| Today's Economy
Economic Roundup: Trade Set to Ding Q3 U.S. GDP Growth is now tracking 3.7% at an annualized rate. U.S. Net Exports Make a U-Turn Trade is shifting from a noticeable support to significant drag on GDP. Europe Daily Briefing: Bad News From Money Growth The data suggest a further loss of momentum should be expected for the start of 2019. Asia-Pacific Daily Briefing: South Korea’s Doing It Tougher Consumers have turned pessimistic on net; the weak labour market is a key driver. » 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
Advance Wholesale and Retail Inventories
Jul. 2018: 0.7%
Inventories started the third quarter on a solid note. United States
International Trade in Goods - Advanced
Jul. 2018: -$72.2 bil
The advance trade report indicates a weak start to the third quarter for U.S. trade. World
Moody's Analytics Global HPI
2018Q2: 6.3%
Growth in nominal global house prices remains remarkably stable. Mexico
Employment Situation
Jul. 2018: 3.5% Unemployment
T United States
S&P CoreLogic Case-Shiller® Home Price Indexes
Jun. 2018: 6.3%
Existing-home price appreciation decelerated across the board in the three months ended in June compared with the previous three months. United States
Richmond Fed Manufacturing Survey
Aug. 2018: 24
Manufacturing activity accelerated in August, according to the Fifth District Survey of Manufacturing Activity. United States
Conference Board Consumer Confidence
Aug. 2018: 133.4
Consumer confidence gained 5.5 points in August, improving to 133.4, a high for the expansion. United States
Moody’s Analytics Policy Uncertainty Index
August 24: 112.8
U.S. economic policy uncertainty is climbing, and this could help explain the recent weakness in some measures of business confidence. » VIEW MORE ECONOMIC INDICATORS | 
