asia-Pacific Daily Briefing: Cooling South Korean Inflation Signals Respite Ahead South Korea's inflation print could be a sign that the tide is turning in the Asia-Pacific region. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Jobs Report Cont’d: A Welcome Cooldown August’s report, caveats and quirks aside, landed in the Goldilocks zone. Latin America Weekly Highlights and Preview, September 2, 2022 Unemployment falls in Brazil and Chile while growth moderates throughout the region. Europe Weekly Highlights and Preview, 2 September, 2022 The ECB will likely raise its policy rate by 75 basis points. Euro Zone Inflation Outlook: Toward Double Digits? The currency area's HICP could hit 10% and keep going, depending on policymakers’ choices. » VIEW MORE COMMENTARY
Today's Economic Indicators
Ireland
GDP
2022Q2: 1.8% q/q
Irish GDP increased by 1.8 % q/q in the second quarter of 2022, after contracting marginally by 0.1% q/q in the first quarter. Brazil
Industrial Production
Jul. 2022: 1.8% y/y
The national industry advanced in July, although still at a moderate pace, rising at an annual rate of 1.8% after a decrease of 0.4% in the previous month, according to seasonally adjusted figures. United States
Employment Situation
Aug. 2022: 315,000 m/m
The U.S. labor market showed signs of cooling in August, but due to all the potential quirks with employment in August we caution about reading too much into it. United States
Factory Orders (M3)
Jul. 2022: -1.0% m/m
U.S. factory orders fell 1% in July following a downwardly revised 1.8% gain in June (previously 2%). United States
Moody’s Analytics & CNN Business Back-to-Normal Index
August 31: 90.9
The Moody’s Analytics Back-to-Normal Index held unchanged this week at 90.9. United States
Semiconductor Billings
Jul. 2022:
» VIEW MORE ECONOMIC INDICATORS |
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