| Today's Economy
Economic Roundup: Emergencies in the U.K. and Florida BoE intervenes in the bond market and Hurricane Ian makes landfall in Florida. LatAm Daily Briefing: Latin America’s Risk Trap Despite forceful actions against inflation, prices are still high as a recession threat looms. Q3 U.S. GDP Tracking Estimate Nudged Higher GDP is looking a little better, and annual revisions will be released on Thursday. U.S. Housing Feels Pain of Higher Rates Pending home sales dropped in August, and more decline is to come. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. B2B Tracker: Fed Tightening Will Constrict Spending Higher borrowing costs mean investments in capacity enhancements like new plants and equipment are pricier. Emerging Market View: Living on a Prayer The forecast calls for a broad-based slowdown. U.S. Employment Outlook: Tempering Expectations Tight labor supply and stubbornly high inflation have left businesses and consumers on edge about the future course of the economy. Euro Zone Inflation Tracker: Higher and Higher Across Europe, spikes in costs of living have prompted government action. » VIEW MORE COMMENTARY
Today's Economic Indicators
Thailand
Industrial Production
Aug. 2022: 14.5%
Thailand’s industrial production surged 14.5% in August from a year earlier, up from 6.4% in July. Thailand
Monetary Policy
Sep. 2022: 1%
The Bank of Thailand raised its policy rate by 25 basis points for a second time in a row, taking it to 1% at its September meeting. Sweden
Retail Sales
Aug. 2022: -0.4% m/m
Sweden’s retail sales, excluding automotive fuel sales, slid by 0.4% m/m in August, deepening an upwardly revised 0.2% decrease in July. Ireland
Retail Sales
Aug. 2022: 2.3% m/m
United States
MBA Mortgage Applications Survey
September 23: -3.7%
As intended, sharply rising borrowing rates are flattening the housing market. United States
Advance Wholesale and Retail Inventories
Aug. 2022: 1.3% m/m
Wholesale and retail inventories continue to build steadily. United States
International Trade in Goods - Advanced
Aug. 2022: -$87.3 bil
The advance goods deficit narrowed from a revised $90.2 billion (previously $89.1 billion) in July to $87.3 billion in August. United States
Pending Home Sales
Aug. 2022: 88.4
The NAR pending home sales index declined 2% to 88.4 in August, reinforcing the downward trajectory begun in November 2021, and falling to its lowest level since April 2020 during the depths of the last recession. United States
Oil Inventories
September 23: 430.6 mil barrels
An unexpected decline in crude oil inventories could put some upward pressure on oil prices. Russian Federation
Industrial Production
Aug. 2022: -0.1% y/y
Russia's industrial production decreased by a modest 0.1% y/y in August, improving on the 0.5% loss in July. Russian Federation
Retail Sales
Aug. 2022: -8.8% y/y
Seasonally adjusted Russian retail sales increased by 3.3% m/m in August, adding to the 3.8% growth previously. Russian Federation
Unemployment
Aug. 2022: 3.8%
Russia's not seasonally adjusted unemployment rate dropped to 3.8% in August from 3.9% in July. » VIEW MORE ECONOMIC INDICATORS | 