Today's Economy Economic Roundup: Q3 GDP Headed in the Wrong Direction Q3 is coming in lighter than thought, and this was before Harvey. Third Quarter U.S. GDP Heading South Growth for the current period is now tracking 2.6% at an annual rate. We Still Lack Confidence U.S. Is at Full Employment Only three of our seven conditions have been met. China Humming Along Nicely China's Q3 GDP is tracking at a healthier 3.8% annualised, improving from July's slump. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Chartbook: Hurricane Harvey Adds Uncertainty Storm impact will likely reduce Q3 GDP growth but boost Q4. U.S. Weekly Highlights and Preview, September 1, 2017 Harvey's economic cost is quickly rising. Europe Weekly Highlights and Preview, 1 September, 2017 The strong euro currency poses an imminent threat to France’s trade balance. Canada Outlook: Will the Good Times Roll? Canada’s top-performing economy will cool but still outpace its peers. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States CoreLogic Home Price Index Jul. 2017: 6.7% The CoreLogic Home Price Index rose 6.7% on a year-over-year basis in July, its 66th straight month of year-over-year growth. Australia Monetary Policy Sep. 2017: 1.5% Australia’s central bank is comfortable staying on the sidelines as it waits for economic conditions to improve. Taiwan Consumer Price Index Aug. 2017: 1.0% Taiwan's headline inflation edged up to 0.96% y/y in August from 0.77% in July, as food, transportation and housing cost inflation picked up. Euro Zone GDP 2017Q2: Euro Zone Retail Sales Jul. 2017: -0.3% Retail sales in the euro zone fell more than we expected, by 0.3% m/m in July, partially reversing the 0.6% increase in June. Chile Monthly Economic Activity Indicator Jul. 2017: 2.8% Chile’s economic activity advanced in July, supported by mining. Brazil Industrial Production Jul. 2017: 1.5% Brazil’s industry continues to advance slowly, helping the economy to stay in positive territory. Russian Federation Consumer Price Index Aug. 2017: -0.5% Russian price inflation slowed sharply in August with prices rising at 3.3% year over year, according to the consumer price index. United States ISM - NY Report Aug. 2017: 56.6 New York City’s economy stepped off the gas slightly, according to the most recent New York City ISM Report on Business, but it is still moving in the right direction. United States Risk of Recession Jul. 2017: 10% The expansion is likely getting long in the tooth, but it’s not in serious jeopardy. World Moody's Analytics Survey of Business Confidence September 01: 32.8 Global businesses remain upbeat, as they have all year. United States Factory Orders (M3) Jul. 2017: -3.3% Factory orders lost 3.3% in July, marking the largest monthly decline in nearly three years. Uruguay Consumer Price Index Aug. 2017: 5.5% Annual growth in consumer prices clocked in at 5.5% in August, up from 5.2% in July. United States Semiconductor Billings Jul. 2017: 3.1% Global semiconductor sales started the second half of 2017 on a strong note. Australia GDP 2017Q2: » VIEW MORE ECONOMIC INDICATORS |