Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Wednesday, March 14, 2018

Today's Economy


Economic Roundup: U.S. Consumer Is Still Nursing a Hangover

Retail sales fell in February, but spending should bounce back in March.

U.S. Q1 GDP Heads South, Following a Pattern

The first quarter remains plagued by residual seasonality.

OECD Sees a Success Story in Europe

The cyclical upswing has further to go in Germany and France.

Europe Daily Briefing: Weather Plays With Production Figures in the Euro Zone

Energy dragged on the headline in January, but prospects remain healthy.

» VIEW MORE TODAY'S ECONOMY



Commentary


U.S. Trade Policy: Pride and Protectionism

Generally, tariffs make more political than economic sense.

Who Can Handle the Heat? Rising Temperatures and U.S. Regional Economies

As climate patterns shift, some parts of the country may benefit at the expense of others.

Mexico Outlook: Transitory Acceleration in 2018

The economy will benefit from the political cycle in the presidential election year.

U.S. Chartbook: The Labor Market Pitches a Near-Perfect Game

It doesn’t get much better than the February employment report.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Germany
Consumer Price Index
Feb. 2018: 1.4%
Germany's annual national measure of inflation retreated to 1.4% in February, or 1.3% seasonally adjusted, after accelerating to 1.6% at the start of the year.

Spain
Retail Sales
Jan. 2018: 0.3%
Retail sales gained 0.3% m/m in January, a little above our expectations and partially recovering from the 0.6% drop in December.

Italy
Retail Sales
Jan. 2018: -0.5%
Italy’s retail sales decreased 0.5% m/m in January, continuing the previous month’s trend.

Euro Zone
Industrial Production
Jan. 2018: -1%
Falling short of both our expectations and the consensus, euro zone industrial production fell by 1% m/m in January, more than reversing the 0.4% rise in December.

United States
MBA Mortgage Applications Survey
March 09: 0.9%
Mortgage applications were up again by a sliver last week, while interest rate movements were mixed.

United States
Producer Price Index
Feb. 2018: 0.2%
Producer prices rose a touch more than we expected, keeping the Federal Reserve on track to raise interest rates later this month.

United States
Retail Sales
Feb. 2018: -0.1%
U.S. retail sales disappointed in February, but there isn’t any immediate cause for concern, as delayed tax refunds likely more than offset any support from the tax cuts.

Canada
New Motor Vehicle Sales
Jan. 2018: 6.4%
The number of new motor vehicles sold decreased by 5.9% from December to 120,179 in January, with monthly sales of new cars and new trucks decreasing.

United States
Tech Pulse
Feb. 2018: 87.6
The U.S. tech sector continues its impressive run.

Russian Federation
Foreign Trade
Jan. 2018: US$17.0 bil
Russia’s trade balance jumped higher in January.

United States
Business Inventories (MTIS)
Jan. 2018: 0.6%
Stockpile growth is gathering steam.

United States
Oil Inventories
March 09: 430.9 mil barrels
A much larger than expected increase in crude oil inventories will put downward pressure on oil prices.

Colombia
Industrial Production
Jan. 2018: 1.1%
Manufacturing output expanded 1% y/y in January, after contracting 0.8% in the previous month.

Indonesia
Foreign Trade
Feb. 2018:

Uruguay
Industrial Production
Jan. 2018:

India
Foreign Trade
Feb. 2018:

Argentina
Consumer Price Index
Feb. 2018: 25.5%
The statistics office’s consumer price index for the Buenos Aires metro area increased 2.6% in February, up from 1.6% in the previous month and 2.5% a year earlier.

New Zealand
GDP
2017Q4:

» VIEW MORE ECONOMIC INDICATORS

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