Today's Economy U.S. Census Hiring Could Boost Job Growth Soon We're not convinced it will have happened in April, but it could in May or June. Base Metals Price Deflation Favors Slow World Growth and Low Treasury Bond Yields The recent softness of base metals prices is very much consistent with slower world growth for 2019. Asia-Pacific Daily Briefing: Asia's Bellwether Shows Signs of Improvement The tech sector isn't part of the improvement in South Korea's exports. Economic Roundup: Some Good News on the Euro Zone Economy GDP posted a decent gain in the first quarter. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Credit Outlook: Lending Conditions Shift Performance remains robust, and the delinquency rate hovers near its historical low. Trade Patterns Show Shifting Global Trends Improved U.S. export demand in the March quarter was a product of stronger European demand. U.S. Chartbook: Shaking it Off Growth could have been even better but the partial federal government shutdown was a weight. U.S. Weekly Highlights and Preview, April 26, 2019 Don't expect any surprises from the Fed. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States MBA Mortgage Applications Survey April 26: -4.3% The top-line market index fell 4.3% the week of April 26, as both purchases and refinancing cooled off again. United States ADP National Employment Report Apr. 2019: 275,000 The labor market still has some surprises left. United States Construction Spending (C30) Mar. 2019: -0.9% Following three consecutive months of increasing outlays, U.S. construction spending fell 0.9% in March. United States ISM Manufacturing Index Apr. 2019: 52.8 U.S. manufacturing conditions weakened in April as the ISM index fell to 52.8 from 55.3 in March. United States Risk of Recession Mar. 2019: 21% The odds that the U.S. will be in recession in the next six months fell in March but still feel a little too high given the economy’s underlying momentum and fundamentals. United States Oil Inventories April 26: 470.6 mil barrels A much larger than expected increase in oil inventories will put downward pressure on oil prices. United States FOMC Monetary Policy May. 2019: 2.25 - 2.50% The Federal Open Market Committee meeting was uneventful, which was broadly expected. United States Vehicle Sales - AutoData Apr. 2019: South Korea Consumer Price Index Apr. 2019: » VIEW MORE ECONOMIC INDICATORS |