Today's Economy Economic Roundup: U.S. Capital Spending Begins Digging Itself Out Fourth quarter GDP growth was softer than anticipated, but there were encouraging details. Finland Consumer Confidence Hits Six-Year High Sentiment has been rising roughly in step with jobs and output. U.S.-Mexico Trade Talks Are at Risk The border wall dispute is fraying the relationship between the two neighbors. What Is Traded Between the U.S. and Mexico? A tariff will likely leave both economies worse off. » VIEW MORE TODAY'S ECONOMY
Commentary Europe Weekly Highlights and Preview, 27 January, 2017 Preliminary Q4 GDP results will show the euro zone finished 2016 on a strong note. Macro Roundup: Oceania Inflation Heats Up Central banks in Australia and New Zealand have shifted to a neutral bias. Macro Roundup: U.K.’s Solid 2016 Performance Shouldn’t Last Household spending almost singlehandedly drove growth, but stagnating real wages will bring this to a halt. Latin America Economic Preview: 30 January - 3 February Chile remains weak, and Brazil's recession hit bottom. » VIEW MORE COMMENTARY
Today's Economic Indicators
France Consumer Confidence Jan. 2017: 100 France's consumer confidence reached its long-term average of 100 in January, ticking up 1 point from November and in line with the Moody's Analytics forecast. Spain Retail Sales Dec. 2016: 0.1% Spain's retail trade, not seasonally adjusted, added 0.9% y/y in the final month of 2016 after a 4% rise in November. Italy Consumer and Business Confidence Jan. 2017: 102.5 Italy’s business confidence has held up relatively well despite elevated political uncertainty. Euro Zone Monetary Aggregates Dec. 2016: 5% The seasonally adjusted annual growth of the euro zone’s M3 money supply rose to 5% y/y in December after a 4.8% increase in the previous month and was somewhat above the Moody's Analytics forecast. United States Black Knight Home Price Index Nov. 2016: United States GDP 2016Q4: 1.9% U.S. United States Durable Goods (Advance) Dec. 2016: -0.4% New orders for durable manufactured goods disappointed, falling 0.4%, a poorer showing than the consensus forecast for a 2.6% increase. Euro Zone Conference Board Leading Indicators Dec. 2016: 107.8 The Conference Board Leading Economic Index for the euro zone rose 0.7% m/m to 107.8 in December. United States University of Michigan Consumer Sentiment Survey Jan. 2017: 98.5 The University of Michigan Consumer Sentiment index rose 0.3 point over last month in the final January report, increasing to 98.5, its highest level since January 2004. United States ECRI Weekly Leading Index January 20: 145.1 The U.S. economy will expand in the near term. The ECRI weekly leading index increased to 145.1 in the week ending January 20. » VIEW MORE ECONOMIC INDICATORS |