| Today's Economy
For North American Automakers, Preliminary U.S.-Mexico Trade Agreement is More Bark than Bite Stricter content rules will not reshape regional supply chains. Economic Roundup: U.S., Mexico Strike Trade Deal Our initial assessment is that the agreement won’t materially change the trade balance between the two countries. U.S. and Mexico Reach Trade Agreement A new NAFTA still requires Canada to return to negotiations. Europe Daily Briefing: Prospects for the Current Quarter We have just begun tracking Q3 GDP growth for the euro zone and the U.K. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Chartbook: Fed on Course as Economy Grows Powell leans hawkish, while U.S. housing is in the midst of a soft patch. U.S. Weekly Highlights and Preview, August 24, 2018 We look for second quarter GDP growth to be unrevised between the government’s first and second estimates. Tighter Lending Standards Hurt U.S. Credit Card Balance Growth Lenders responded strongly to deteriorating credit quality. Australia Outlook: A Fair Dinkum Expansion GDP growth will remain around potential at 3%, while the political backdrop has not provided the best support. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States
Chicago Fed National Activity Index
Jul. 2018: 0.13
The pace of U.S. economic growth eased in July. Mexico
Trade Balance
Jul. 2018: -US$2,889 mil
Mexico’s foreign trade remained in a deficit in July as the value of imports remained high. World
Moody's Analytics Survey of Business Confidence
August 24: 33.7
The escalation in global trade tensions appears to have done some damage to global business sentiment, most significantly in Asia. United States
Texas Manufacturing Outlook Survey
Aug. 2018: 30.9
Manufacturing is doing well in Texas and there isn’t a ton of evidence that the trade tensions are doing significant damage. France
Job Seekers
Jul. 2018: 3.46 mil
World
Moody's Analytics Global HPI
2018Q2:
South Korea
Consumer Sentiment Index
Aug. 2018:
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