Today's Economy Boeing's Impact on U.S. Growth Issues with the 737 MAX are likely shaving tenths of a percentage point off GDP. LatAm Daily Briefing: China's Sniffles Give South America the Chills The slowdown in China has amplified the pressure on the struggling economies. Europe Daily Briefing: It's Not All Gloom and Doom Euro zone retail sales exceeded expectations in the third quarter. Asia-Pacific Daily Briefing: Thailand Cuts Policy Rate to New Low The bank announced measures to control capital outflows. » VIEW MORE TODAY'S ECONOMY
Commentary Road to Recession: A New Phase The U.S. consumer is shouldering all the burden in preventing the slowing from turning into something worse. U.S. Chartbook: No Tricks, Just Treats Third-quarter output and October employment surprised to the upside. Student Loans and the Housing Market While U.S. homeownership has fallen and student debt has risen, the causal link is ambiguous. Stress-Testing States 2019 The overall results of the latest exercise relative to a year ago are unmistakably positive. » VIEW MORE COMMENTARY
Today's Economic Indicators
Thailand Monetary Policy Nov. 2019: 1.25% The Bank of Thailand cut interest rates by 25 basis points, from 1.5% to 1.25%, in a widely expected move. Spain Industrial Production Sep. 2019: -0.8% Spain’s industrial production reversed trend and declined 0.8% in September. Euro Zone Retail Sales Sep. 2019: 0.1% In line with expectations, euro zone retail sales rose by 0.1% m/m in September, while August’s increase was revised up to 0.6% from 0.3%. Colombia Consumer Price Index Oct. 2019: 3.9% Colombia’s annual inflation rate accelerated again in October in part because of rising food and energy prices. United States MBA Mortgage Applications Survey November 01: -0.1% Mortgage applications ticked down 0.1% in the week ending November 1, with the refinance index and purchase index moving in opposite directions. United States Productivity and Costs 2019Q3: -0.3% U.S. productivity took a step back in the third quarter after posting solid gains in the first half of the year. Russian Federation Consumer Price Index Oct. 2019: 0.1% Russian inflation has slowed to below the central bank’s target pace. United States Moody’s Analytics Policy Uncertainty Index November 01: 151.4 The four-week moving average in our U.S. policy uncertainty index inched higher, from 151.3 to 151.4 in the week ended November 1. Canada Purchasing Managers' Index Oct. 2019: 48.2 The seasonally adjusted Ivey Purchasing Managers' Index dropped from 48.7 in September to 48.2 in October. United States Oil Inventories November 01: 446.8 mil barrels A much larger than expected rise in oil inventories will put downward pressure on oil prices. Argentina Industrial Production - Advance Sep. 2019: -5.1% Industrial output contracted 5.1% y/y in September (NSA) after a 6.4% y/y decline in the previous month. Australia Foreign Trade Sep. 2019: Philippines GDP 2019Q3: » VIEW MORE ECONOMIC INDICATORS |