Today's Economy Economic Roundup: Don't Hold Your Breath for U.S. Housing to Turn Its going to take a few months. Europe Daily Briefing: Construction Crumbles Under Brexit Uncertainty Businesses are putting off decision-making until negotiations make a breakthrough. Asia-Pacific Daily Briefing: Previewing the National People’s Congress Expectations play a critical role in China's official GDP growth target. Only Industrial Commodity Prices Now Favor Higher Interest Rates Since last year, the price of WTI crude oil has advanced by 23% and the base metals price index is up 11.1%. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Chartbook: Setting Expectations First quarter GDP growth has disappointed in this expansion, and odds are that the first three months of 2019 will be no different. Tariffs Tracker: Delay, Then a Deal? Trump has said a U.S.-China trade agreement would eventually conclude in a Florida summit with Xi Jinping. Europe Weekly Highlights and Preview, 1 March, 2019 The ECB may revise down its GDP and inflation forecasts. Macro Roundup: Japan Never Quite Gets There Wages haven't improved with vigour, and downside risks loom large. » VIEW MORE COMMENTARY
Today's Economic Indicators
Chile Retail & Wholesale Sales Jan. 2019: 4.4% Chile’s retail and wholesale sales index started 2019 with a modest uptick, rising 4.4% in year-on-year terms. All three subindexes moved up, with auto sales and wholesale trade showing robust increases, while retail sales lagged. United States ISM - NY Report Feb. 2019: 61.1 Despite a sixth consecutive decline in the top-line current business conditions index, New York City purchasing managers provided plenty of reason for hope in February. United States Construction Spending (C30) Dec. 2018: -0.6% U.S. construction spending declined 0.6% in December, falling well below the consensus estimate of a 0.2% increase. World Moody's Analytics Survey of Business Confidence March 01: 11.2 Global businesses are anxious. South Korea GDP 2018Q4: South Korea Consumer Price Index Feb. 2019: Australia Monetary Policy Mar. 2019: » VIEW MORE ECONOMIC INDICATORS |