| Today's Economy
'Bomb Cyclone' Impact on U.S. Is Significant, but Hardly Explosive Economic disruption to the East Coast proves manageable despite a price tag in the billions. Canada Weekly: The Keystone Pipeline and Alberta Oil Outlook A spill-related shutdown will have little effect, but oil sands producers face headwinds. LatAm Weekly: Seven Stories for 2018 A look at the headlines to expect. Economic Briefing: Waiting for the December Jobs Report December is a tricky month to forecast due to weather and holiday hiring distortions. » VIEW MORE TODAY'S ECONOMY
Commentary
Asia-Pacific Weekly Highlights and Preview, 5 January, 2018 China's trade surplus likely narrowed in December, while CPI cooled. Macro Roundup: Australia Turns to Exports Commodity exports recover as domestic spending remains weak. Latin America Preview: 8-12 January Inflation was on the rise at the end of 2017. U.S. Population Growth Holds Steady High tech drives gains in the fastest growing states. » VIEW MORE COMMENTARY
Today's Economic Indicators
Germany
Retail Sales
Nov. 2017: 2.3%
German retail sales recovered in the middle of the last quarter of 2017, gaining 2.3% m/m from October, when they retreated by 1%. Taiwan
Consumer Price Index
Dec. 2017: 1.2%
Headline consumer price inflation in Taiwan ticked up to an 11-month high of 1.2% y/y in December, after edging up 0.3% in November. Euro Zone
Preliminary Consumer Price Index
Dec. 2017: 1.4%
Euro zone annual harmonized inflation decelerated to 1.4% in December, softer than our expectations that it would slow to 1.3% from 1.5% in the previous month. Euro Zone
Producer Price Index
Nov. 2017: 2.8%
Producer prices in the euro zone rose 2.8% y/y in November, boosted by robust energy prices. Chile
Monthly Economic Activity Indicator
Nov. 2017: 3.2%
Chile’s economic activity advanced at a higher rate in November. Brazil
Industrial Production
Nov. 2017: 4.9%
The national industry advanced further in November, reinforcing the economy’s recovery. Canada
International Merchandise Trade
Nov. 2017: -C$ 2.54 bil
Canada's trade deficit widened substantially following a dramatic increase in imports. Canada
Labor Force Survey
Dec. 2017: 5.7%
The labor market is ending 2017 with a bang. United States
Employment Situation
Dec. 2017: 148,000
The year ended on a somewhat disappointing note. United States
International Trade (FT900)
Nov. 2017: -$50.5 bil
The U.S trade deficit edged higher in November, widening to $50.5 billion from a revised $48.9 billion. United States
Factory Orders (M3)
Nov. 2017: 1.3%
U.S. factories have built momentum in recent months. United States
ISM Nonmanufacturing Index
Dec. 2017: 55.9
The nonmanufacturing segment of the U.S. economy softened in December, but it doesn’t raise any immediate concerns. Canada
Purchasing Managers' Index
Dec. 2017: 60.4
The seasonally adjusted Ivey Purchasing Managers' Index hit 60.4 in December, slightly down from November's 63. United States
ECRI Weekly Leading Index
December 29: 147.4
The U.S. economy is healthy. Uruguay
Consumer Price Index
Dec. 2017: 6.6%
Annual growth in consumer prices inched upward in December, registering a 6.6% advance compared with a 6.3% increase in November. Colombia
Consumer Price Index
Dec. 2017:
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