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U.S. existing home sales decline in August

Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December

U.S. Q3 economic growth unrevised in second estimate

U.K.’s flash PMI indices indicate decline in business activity in November, composite index falls to 47.4

Germany's unemployment exceeds expectations in September

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Bank Indonesia keeps key interest rate on hold at 3.75 pct

Canada's economy shows growth in July, but growth stalled in

U.S. personal income and spending rose less than expected in August

U.S. durable goods orders sustain robust growth

Reserve Bank of India likely to stand pat in December

Australian economic growth recovers strongly in Q3 2020

U.S. Consumer Confidence falls in September

Swedish economic sentiment indicator rises in November

U.S. House prices increase slightly in July

Philippine central bank keeps interest rate unchanged at 2 pct

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Chart of the Day: Decay in productivity

Chart courtesy - Cleveland Fed

Wednesday, December 21, 2016 7:45 PM UTC

This chart shared by Cleveland Fed shows by far the biggest challenge for the newly elected President of the United States Donald Trump.

As the productivity growth declined to the lowest level in 36 years, it is clear that monetary policy can't revive that.

The question is, can the policies of Donald Trump deliver a Reagan style productivity recovery.

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Chart of the Day: Decay in productivity

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