Today's Economy Economic Roundup: More Trust in the U.S. Consumer Upward revisions to income suggest the consumer can continue to lead the economy forward. U.S. Consumer Sentiment Hits Highest Since 2007 More income and confidence bode well for spending. U.S. Consumer Has More Firepower GDP revisions were better than expected and consumers have more income than previously thought. Economic Briefing: Asian Currencies Rally Against the Greenback New data point to softer fourth quarter growth in Japan. » VIEW MORE TODAY'S ECONOMY
Commentary Taiwan Outlook: Emerging From a Slump An upswing in the global tech cycle boosts growth. U.S. Chartbook: Bond Market Adjusts to Trump Long-term rates could move even higher. U.S. Post-Election Outlook: Q&A We answer a slew of your questions about what to expect on interest rates, inflation, and other economic issues after Trump's win. U.S. Consumer Outlook: Wage Growth Needed Wages are the only likely support for consumer income and for spending. » VIEW MORE COMMENTARY
Today's Economic Indicators
France GDP 2016Q3: 0.2% The French economy didn't impress in the three months to September, with GDP gaining 0.2% q/q after contracting 0.1% in the previous quarter. France Household Consumption Survey Oct. 2016: 0.9% French household consumption surprised by gaining 0.9% month over month in October after it fell 0.4% in the previous month. United Kingdom BoE Lending to Individuals Oct. 2016: £4.9 bil Total net lending to individuals climbed in October by £4.9 billion, up from £4.7 billion in September and a touch above the previous six-month average. Brazil Employment Situation Oct. 2016: 11.8% The unemployment rate remains high in an economy that is contracting. Euro Zone Business and Consumer Sentiment Nov. 2016: 106.5 The euro zone's economic sentiment indicator was marginally up to 106.5 in November from a revised 106.4 in the previous month. Chile Manufacturing Production Oct. 2016: -6.92% Chile’s industry fell severely in October, prolonging its structural weakness. Chile Retail Sales Oct. 2016: 5.1% Chilean retail sales had another strong month in October. Canada Balance of International Payments 2016Q3: -C$18.3 bil Canada's current account deficit improved modestly after rising the previous three quarters. United States GDP 2016Q3: 3.2% As measured by GDP, the U.S. economy rebounded from three weak quarters in the third quarter. United States S&P/Case-Shiller® Home Price Indexes Sep. 2016: 5.1% Existing-home price appreciation accelerated in the three months ending in September compared with the same period in August. United States Conference Board Consumer Confidence Nov. 2016: 107.1 The Consumer Board Consumer Confidence Index rose in November to 107.1, gaining 6.3 points, after October was revised to 100.8. Colombia GDP 2016Q3: 1.2% Colombia's economy expanded at a slower pace in the third quarter due in part to a sharp contraction in crude oil output. United States Risk of Recession Oct. 2016: 13% The probability that the U.S. economy will fall into recession in six months remains low but should naturally rise as the expansion ages. United States Texas Service Sector Outlook Survey Nov. 2016: 13.7 Texas service sector activity accelerated in November. United States Moody’s Analytics Policy Uncertainty Index November 25: 78.7 More clarity on the course of monetary policy has reduced total economic policy uncertainty. Thailand Industrial Production Oct. 2016: South Korea Industrial Production Oct. 2016: South Korea Retail Sales Oct. 2016: Japan Industrial Production Oct. 2016: United Kingdom Consumer Confidence Nov. 2016: » VIEW MORE ECONOMIC INDICATORS |