US median incomes remain stuck where they were nearly 25 years ago…
…and US inflation remains quite muted
The outlook among US homebuilders is brightening…
…even though housing starts disappointed in August, due to weak multifamily housing starts
Meanwhile, weekly claims for US unemployment benefits continued to signal job market strength
In the UK, London’s average home price breached £500,000 (more than $815,000)…
…and British unemployment fell to its lowest level since 2008
Indian inflation seems to have been tamed, falling to near five-year lows
In Russia, unemployment hit a record low
In Europe, final August readings showed deflation is still a threat
Japan registered its 26th-straight trade deficit
Sweden’s GDP growth was better than expected in the second quarter
Israel’s second-quarter growth was softer than first thought
New Zealand’s economy is growing at its fastest pace in a decade
Colombian growth slowed in the second quarter, thanks to a weak energy sector
The Irish economy looks like it is surging
Remittances to the Philippines, the second-largest receiver of the cash flows, rose 6% year-on-year
