Today's Economy Economic Roundup: Hirings Up, Openings Down The September JOLTS report did little to alter our view of the U.S. labor market. Final Thoughts Ahead of U.S. Q3 GDP We expect that real GDP expanded at an impressive 3.5% annualized pace in the third quarter. LatAm Daily Briefing: A Bleak Medium-Term Outlook Productivity will take a hit due to a shrinking labor force and growing fiscal constraints. Europe Daily Briefing: First Up Sweden, Belgium and Ireland offer the euro zone's first third-quarter GDP estimates. » VIEW MORE TODAY'S ECONOMY
Commentary Dutch Housing Market Report 2024Q3 The Netherlands market continues to gain momentum as rising real disposable income and improving sentiment drive demand. Global Energy Outlook: Up, Down and All Around Geopolitical risks are rearing their ugly head again. U.S. Chartbook: Not-So-Great Consumer Expectations Sentiment remains downbeat in the face of a well-performing economy. U.S. Weekly Highlights and Preview, October 25, 2024 Next week will see the release of third-quarter GDP, September’s personal consumption expenditure deflator, and the October employment report. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States Advance Wholesale and Retail Inventories Sep. 2024: -0.1% m/m Advance estimates show that wholesale inventories fell 0.1% in September but were up 0.5% annually. United States International Trade in Goods - Advanced Sep. 2024: -$108.2 bil The international trade deficit widened to $108.2 billion in September, up $14 billion from $94.2 billion in August. United States S&P CoreLogic Case-Shiller® Home Price Indexes Aug. 2024: 5.2% y/y The U.S. housing market is cooling. United States FHFA Purchase-Only House Price Index Aug. 2024: 4.2% y/y The Federal Housing Finance Agency Purchase-Only House Price Index was up 4.2% on a year-ago basis in August. United States Housing Vacancies & Homeownership 2024Q3: 65.6% The U.S. homeownership rate held steady at 65.6% in the third quarter. United States Job Openings and Labor Turnover Survey Sep. 2024: 7,443 ths The September JOLTS report reflects a labor market that is softening, but only modestly. United States Conference Board Consumer Confidence Oct. 2024: 108.7 Consumer sentiment rebounded in October. United States Texas Service Sector Outlook Survey Oct. 2024: 9.2 The rebound in Texas service sector activity that began in September continued in October. Australia Consumer Price Index Sep. 2024: » VIEW MORE ECONOMIC INDICATORS |