The week’s 14 most important economic charts

August 29, 2014
August 29, 2014

US durable goods surged in July, thanks to soaring aircraft orders.

US home price gains continued, but at a slower pace.

And US consumer confidence kept rising

…as the Fed’s preferred gauge shows little sign of inflation

And second-quarter US GDP growth was better than first thought, thanks to investment

A buoyant US seems to be helping Canada, which grew faster than expected in the second quarter

While Europe, skirted even closer to deflation in August.

And in fact, Italy joined countries like Greece, Spain and Portugal in deflation.

Meanwhile in the continent’s troubled banking system, business lending continues to shrink

…and the euro zone’s second largest economy, France, is facing a jobs crisis

Brazil slipped into recession in the second quarter

Argentina’s currency collapse continued

But South Africa was able to avoid recession

And India’s economic growth was peppier than expected

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