Today's Economy Economic Roundup: Signs Continue to Point to Rebound in U.S. GDP in Q2 Wholesale inventories boost our estimate, while small business sentiment improves in June. U. S. Consumer Credit Quality Strong Many delinquency rates are near record lows. U.S. Wholesale Inventories Nudge GDP Higher Stockpiles are still on track to subtract 0.5 percentage point from second quarter growth. Ireland Scorched Through 2015 GDP growth spiked 26%, reflecting multinational activity and aircraft purchases. » VIEW MORE TODAY'S ECONOMY
Commentary China Outlook: The Cycle Turns Up Housing drives a near-term upswing, although capital outflows remain an issue. U.S. Macro Outlook: Resiliency Amid Turmoil The U.S. economy has posted consistent gains despite a series of geopolitical and economic shocks. U.S. Chartbook: Fast and Furious Job Growth Is Behind Us May's jobs number rolled in like thunder and disappeared like smoke, but the trend is key. U.S. Regional Outlook: Limited Risk From the U.K. Exit Financial services and manufacturing may face some fallout from the British referendum. » VIEW MORE COMMENTARY
Today's Economic Indicators
Japan Industry Activity Indexes May. 2016: -0.7% Japan’s tertiary activity struggled in May due to weakness in consumer and business activity. Malaysia Industrial Production May. 2016: 2.7% Malaysian industrial production is being supported by domestic demand while external factors continue to be a drag. Germany Consumer Price Index Jun. 2016: 0.3% Germany's annual national measure of CPI rose 0.3% in June, following a revised no change in May. Germany Foreign Trade May. 2016: €22.2 bil Germany's trade surplus narrowed to €22.2 billion in May from a revised €24.1 billion in the previous month. United States NFIB Small Business Survey Jun. 2016: 94.5 Small-business confidence improved in June, but the outcome of the U.K. referendum could be a test in July. India Consumer Price Index Jun. 2016: 5.8% Rising prices in India suggest the disinflation trend over the past year is largely over. India Industrial Production May. 2016: 1.2% Factory conditions across India remain uneven, as the production momentum is showing little signs of rising in 2016. Brazil Retail Sales Index May. 2016: -9.0% The demand for retail consumption continued to contract significantly in May as the recession extended. Russian Federation Foreign Trade May. 2016: US$7.5 bil Russia’s merchandise trade surplus stood at $7.5 billion in May, a somewhat better reading than the $6.8 billion in April, as the change in exports outpaced that of imports. Low oil prices and geopolitical tensions are hurting Russia's trade balance. Mexico Industrial Production May. 2016: 0.4% The national industry continues to advance with prolonged weakness and well below potential capacity. United States Job Openings and Labor Turnover Survey May. 2016: 3.7% openings rate May's Job Openings and Labor Turnover Survey reflects the pause in net employment already seen in the monthly payroll report. United States Wholesale Trade (MWTR) May. 2016: 0.1% After an impressive April report, wholesale inventory growth pulled back slightly, coming in at 0.1% in May. China Foreign Trade Jun. 2016: Uruguay Industrial Production May. 2016: -0.1% Factory output continued to slide in May as manufacturers grappled with frail internal demand and falling exports to Argentina and Brazil. India Foreign Trade Jun. 2016: South Korea Employment Jun. 2016: » VIEW MORE ECONOMIC INDICATORS |