| Today's Economy
Europe Daily Briefing: The Trade War Is Hammering Germany GDP growth contracted in the second quarter, with the downturn spilling across sectors. Asia-Pacific Daily Briefing: South Korean Sentiment in the Doldrums Asian stocks rallied after U.S. comments that China wants a trade deal. Corporate Bonds Shrug Off Recession Fears for Now The market has yet to signal a recessionary seizing-up of the credit market. Economic Roundup: Call Me Maybe China and the U.S. might be talking...or perhaps not. » VIEW MORE TODAY'S ECONOMY
Commentary
Greece Outlook: Bucking the Global Trend Reforms, bond issuance and tax cuts are helping the country regain its footing and investor trust. U.S. Chartbook: Tariffs Test Resilience Labor and housing markets look okay, but manufacturing is wobbling. U.S. State and Local Outlook: As Good as It Gets States are adding to their rainy-day funds at a pace seldom seen. U.S. Weekly Highlights and Preview, August 23, 2019 We will be keeping our eye out for developments on the trade front, as risks of further escalation have risen. » VIEW MORE COMMENTARY
Today's Economic Indicators
Germany
GDP
2019Q2: -0.1%
Preliminary estimates of second quarter GDP confirmed that the German economy contracted 0.1% q/q. Mexico
Employment Situation
Jul. 2019: 3.71% Unemployment
Mexico’s unemployment continued to increase in July as new job seekers were added to the labor force. Mexico
Trade Balance
Jul. 2019: -US$1, 116.8 mil
Mexico’s trade balance reported a deficit in July as imports started to recover. United States
S&P CoreLogic Case-Shiller® Home Price Indexes
Jun. 2019: 2.1%
House price appreciation decelerated again in June with the 20-city composite index clocking in at its slowest pace in nearly seven years. United States
FHFA Purchase-Only House Price Index
Jun. 2019: 4.8%
House price growth in the middle of the housing market slowed during the second quarter. United States
Moody’s Analytics Policy Uncertainty Index
August 23: 143.0
The four-week moving average in our U.S. policy uncertainty index remained at 143 in the week ended August 23. United States
Richmond Fed Manufacturing Survey
Aug. 2019: 1
Factory activity in the Richmond Federal Reserve District increased in August, according to the Fifth District Survey of Manufacturing Activity. United States
Conference Board Consumer Confidence
Aug. 2019: 135.1
U.S. consumer confidence remains strong in August, even with the stock market on a wild ride, recession concerns increased, and the trade tensions escalated. France
Job Seekers
Jul. 2019: 3.39 mil
The number of French job seekers increased to 3.39 million in July from 3.38 million in June. » VIEW MORE ECONOMIC INDICATORS | 
