Today's Economy Economic Roundup: A Weather Mess A warm December boosts housing starts but dings industrial production. Are Women Depressing U.S. Average Hourly Earnings? Women's share of total employment is up, and that could be putting some downward pressure on wages. Europe Daily Briefing: U.K. Retail Sales Are a Shocker December’s awful results make a rate cut later this month more likely. Canada Weekly: 2020 Oil Outlook The year looks brighter for the industry, but there are risks and uncertainty. » VIEW MORE TODAY'S ECONOMY
Commentary Europe Weekly Highlights and Preview: 17 January, 2020 Coming crucial data could determine whether the BoE cuts rates. Latin America Weekly Highlights and Preview, January 17, 2020 Argentina's economy remains likely to contract in 2020. Macro Roundup: China’s December Health Check The country's fourth quarter surprised on the upside. Asia-Pacific Weekly Highlights and Preview, 17 January, 2020 The Bank of Japan will stay the course. » VIEW MORE COMMENTARY
Today's Economic Indicators
South Korea Monetary Policy Jan. 2020: 1.25% The Bank of Korea expectedly kept the policy rate at 1.25% in January. United States Moody's CMBS Delinquency Tracker Dec. 2019: 2.77% The Moody’s Delinquency Tracker total delinquency rate dropped 16 basis points to 2.77% in December. United Kingdom Retail Sales Dec. 2019: -0.6% The December U.K. retail sales report was unambiguously poor; it showed that sales fell by 0.6% m/m in December, building on a downwardly revised 0.8% drop in November and marking the fifth consecutive month of no growth. Italy Consumer Price Index Dec. 2019: 0.5% Italy's EU-harmonized inflation ticked up to 0.5% y/y in December, in line with preliminary estimates. Euro Zone Consumer Price Index Dec. 2019: 1.3% Final numbers confirmed that euro zone inflation rose to 1.3% y/y in December from 1% in November, its highest since June. Russian Federation Foreign Trade Nov. 2019: US$12.3 bil Russian trade continues to struggle. Canada International Transactions in Securities Nov. 2019: -C$1.8 bil Canadian investors resumed purchases of foreign securities, while foreign investors pulled back slightly from Canada's securities market. United States New Residential Construction (C20) Dec. 2019: 1.608 mil Residential construction improved in December. United States Industrial Production Dec. 2019: -0.3% U.S. industrial production fell 0.3% in December following a revised 0.8% gain in November (previously 1.1%). United States Job Openings and Labor Turnover Survey Nov. 2019: 4.3% openings rate The November Job Openings and Labor Turnover Survey data reflect a moderating but still-strong labor market. United States Median usual weekly earnings 2019Q4: 4.0% There have been some mixed messages on nominal wage growth, but overall it appears wage growth continues to gradually accelerate. Colombia Industrial Production Nov. 2019: -1.5% Colombian manufacturing output contracted 1.5% y/y in November after expanding 2.2% in the previous month. United States University of Michigan Consumer Sentiment Survey Jan. 2020: 99.1 Consumer sentiment remains strong despite dipping slightly in January. United States Monthly GDP Nov. 2019: 0.1% The U.S. economy weakened in November as our estimate of monthly real GDP rose 0.1% (not annualized). » VIEW MORE ECONOMIC INDICATORS |