Today's Economy Washington State Carbon Tax A ballot measure proposes a statewide emissions levy. U.S. Election and the Fed The only certainty is that there will be new faces on the FOMC. Underneath the Hood of U.S. Equipment Spending Fundamentals add to temporary factors causing the recent weakness. U.S. Chain Stores End October Below Expectations Halloween promoted consumer traffic, but sales will bleed into next month. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Presidential Election Model: Final Call Economics show Democrats in the driver's seat. U.S. Healthcare Expenditures a Mixed Bag Health insurance continues to drive the rise in spending. U.S. Chartbook: Growth Accelerates, Stamina Questionable Top-line GDP performance disguised an unfavorable mix; consumer spending and confidence moderated. U.S. Weekly Highlights and Preview, October 28, 2016 New data on employment and inflation will strengthen the case for a December rate hike. » VIEW MORE COMMENTARY
Today's Economic Indicators
Japan Consumer Confidence Oct. 2016: 42.3 Japanese consumers remain pessimistic about economic prospects as growth momentum remains uneven. United Kingdom Nationwide Housing Price Index Oct. 2016: 4.6% The Nationwide measure of house prices surprised on the downside and climbed only 4.6% y/y in October, down from a 5.3% rise. The indicator held steady in month-ago terms, falling short of consensus expectations of a 0.2% rise and ending 15 consecutive months of gains. Germany Lending by Banks Sep. 2016: 2.3% German bank lending to private enterprises rose year on year in September for the tenth consecutive month. Germany Employment Situation Oct. 2016: 6.0% Germany’s seasonally adjusted unemployment rate fell to 6% in October from 6.1% in September. Russian Federation Reserve Fund Nov. 2016: RUB1.99 tril The government of Russia hardly used up any resources from the reserve fund in October. Germany House Price Index Sep. 2016: 7.4% New-home prices rose 7.4% y/y in September, following a 5.5% gain in the previous month. United States MBA Mortgage Applications Survey October 28: -1.2% Mortgage applications fell last week, likely the result of an upward movement in rates. Germany Vehicle Registration Oct. 2016: -6.2% New-vehicle registrations in Germany fell 6.2% y/y in October following a 10.2% increase in the previous month. Peru Consumer Price Index Oct. 2016: 3.4% Inflation rose for the second consecutive month in October, according to the closely watched consumer price index for the Lima metropolitan area. United States ADP National Employment Report Oct. 2016: 147,000 Job gains are slowing as the labor market tightens. United States ISM - NY Report Oct. 2016: 49.2 The Big Apple's economy is holding steady based on the October New York City ISM survey. United States Oil Inventories October 28: 482.6 mil barrels Crude oil inventories rocketed higher, far surpassing analyst expectations, which will put significant downward pressure on prices. United States FOMC Monetary Policy Nov. 2016: 0.25 - 0.50 % The Federal Open Market Committee took the subtle approach to signaling rates could rise as soon as December. Australia Foreign Trade Sep. 2016: » VIEW MORE ECONOMIC INDICATORS |