| Today's Economy
Geopolitical Risk Calendar: Progress on the Trade Front The U.S. House passed the USMCA, which would ease uncertainty. Europe Daily Briefing: The U.K.'s Busy Pre-Christmas Friday The BoE brought news, the Brexit bill was passed, and third-quarter GDP was revised upward. Canada Weekly: Pharmaceuticals Sans Frontières New U.S. policies will allow for greater Canadian medicine exports. Webinar Replay: The Economic Outlook for CECL New loss accounting rules will be effective next month for some large U.S. SEC filers. » VIEW MORE TODAY'S ECONOMY
Commentary
Latin America Weekly Highlights and Preview, December 20, 2019 Declining incomes and stagnant growth have kindled the largest demonstrations since the turn of the millennium. Europe Weekly Highlights and Preview, 20 December, 2019 We expect confirmation that Spain again outpaced most of its currency area peers in the third quarter. Macro Roundup: More Questions Than Answers on Trade Agreement No existing tariffs will be completely eliminated on roughly $360 billion of Chinese goods going into the U.S. Asia-Pacific Weekly Highlights and Preview, 20 December, 2019 Japan’s November data are expected to show some improvement after October's tax-induced slump. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States
Moody's CMBS Delinquency Tracker
Nov. 2019: 2.93%
The Moody’s Delinquency Tracker total delinquency rate dropped 17 basis points to 2.93% in November. France
Household Consumption Survey
Nov. 2019: 0.1%
France’s household expenditure on goods grew by 0.1% m/m in November, building on a 0.2% increase in October. United Kingdom
GDP - Quarterly
2019Q3: 0.4%
U.K. third-quarter GDP growth was revised up to 0.4% q/q from 0.3%, after a 0.2% q/q contraction in the second quarter. United States
GDP
2019Q3: 2.1%
U.S. United States
Personal Income
Nov. 2019: 0.5%
Growth in nominal personal income accelerated to 0.5% in November after rising by a revised 0.1% in October. Canada
New Housing Price Index
Nov. 2019: -0.1%
The ongoing struggles of the housing markets in the west dragged down the Canada New Housing Price Index in November. Canada
Retail Trade
Oct. 2019: -1.2%
The decline in retail intensified in October, with sales dropping 1.2%. Mexico
Retail & Wholesale Sales
Oct. 2019: 0.4%
Mexico’s household consumption advanced at a moderate pace in October as consumers remained cautious. United States
Regional and State Employment
Nov. 2019:
State and regional employment numbers for November provide more evidence of a strong labor market that is providing support for consumer spending and overall GDP growth at a time when business investment and foreign trade are weak. United States
University of Michigan Consumer Sentiment Survey
Dec. 2019: 99.3
Consumer sentiment remains strong, rising modestly in December to its highest level since May. United States
PCE Deflator
Nov. 2019: 0.2%
The headline PCE deflator rose 0.2% in November, in line with our forecast. United States
Personal Spending
Nov. 2019: 0.3%
Real consumer spending growth continued near its recent trend in November. United States
Kansas City Fed Manufacturing Survey
Dec. 2019: -8
Tenth District manufacturing activity took a beating in December as the composite index declined to -8. Colombia
Monetary Policy
Dec. 2019: 4.25%
Colombia’s central bank board left the reference interest rate unchanged at its December meeting. » VIEW MORE ECONOMIC INDICATORS | 