Today's Economy Europe Daily Briefing: Johnson May Not Get His Way The Supreme Court ruling makes a no-deal Brexit even less likely. Asia-Pacific Daily Briefing: To Cut or Not to Cut, This Week Odds are high the Philippines will cut rates this week, but Thailand isn't a slam dunk. Worrisome Leverage at Odds With Healthy Interest Coverage Rapid growth of Baa-rated debt and very low borrowing costs might help explain it. Economic Roundup: Business Can't Shake the Blues Global business sentiment is consistent with a global economy that is struggling. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Chartbook: The Housing Surprise Lower mortgage rates have juiced existing-home sales, residential construction and homebuilder sentiment. U.S. Regional Outlook: Slower Traffic Ahead Trade tensions have evolved into a potential off-ramp for the expansion, with certain regions especially exposed. U.S. Weekly Highlights and Preview, September 23, 2019 Watch for the new data on housing, which has shown signs of recent improvement. Peru Outlook: Hanging In The country's economy will perk up, but political and trade risks call for caution. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States State Personal Income 2019Q2: 1.3% State personal income has been on a roll during the first half of 2019, and the second quarter was no exception. United States S&P CoreLogic Case-Shiller® Home Price Indexes Jul. 2019: 2.0% House price appreciation decelerated in July with growth in the 20-city composite index registering another multiyear record low. United States FHFA Purchase-Only House Price Index Jul. 2019: 5.0% The Federal Housing Finance Agency Purchase-Only House Price Index increased 5% in July on a year-ago basis. United States Moody’s Analytics Policy Uncertainty Index September 20: United States Richmond Fed Manufacturing Survey Sep. 2019: -9 Manufacturing activity in the Richmond Federal Reserve District contracted in September. United States Conference Board Consumer Confidence Sep. 2019: 125.1 The Conference Board’s consumer confidence index is choppy, so the drop in September doesn’t raise an immediate red flag. Argentina Retail Sales Index Jul. 2019: 35.8% The index that tracks nominal sales at Buenos Aires’ largest shopping centers increased 35.8% y/y in July, down from 44.7% in the previous month. New Zealand Monetary Policy Sep. 2019: » VIEW MORE ECONOMIC INDICATORS |