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.

Friday, January 17, 2020

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

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