| Friday, February 02, 2018 |
| Today's Economy
Canada Weekly: Delaying the Launch Younger individuals are delaying their working years to pursue more schooling. The Economic Case to Root for the Patriots A Eagles win would be good for Philly fans but not the economy. Australia's Cheery Start to Q1 Our GDP tracker suggests a 2.7% y/y expansion in Q1, unchanged from the estimated Q4 pace. Japan's Prowess Continues in Q1 Our high-frequency GDP tracker suggests 1.8% growth y/y in Q1, from an estimated 2% in Q4. » VIEW MORE TODAY'S ECONOMY
Commentary
Making a Mountain Out of a Molehill U.S. average earnings were solid in January but there are reasons to discount it some. Europe Weekly Highlights and Preview, 2 February, 2018 We now expect a BoE rate hike in August. An Early Look at Q1 U.S. GDP GDP is tracking 3.5%, but the first quarter is full of potential potholes. Japan Outlook: Surprisingly Good Prospects After a strong 2017, the country's economy is expected to maintain momentum. » VIEW MORE COMMENTARY
Today's Economic Indicators
Euro Zone
Producer Price Index
Dec. 2017: 2.2%
Producer prices in the euro zone moderated to 2.2% y/y in December, as energy prices contributed far less. Chile
Retail & Wholesale Sales
Dec. 2017: 3.1%
Chile’s retail and wholesale sales index posted a solid improvement in December. United States
Employment Situation
Jan. 2018: 200,000
The year started on a strong note with payrolls advancing by 200,000 jobs, consistent with our expectation, thanks to a partial reversal in the drop in retail and government payrolls from December. Russian Federation
Business Confidence
Jan. 2018: -3.0
Russian business confidence improved by 2 percentage points in January, with manufacturing managers reporting net -3% positive responses relative to -5% in December. United States
ISM - NY Report
Jan. 2018: 72.5
Purchasing managers in New York City are as sanguine as they have been in over a decade, according to the January ISM-New York Report on Business. United States
Factory Orders (M3)
Dec. 2017: 1.7%
Despite a few soft spots in the data, U.S. factories are doing well. United States
University of Michigan Consumer Sentiment Survey
Jan. 2018: 95.7
Consumer sentiment finished January down 0.2 point, falling to 95.7. United States
ECRI Weekly Leading Index
January 26: 151.6
The U.S. economy is good shape. » VIEW MORE ECONOMIC INDICATORS |
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