High points for economic data scheduled for December 9 week
The December 9 week does not have a busy data schedule, but it does include the November CPI report at 8:30 ET on Wednesday. This is one of the last reports that could mean an [...]
December 2024
November 2024
Global economy slipping behind market forecasts
Econoday’s Relative Economic Performance Index (RPI) lost some ground last week and, at minus 10, shows recent global activity running a little cooler than expected. The dip mainly reflects a switch to modest downside surprises [...]
High points for economic data scheduled for December 2 week
The December 2 week will start off with a lot of recaps of conditions for retailers over the Thanksgiving weekend and running interest in how Cyber Monday looks for the winter holiday sales period. Retailers [...]
High points for economic data scheduled for November 25 week
The November 25 week includes the official US Thanksgiving observance on Thursday and the unofficial holiday of Black Friday the day after. Many businesses give their workers a four-day weekend by shifting time off from [...]
Global economy now meeting market expectations
Econoday’s Relative Economic Performance Index (RPI) ended the week at minus 3, indicating that recent global activity has behaved much as forecast. The U.S. continues to lead the pack ahead of Canada, but while China [...]
High points for economic data scheduled for November 18 week
The economic data calendar in the November 18 week is a light one. The focus of the week will probably be on the housing numbers which include the NAHB/Wells Fargo housing market index at 10:00 [...]
Global economy slightly hotter than expected
Econoday’s Relative Economic Performance Index (RPI) lost some ground last week but, at 8, still shows global economic activity running a little ahead of market forecasts. The U.S., Eurozone and Japan are all modestly outperforming [...]
PPI annual quality changes for cars and light trucks in 2025
Every October, the BLS releases information about the dollar value of quality changes for the upcoming model year for domestic passenger cars and light trucks – which includes SUVs, crossovers, and minivans. For 2025, the [...]
Podcast – After the U.S. election: Global economic outlook
The outcome of last week’s U.S. presidential election was nowhere near as close as expected but does the result make for a more predictable outlook for the global economy and financial markets? The Econoday [...]
What will the FOMC look like in 2025?
For 2025, the lineup of policymakers that comprise the Federal Open Market Committee (FOMC) looks stable. The normal rotation of voting presidents of the district banks does not include anyone who will be retiring in [...]