Today's Economy Job Growth Due for a Wild Ride in 2019 and 2020 U.S. employment numbers could swing more than normal because of the decennial census. Europe Daily Briefing: All Eyes on U.K. GDP The economy likely picked up steam in Q3, with growth broad-based across sectors. Asia-Pacific Daily Briefing: Winter Is Coming for Chinese Exports China's exports accelerated in October, despite additional tariffs taking effect. This won't last. Goldilocks Likes Gridlock Homebuyer mortgage applications drop to two-year low. » VIEW MORE TODAY'S ECONOMY
Commentary The Post-Midterm Outlook for U.S. Fiscal Policy Don’t expect major changes, but some bipartisanship could be brought to bear. Why Are U.S. Unemployment Insurance Claims So Low? Some workers may forgo filing for jobless benefits because of eligibility restrictions or benefit cuts. U.S. Chartbook: Storm Surge in Jobs Hurricane-related payback boosted employment in October, but the trend is also strong. U.S. Weekly Highlights and Preview, November 2, 2018 Economic data for the week ahead will be overshadowed by the midterm elections. » VIEW MORE COMMENTARY
Today's Economic Indicators
Spain Industrial Production Sep. 2018: -0.7% Industrial production reversed August's gain entirely by shedding 0.7% in month-ago terms and dashing our expectations of a small increase. Chile Consumer Price Index Oct. 2018: 2.9% Inflation reported some moderation in October, although it remains close to target. Peru Monetary Policy Nov. 2018: Canada Housing Starts Oct. 2018: 206 ths The pace of new residential construction picked up in October after three consecutive months of decline. Canada New Housing Price Index Sep. 2018: 0.2% Canada’s new-house price appreciation is at a standstill. United States Jobless Claims November 03: 214,000 The U.S. labor market is in fine shape, as jobless claims remain very low. Mexico Consumer Price Index Oct. 2018: 4.90% Annual inflation moderated in October, although it remained above the target’s upper limit. United States St. Louis Fed Financial Stress Index November 02: -0.93 Financial stress increased for the second straight week despite equity markets mounting a rebound. United States MBA Delinquency Rates 2018Q3: 4.47% Mortgage performance worsened in the third quarter. United States Natural Gas Storage Report November 02: 65 bil cubic feet The rise in natural gas inventories was higher than analysts were expecting, and it will apply downward pressure on prices. United States FOMC Monetary Policy Nov. 2018: 2.00 - 2.25% The November Federal Open Market Committee was uneventful, as members left the target range for the fed funds rate at 2% to 2.25%. China Consumer Price Index Oct. 2018: China Producer Price Index Oct. 2018: » VIEW MORE ECONOMIC INDICATORS |