| Today's Economy
Bourbon for Steel The fallout from new U.S. tariffs is limited in the short run, but free trade principles are in jeopardy. Economic Roundup: U.S. Factory Orders Nick Q2 GDP Growth Trade risks may gain more visibility in coming U.S. factory order numbers. U.S. Factory Orders Dropped More Than Expected in April Implications for GDP are fairly small. Europe Daily Briefing: Renewed Trade Tensions Escalation of a real trade war cannot be ruled out, making it the biggest threat to our outlook. » VIEW MORE TODAY'S ECONOMY
Commentary
The Unbreakable Marriage of Financial Markets and the Economy Some emerging markets have been hit hard by outflows, but it has not become a systemic event. Canada Outlook: The Good, the Bad and the Risky Positives for the economy still outweigh the negatives, but downside risks are escalating. U.S. Weekly Highlights and Preview, June 1, 2018 We'll get a look at the nonmanufacturing segment of the economy, which accounts for 88% of GDP. Europe Weekly Highlights and Preview: 1 June, 2018 GDP figures should confirm that the single-currency area slowed at the start of 2018. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States
ISM - NY Report
May. 2018: 56.4
Purchasing managers in New York City remain optimistic, although signs of weakness are beginning to emerge based on the May ISM-New York Report on Business. World
Moody's Analytics Survey of Business Confidence
June 01: 36.1
Global business sentiment is strong but has come off its spring highs. United States
Factory Orders (M3)
Apr. 2018: -0.8%
Factory orders fell by more than both the consensus expectations and our consensus-matching projection in April, slipping 0.8%, but the details are more encouraging than the top line suggests. » VIEW MORE ECONOMIC INDICATORS | 
