| Today's Economy
Economic Roundup: Job Engine Losing Steam Supply constraints and rising costs are tapping the brakes on private sector employment. Europe Daily Briefing: Better Late Than Never May hopes for a cross-party compromise, while U.K. PMI data for March were abysmal. Asia-Pacific Daily Briefing: Australia's Feeble Consumer March quarter GDP growth is tracking at 0.65% q/q. Economic Roundup: Could've Been Better Q1 GDP is on track to rise 2%, not too shabby given the temporary drags. » VIEW MORE TODAY'S ECONOMY
Commentary
Road to Recession: The R-Word Is Premature Temporary factors have hurt the economy in the short term. U.S. Chartbook: Temporary Weakness Some indicators disappointed due to fleeting factors, but the labor market is sanguine. U.S. Weekly Highlights and Preview, March 29, 2019 A run of solid data would temper concerns about a downturn. Let's Talk About the Yield Curve Recession signal likely overdone unless we talk ourselves into a downturn. » VIEW MORE COMMENTARY
Today's Economic Indicators
Euro Zone
Retail Sales
Feb. 2019: 0.4%
Euro zone retail sales rose by an above-consensus 0.4% m/m in February, building on an upwardly revised 0.9% increase in January. United States
MBA Mortgage Applications Survey
March 29: 18.6%
After several weeks of robust gains, the mortgage market witnessed an explosion of activity during the week of March 29, with the top-line market index increasing 18.6% on the back of a huge increase in refinancing. United States
ADP National Employment Report
Mar. 2019: 129,000
The labor market is showing signs of slowing. United States
ISM Nonmanufacturing Index
Mar. 2019: 56.1
Economic activity in the nonmanufacturing sector rose in March for the 110th consecutive month, but the breadth of growth narrowed moderately. United States
Oil Inventories
March 29: 449.5 mil barrels
A very large and unexpected increase in oil inventories will put downward pressure on oil prices. Uruguay
Consumer Price Index
Mar. 2019: 7.8%
Consumer price growth in Uruguay rose to 7.8% in March on a year-ago basis, accelerating from last month’s 7.5% reading. » VIEW MORE ECONOMIC INDICATORS | 
