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Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Tuesday, December 17, 2024

Today's Economy


Economic Roundup: Retail Sales Pop, IP Sags

The U.S. consumer is chugging along, but industrial production underwhelmed.

Europe Daily Briefing: Rate Cuts Off the U.K. Table

The Bank of England is more likely to pause after October wage growth surprised to the upside.

LatAm Daily Briefing: Venezuela’s Oil Recovery and Trump

The nation’s oil output will hinge on his dealings with Maduro.

Inside Economics Podcast: Reimagining Cities With Rebecca Rockey and Chris Leinberger

How do cities escape the 'urban doom loop'?

» VIEW MORE TODAY'S ECONOMY



Commentary


U.S. Consumer Inflation Worries

Uncertainty is a concern for consumers in addition to the level of prices.

U.S. Chartbook: All About Prices

Last week brought a flurry of inflation data.

U.S. Credit Outlook: Stabilization in Sight

Credit conditions continue to grow more restrictive, though the overall pace of tightening is slowing.

U.S. Weekly Highlights and Preview, December 13, 2024

Retail sales jumped 0.4% in October, and we expect that the same robust pace continued in November.

» VIEW MORE COMMENTARY



Today's Economic Indicators


United States
Moody's CMBS Delinquency Tracker
Nov. 2024: 7.19%
The Moody’s Delinquency Tracker total delinquency rate rose 25 basis points to 7.19% in November.

Hong Kong SAR (China)
Employment Situation
Nov. 2024: 3.1%
Hong Kong’s seasonally adjusted unemployment rate was 3.1% from September to November, unchanged from the previous period.

United Kingdom
Unemployment
Oct. 2024: 4.3%
The U.K.'s unemployment rate in the three months to October was 4.3%, unchanged from the previous period.

Euro Zone
External Trade
Oct. 2024: €6.8 bil
The euro zone’s not seasonally adjusted trade surplus in goods fell €6.8 billion in October from €9.4 billion in the same month a year earlier.

Mexico
Retail & Wholesale Sales
Oct. 2024: -1.2% y/y
Household consumption remained weak in October, contracting as the domestic market was affected by the typical slowness introduced by the political transition.

United States
Retail Sales
Nov. 2024: 0.7%, m/m
Top-line retail sales grew at a stronger-than-expected pace, marking the third straight month of strong growth, the first time sales have grown strongly for three consecutive months in over a year.

Canada
Consumer Price Index
Nov. 2024: 1.9% y/y
Price pressures were subdued in November.

Canada
New Housing Price Index
Nov. 2024: 0.2% y/y
The national new housing price index saw a slight 0.1% month-over-month increase in November.

Canada
International Transactions in Securities
Oct. 2024: C$21.5 bil
Foreign investors added C$21.5 billion in Canadian securities to their portfolios in October, the second consecutive month of notable inward investment.

United States
Industrial Production
Nov. 2024: -0.1% m/m
In November, U.S. industrial production ticked down 0.1%.

United States
Business Inventories (MTIS)
Oct. 2024: 0.1% m/m
Business inventories rose 0.1% in October, on par with consensus estimates after they were unchanged in September.

United States
NAHB Housing Market Index
Dec. 2024: 46
Homebuilder confidence held steady at 46 in December, according to the National Association of Home Builders’ Housing Market Index.

Chile
Monetary Policy
Dec. 2024:

Japan
Foreign Trade
Nov. 2024:

Malaysia
Foreign Trade
Nov. 2024:

» VIEW MORE ECONOMIC INDICATORS

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