Today's Economy Economic Roundup: Awaiting a Turn in Business Investment U.S. core capital goods orders point toward a decline in equipment spending in Q4. Coronavirus Economic Risks Vary Across U.S. While a major disruption remains unlikely, the West faces the most risk should one occur. Europe Daily Briefing: Tough Call for the BoE The Bank of England will decide on its monetary policy stance Thursday. LatAm Daily Briefing: Coronavirus Sickens Commodity Prices Markets fear the rapidly spreading virus might hinder growth in Asian economies, hurting global demand. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Chartbook: The Housing Highlight Existing-home sales rallied in December, and the trend remains favorable. U.S. State and Local Outlook: A Difficult Balancing Act Policymakers are enjoying the fruits of the long expansion, but they face massive uncertainty. New FICO Credit Scores to Affect Consumers at the Margin FICO Score 10 will cause scores to change. The impact on overall credit availability may be modest. Coronavirus and the U.S. Economy The drag should be modest, but there are significant risks. » VIEW MORE COMMENTARY
Today's Economic Indicators
Spain Unemployment 2019Q4: 13.8% Spain’s unemployment rate continued its downward trend in the fourth quarter of 2019, inching down 1 basis point to 13.8%. Mexico Trade Balance Dec. 2019: US$3,068 mil Mexico's trade balance stayed in positive territory at the end of the year as imports contracted. United States Bankruptcy Filings 2019Q4: -0.9% Personal bankruptcy filings fell in the fourth quarter from the third, following their normal seasonal pattern, as holiday spending has yet to take its toll and household finances remain strong. United States Durable Goods (Advance) Dec. 2019: 2.4% U.S. durable goods paint a mixed picture for manufacturing. United States S&P CoreLogic Case-Shiller® Home Price Indexes Nov. 2019: 2.6% House price appreciation moderately accelerated in November as measured by the S&P CoreLogic Case-Shiller 20-City Composite Index. Russian Federation Retail Sales Dec. 2019: 1.9% Russian Federation Unemployment Dec. 2019: 4.6% Russia's unemployment rate has not budged for three months. United States Conference Board Consumer Confidence Jan. 2020: 131.6 Consumer confidence increased in January but the coronavirus outbreak could temporarily weigh on it in February. United States Richmond Fed Manufacturing Survey Jan. 2020: 20 Manufacturing conditions in the Richmond Federal Reserve District improved in January. United States Moody’s Analytics Policy Uncertainty Index January 24: 132.2 The four-week moving average in our U.S. policy uncertainty index slipped from 132.7 to 132.2 in the week ended January 24. South Korea Consumer Sentiment Index Jan. 2020: 104.2 Australia Consumer Price Index 2019Q4: » VIEW MORE ECONOMIC INDICATORS |