Today's Economy Asian Manufacturing Diverges Chinese, Japanese and Taiwanese manufacturing conditions improved slightly, while Korea faces difficulties. Manufacturing Output Defies U.K. Exit Woes, Booms in September The latest data weaken the case for the BoE to cut rates in November. Japan’s Deflation Is a Sticky Issue Prices are decelerating and the broader economy is struggling to find momentum. Economic Briefing: Japan’s Firms Remain Pessimistic Weak business sentiment will weigh on private investment in Japan. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Chartbook: Shifting Support for Q3 GDP Growth Inventories and trade pack a bigger punch. Consumer outlays detract some from growth. U.S. Weekly Highlights and Preview, September 30, 2016 All eyes are on September employment. Europe Weekly Highlights and Preview, 30 September, 2016 Data coming for Germany, France and Spain could compound weaknesses already observed. LatAm’s Low Saving Rate Hinders Growth Potential Reforms are needed to boost saving and investment. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States Semiconductor Billings Aug. 2016: 3.5% August global semiconductor sales were particularly bright increasing 3.5% to $28.0 billion from July, the largest month-to-month gain since May 2013. Spain Business Confidence Sep. 2016: -3 Spain’s business confidence index rose 2 points to -3 in September, in line with both Moody’s Analytics and market expectations. Russian Federation GDP 2016Q2: -0.6% Rosstat has published the expenditure decomposition of the second quarter GDP, earlier reported to have declined 0.6% y/y. Peru Consumer Price Index Sep. 2016: 3.13% The annual inflation rate for the Lima metropolitan area accelerated in September amid rising food prices and a low comparable base. United States Construction Spending (C30) Aug. 2016: -0.7% Construction spending In August decreased 0.7% from a month ago, well below consensus expectations and 0.3% below its year-ago level. World Moody's Analytics Survey of Business Confidence September 30: 25.0 Global business sentiment firmed a bit at the end of September, but abstracting from the week-to-week volatility, sentiment has been remarkably stable in recent months. United States ISM Manufacturing Index Sep. 2016: 51.5 U.S. manufacturing is beginning to stabilize, but it will not contribute significantly to growth in the third quarter or likely in the fourth. United States Vehicle Sales - AutoData Sep. 2016: 17.76 mil, SAAR Vehicle sales rose to 17.76 million on a seasonally adjusted annual rate basis in September. Brazil Foreign Trade Sep. 2016: US$3.8 bil Brazil’s trade balance fell to $3.8 billion in September, largely because of a larger decline in exports than imports. Australia Monetary Policy Oct. 2016: » VIEW MORE ECONOMIC INDICATORS |