The 12 Global Economic
Indicators to Watch
(All times are local)
It is hard to navigate every twist and turn of the $90 trillion global economy. This data story shows key economic indicators from every corner of the world. It should provide insight on the strength or softness of expansions and recessions.
Global
53.0
Global PMI
IHS Markit and JPMorgan Chase’s snapshot of the health of
manufacturing around the world, based on surveys
of multiple purchasing managers on their activity. A number above 50 signals expansion.
U.S.
+213K
U.S. employment
A measure of how tight the labor market is running in the
world’s biggest economy.
+0.2%
U.S. consumer spending
The U.S. consumer is typically one of the pillars of the
world economy and this shows how they are faring.
+2.3%
U.S. personal consumption expenditures
The Federal Reserve’s preferred measure of inflation.
Latin America
$3.26B
Chile copper exports
Chile’s copper output. From autos to TV sets to high-tech
wiring everywhere needs copper and the Andean
nation is the world’s largest producer. If demand is strong, the world economy is likely to be
too.
Europe
+2.0%
Euro-area inflation
A gauge of inflation in the euro area and the main measure
watched by the European Central Bank.
101.8
German Ifo
The leading indicator of health in the euro area’s lynchpin
economy, it is based on a survery of about
7,000 executives in German manufacturing, services, retail, wholesale and construction companies.
The
aim is to guage their assessment of how the economy stands and their outlook for it.
Asia
51.5
China manufacturing PMI
China is the largest manufacturer of autos, smartphones and
other goods the world over so this index
provides a key insight into the heart of global production.
+4.7%
China PPI
How much companies are charging at the factory gate in China
provides a glimpse into global inflation
trends.
+0.8%
Japan inflation
A measure of price pressures and test of how long the
world’s most audacious monetary experiment continues.
−0.1%
South Korea exports
An insight into demand for one of Asia’s key exporters
especially of technology.