| Today's Economy
Economic Roundup: Homebuilding Heads Higher Housing starts increased nearly 16% in December, the fastest monthly increase since 2021. Geopolitical Risk Calendar: Inauguration Security Risks U.S. security officials have elevated the risk level for the event Monday, when Donald Trump takes the presidential oath of office. Canada Weekly: Tariff Troubles Trickle Down Unraveling the direct and indirect effects of U.S. demand on jobs in Canadian industry. Europe Daily Briefing: Energy Prices Back in Focus Rising fuel prices caused acceleration in euro zone HICP growth; U.K. retail sales disappointed. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Weekly Highlights and Preview, January 17, 2025 The University of Michigan will release its final measure of consumer confidence for January. U.S. Road to Recession: Wait and See The Fed must now grapple with the inflationary potential of a suite of policies supported by the incoming Trump administration. Latin America Weekly Highlights and Preview, January 17, 2025 Manufacturing dips in Colombia; production ticks up in Uruguay. China Chartbook: Fourth-Quarter Wrap-Up Growth in the December stanza surged on strong exports and government spending. » VIEW MORE COMMENTARY
Today's Economic Indicators
United Kingdom
Retail Sales
Dec. 2024: -0.3% m/m
The volume of U.K. retail sales fell 0.3% month on month in December after a downwardly revised 0.1% increase in November, missing our expectations of a further increase. Austria
Consumer Price Index
Dec. 2024: 2.0% y/y
In December, Austria’s inflation hit the European Central Bank's 2% target precisely, following a slight undershoot in the previous quarter. Euro Zone
Consumer Price Index
Dec. 2024: 2.4% y/y
According to finalized numbers, the euro zone’s HICP inflation rate increased to 2.4% y/y in December from 2.2% in November. United States
New Residential Construction (C20)
Dec. 2024: 1.499 mil, SAAR
U.S. residential construction jumped more than expected in December. Canada
International Transactions in Securities
Nov. 2024: C$16.4 bil
Foreign investors added C$16.4 billion in Canadian securities to their portfolios in November, led by a record investment in money market instruments. United States
Industrial Production
Dec. 2024: 0.9% m/m
U.S. industrial production blew past expectations in December. Colombia
Industrial Production
Nov. 2024: -0.8% y/y
Manufacturing output fell 0.8% year on year in November following a 1.1% increase in the previous month. United States
Treasury International Capital Flows
Nov. 2024: $79 bil
Net long-term international capital flows were $79 billion in November, a decrease from net inflows of $159.1 billion in October. » VIEW MORE ECONOMIC INDICATORS | 
