Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Thursday, April 16, 2020

Today's Economy


Economic Roundup: Sudden Stop for U.S. Labor Market

Another 5 million people filed for unemployment insurance benefits.

LatAm Daily Briefing: Virus Halts Venezuela Recovery Hope

COVID-19 remains contained, but the negative impact of lower oil prices on the economy will be devastating.

Europe Daily Briefing: Retailers Are Feeling the Pain

The big unknown is how the pandemic crisis will move inflation.

Our Updated Estimate of U.S. Unemployment

A back-of-the-envelope calculation puts the unemployment rate as high as 20% right now.

» VIEW MORE TODAY'S ECONOMY



Commentary


A Mid-April Update to Regional COVID-19 Exposure

Broader vulnerabilities replace finance in index, but the most exposed economies remain the same.

U.S. COVID-19 Tracker Update: Surging Claims Imply Severe Recession

Many of the daily data we track remain grim but have stabilized.

Cracks Emerge in the U.S. Commercial Property Market

Prices will decline across all major categories this year as demand falters due to the COVID-19 crisis.

Asia-Pacific Outlook: Keeping a Second Wave at Bay

The entire region is unlikely to enjoy a return to robust growth until 2021.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Germany
Consumer Price Index
Mar. 2020: 1.4%
German consumer price inflation cooled to 1.4% y/y in March from 1.7% in February.

Euro Zone
Industrial Production
Feb. 2020: -0.1%
Euro zone industrial production fell by 0.1% m/m in February after surging by 2.3% in January, beating the consensus for a sharper decline.

Canada
ADP Canada National Employment Report
Mar. 2020: -177,347
As expected, the Canadian labor market contracted significantly in March, according to the most recent ADP employment report estimates.

Canada
Survey of Manufacturing
Feb. 2020: 0.5%
Manufacturing snapped its streak of poor performance in February.

United States
Moody's Analytics Beige Book Index
Apr. 2020: -27.8
Fallout from the COVID-19 pandemic caused the Moody’s Analytics Beige Book Index to plummet to -27.8 in April, its worst reading since 2009.

United States
Jobless Claims
April 11: 5,245,000
Initial claims are on a firm downward trend, but Americans are still filing for unemployment insurance benefits by the millions.

United States
Philadelphia Fed Survey
Apr. 2020: -56.6
The Philadelphia Fed’s manufacturing survey tumbled ever lower in April, as the survey's headline series fell to -56.6.

United States
New Residential Construction (C20)
Mar. 2020: 1.216 mil
COVID-19 and weather-related payback are taking a toll on housing and it will likely get worse in April.

United States
St. Louis Fed Financial Stress Index
April 10: 2.02
Financial stress declined for the third straight week behind improving investor optimism.

United States
Natural Gas Storage Report
April 10: 73 bil cubic feet
A larger than expected build in natural gas stocks will be a negative for already low gas prices.

Singapore
Foreign Trade
Mar. 2020:

Uruguay
Industrial Production
Feb. 2020: 1.0%

South Korea
Employment
Mar. 2020:

China
Fixed Asset Investment
Mar. 2020:

China
GDP
2020Q1:

China
Industrial Production
Mar. 2020:

China
Retail Sales
Mar. 2020:

» VIEW MORE ECONOMIC INDICATORS

NOT A SUBSCRIBER?

Enjoy real-time coverage of the world's economies.

» Tour Economy.com

FREE 14-DAY TRIAL

SURVEY OF BUSINESS CONFIDENCE


Be A Part Of The Results

Help shape the outcome of the Survey of Business Confidence and gain exclusive insight to shifts in global business confidence.

» Learn More

TAKE THE SURVEY

Contact Us

Visit us online, email help@economy.com, or use one of the numbers below:


Americas
+1.866.275.3266


Europe
+44.20.7772.5454


Asia/Pacific
+852.3551.3077


All Others
+1.610.235.5299



For information on how Moody's Analytics processes and protects personal data, please see the Privacy Policy available at www.moodys.com.

You are receiving this email as a subscriber to Economy.com.
If you wish to unsubscribe from the Economic Roundup, please click here.


This email was sent by Moody's Analytics
121 North Walnut Street, Suite 500s
United States

-----------------------------------------
Moody's monitors email communications through its networks for regulatory compliance purposes and to protect its customers, employees and business and where allowed to do so by applicable law. The information contained in this e-mail message, and any attachment thereto, is confidential and may not be disclosed without our express permission. If you are not the intended recipient or an employee or agent responsible for delivering this message to the intended recipient, you are hereby notified that you have received this message in error and that any review, dissemination, distribution or copying of this message, or any attachment thereto, in whole or in part, is strictly prohibited. If you have received this message in error, please immediately notify us by telephone, fax or e-mail and delete the message and all of its attachments. Every effort is made to keep our network free from viruses. You should, however, review this e-mail message, as well as any attachment thereto, for viruses. We take no responsibility and have no liability for any computer virus which may be transferred via this e-mail message.
-----------------------------------------

g:EAD353FCF8AA4A669856A394A96B696A d:603053A52E094A628855FC54F8A1BBCD