| Today's Economy
Economic Roundup: Sentiment Surges on Main Street Small-business sentiment soared in November, and we updated our baseline forecast. Europe Daily Briefing: Inflation Reports November CPI for a number of countries rolled in ahead of the European Central Bank meeting this week. Main Street Is Back Small businesses are the most confident they have been in more than three years, fueled by positive expectations for what lays ahead. Final Thoughts Ahead of November’s CPI A modest rise in U.S. inflation in November likely lifted the year-ago rate from 2.7% to 2.8%. » VIEW MORE TODAY'S ECONOMY
Commentary
Higher for Longer, Delinquencies for Auto Loans Remain Elevated The cost of a 60-month car loan versus the underlying five-year U.S. Treasury bond yield that serves as a pricing base has continued to rise. Developed Asia Outlook 2025: Diverging Fortunes The year will bring many risks and few opportunities for high-income Asian economies. U.S. Chartbook: A Return to Form November’s job report met expectations with growth bouncing back after temporary effects hurt last month’s reading. Discourse on DOGE (Part Two) U.S. President-elect Trump plans to commission an advisory board to curtail excess government spending and regulation. » VIEW MORE COMMENTARY
Today's Economic Indicators
Netherlands
Consumer Price Index
Nov. 2024: 4.0% y/y
Dutch headline inflation rose to 4% y/y in November from 3.5% in October. Norway
Consumer Price Index
Nov. 2024: 2.4% y/y
Norway’s CPI inflation rate eased in November to 2.4% y/y from 2.6% in October on the back of lower electricity prices. Germany
Consumer Price Index
Nov. 2024: 2.2% y/y
Germany's inflation rate rose to 2.2% year over year in November, up from 2% in October, driven by a sharp increase in service prices, including insurance services and airfares. Denmark
Consumer Price Index
Nov. 2024: 1.6% y/y
In November, the Danish CPI increased 1.6% y/y, matching October's increase. Italy
Industrial Production
Oct. 2024: 0.0% m/m
Italy's industrial production was flat month over month in October, beating our forecast of a 0.9% drop. United States
NFIB Small Business Survey
Nov. 2024: 101.7
Sentiment soared on Main Street in November. Brazil
Consumer Price Index
Nov. 2024: 4.87% y/y
Brazil’s inflation climbed higher in November for a third consecutive month, keeping policymakers alert and raising the probability of another rate hike in December. United States
Productivity and Costs
2024Q3: 2.2%, q/q, SAAR
In the third quarter, U.S. labor productivity increased by 2.2% annualized, according to the Bureau of Labor Statistics’ second estimate. South Korea
Employment
Nov. 2024:
» VIEW MORE ECONOMIC INDICATORS | 