Today's Economy Acceleration in U.S. Wage Growth Remains Slow but Steady There is the risk that the Fed turns hawkish, having been bitten by being too patient in the 1960s. Mexico’s Economy Contracted in Third Quarter NAFTA uncertainty, policy tightening and natural disasters dragged on growth. Euro Zone Is Full of Surprises The second half is looking extremely good for the economy of the single-currency area. Conflicting Trends in Japan's Consumption Data Retail trade and the household expenditure survey show diverging patterns. » VIEW MORE TODAY'S ECONOMY
Commentary Q&A: Where Should Amazon Locate Its Second HQ? We answer questions about our data-driven approach to the tech giant's headquarters search. U.S. Chartbook: Nothing if Not Inconsistent Despite the solid growth in GDP, the details were less impressive. U.S. Consumer Debt Use Rebounding Patterns of debt usage over the past few years suggest some additional growth ahead. U.S. Weekly Highlights and Preview, October 27, 2017 We expect employment to have bounced back in October as the impact of the hurricanes faded. » VIEW MORE COMMENTARY
Today's Economic Indicators
Japan Monetary Policy Oct. 2017: ¥80 tril. The Bank of Japan remains comfortably on the sidelines, and it will be the last global central bank to taper its large-scale asset purchase program. Japan Housing Starts Sep. 2017: -2.9% Japan's housing starts are in a trend decline after a strong year in 2016. France GDP 2017Q3: 0.5% France's preliminary GDP numbers beat expectations and showed that the economy expanded by a strong 0.5% q/q in the third quarter, while second quarter growth was unexpectedly revised up to 0.6%. Thailand Private Consumption Sep. 2017: 2.8% Private consumption ticked up 2.8% y/y in September following a 1.9% rise in the previous month (before revisions). Thailand Foreign Trade Sep. 2017: US$ 3.4bil Thailand’s trade surplus rose to US$3.4 billion in September, up from a downward revised US$2 billion in August. France Household Consumption Survey Sep. 2017: 0.9% French household consumption surprised on the upside in September, soaring by 0.9% m/m and more than offsetting August’s upwardly revised 0.2% decline. Taiwan GDP 2017Q3: 3.1% Taiwan's economy grew faster than expected in the September quarter, up 3.1% y/y after a 2.1% rise in the June quarter, according to advanced estimates. Italy Unemployment Sep. 2017: 11.1% Italy's unemployment rate remained unchanged at 11.1% in September, after August’s numbers were revised downwards from 11.2%. Euro Zone Preliminary GDP 2017Q3: 0.6% The euro zone's real GDP expanded by 0.6% q/q in the third quarter, slightly above our expectation of 0.5% but down from revised 0.7% growth in the second quarter. Euro Zone Preliminary Consumer Price Index Oct. 2017: 1.4% The euro zone's annual harmonized inflation eased to 1.4% in October from 1.5% in the previous month. Euro Zone Unemployment Sep. 2017: 8.9% The euro zone’s jobless rate fell further to 8.9% in September, its lowest reading since January 2009, from a downwardly revised 9% in August. Brazil Employment Situation Sep. 2017: 12.4% B Chile Employment Sep. 2017: 6.7% The national unemployment rate averaged 6.7% in the July-September rolling quarter, down from 6.8% a year earlier. Canada Industrial Product and Raw Materials Price Indexes Sep. 2017: -0.3% Lower prices for animal products sent both the Industrial Product Price Index and the Raw Materials Price Index down in September. Canada Industry Output Aug. 2017: -0.1% Canadian GDP took a step backward in August after stalling in July. United States Employment Cost Index 2017Q3: 0.7% The Employment Cost Index continues to gradually accelerate, signaling a labor market that is healing but has room to improve. United States Moody’s Analytics Policy Uncertainty Index October 27: 74.5 U.S. policy uncertainty continues to decline, but it remains higher than normal. United States S&P CoreLogic Case-Shiller® Home Price Indexes Aug. 2017: 5.9% Existing-home price appreciation accelerated in the three months ended in August compared with the three months ended in July. United States Housing Vacancies & Homeownership 2017Q3: 63.9% The homeownership rate trended upward in the third quarter of 2017, coming in at 63.9%, a slight uptick from 63.7% in the second quarter of 2017. United States Conference Board Consumer Confidence Oct. 2017: 125.9 The Consumer Confidence Index rose 5.3 points in October to 125.9, its highest level since 2000. South Korea Foreign Trade Oct. 2017: Thailand Industrial Production Sep. 2017: Argentina Industrial Production - Advance Sep. 2017: 2.3% According to Argentina’s statistics office, Indec, industrial output expanded 2.3% y/y in September not seasonally adjusted, after 5.1% in the previous month. New Zealand Employment Situation 2017Q3: South Korea Consumer Price Index Oct. 2017: » VIEW MORE ECONOMIC INDICATORS |