Today's Economy LatAm Daily Briefing: LatAm Exports Start the Year Strong The current export boom showers governments with much-needed revenue. German Business Sentiment Surprises to the Upside Firms are still pessimistic, but less than expected, for now. Europe Daily Briefing: Swiss Trade Balance Drops in March Swiss exports plunge, dragging down the trade balance to multi-year lows. U.S. Retail's Surprise Upward Revisions The changes are minor in aggregate, and show no shift in patterns of growth. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. B2B Tracker Update: Fed on the Levers It is illuminating to highlight just where businesses are seeing costs rise fastest. U.S. Chartbook: Housing Market's Rebalancing Act A cooldown is coming. APAC Outlook: Economy Hits Rough Water There are many crosscurrents to navigate in the coming months. This Week in the Economy The Federal Reserve is on high alert and set to aggressively raise rates to slow the economy’s growth and quell inflation; this Fed counts on the soaring housing and mortgage markets coming back to earth. » VIEW MORE COMMENTARY
Today's Economic Indicators
Singapore Industrial Production Mar. 2022: 3.4% y/y Singapore’s industrial production increased by 3.4% y/y in March, easing from February’s 17.5% growth. Mexico Retail & Wholesale Sales Feb. 2022: 6.4% y/y Sales in retail stores gained some steam in February despite the rise of infections. United States Durable Goods (Advance) Mar. 2022: 0.8% m/m U.S. durable-goods inventories rose 0.8% in March, reversing some of the revised 1.7% decline in February (previously 2.2%). United States Philadelphia Fed Nonmanufacturing Survey Apr. 2022: 27.5 The Philadelphia Fed’s Nonmanufacturing Business Outlook Survey declined in April but remains firmly in expansionary territory. United States FHFA Purchase-Only House Price Index Feb. 2022: 19.4% y/y The Federal Housing Finance Agency Purchase-Only House Price Index increased to 19.4% on a year-ago basis in February, registering its quickest pace on record. United States S&P CoreLogic Case-Shiller® Home Price Indexes Feb. 2022: 20.2% y/y House price appreciation accelerated in February, as measured by the S&P CoreLogic Case-Shiller 20-City Composite Index, adding to the increasing trend set during the past couple of months. United States Richmond Fed Manufacturing Survey Apr. 2022: 14 Manufacturing activity in the Richmond Federal Reserve District continued to expand in April. United States New-Home Sales Mar. 2022: 763,000 SAAR U.S. new-home sales came in just shy of expectations in March, rising by 763,000 annualized units. United States Conference Board Consumer Confidence Apr. 2022: 107.3 U.S. consumer confidence declined slightly in April, bucking consensus and our expectations for an improvement. United States Moody’s Analytics Policy Uncertainty Index April 22: United States Texas Service Sector Outlook Survey Apr. 2022: 11.2 Texas service industries decelerated in April. Argentina Retail Sales Index Feb. 2022: 123.3% y/y The index that tracks nominal sales at Buenos Aires’ largest shopping centers increased 123% y/y in February, after 101% in the previous month. South Korea Consumer Sentiment Index Apr. 2022: Japan Foreign Trade Mar. 2022: Australia Consumer Price Index 2022Q1: » VIEW MORE ECONOMIC INDICATORS |