| Today's Economy
Canada Weekly: Semiconductor Shortfall, Auto Stall The semiconductor chip shortfall is adding to the auto sector's laundry lists of challenges. Economic Roundup: Mother Nature Taketh and Giveth Bad weather reduced housing starts in February but boosted them in March. The 'Economic Fair Value' of 10-Year U.S. Treasury Yield The rise of long-term rates is justified given the improvement in the economy. Hong Kong to Reopen Border With Mainland China The opening will breathe life into a struggling service sector. » VIEW MORE TODAY'S ECONOMY
Commentary
Macro Roundup: Look Beyond Base Effects in China The monthly data released Friday all came in at a blistering pace. Latin America Weekly Highlights and Preview, April 16, 2021 Updates on Mexico and Argentina in February will paint a clearer picture of the two economies before the third COVID-19 wave began to swell in earnest. Japan Risk Matrix Update: Fourth Wave Emerges Renewed curbs will delay a meaningful revival in domestic spending by a few more months. Asia-Pacific Weekly Highlights and Preview: 16 April, 2021 We expect strong trade growth from Japan. » VIEW MORE COMMENTARY
Today's Economic Indicators
Euro Zone
Consumer Price Index
Mar. 2021: 1.3%
The euro zone harmonized index of consumer prices rose by 1.3% y/y in March, following a 0.9% increase in February. Euro Zone
External Trade
Feb. 2021: €17.7 bil
The euro zone’s nonseasonally adjusted trade surplus in goods decreased to €17.7 billion in February from €23.4 billion in the same month a year earlier. Austria
Consumer Price Index
Mar. 2021: 2.0%
Inflation has started to pick up in Austria following the loosening of COVID-19 restrictions. Canada
International Transactions in Securities
Feb. 2021: C$8.5 bil
Stocks proved to be the hot item in February. Canada
New Motor Vehicle Sales
Feb. 2021: -6.5%
Total new-vehicle sales increased by 22.9% from January to February, but contracted by 6.5% from a year earlier. Canada
Wholesale Trade
Feb. 2021: -0.7%
Wholesale trade retreated slightly in February after an encouraging month in January. United States
New Residential Construction (C20)
Mar. 2021: 1.739 mil, SAAR
U.S. residential construction bounced back in March after weather weighed on it in February. United States
Moody’s Analytics & CNN Business Back-to-Normal Index
April 14: 88.4
Capping off a strong week of economic data, the Moody’s Analytics & CNN Business Back-to-Normal Index jumped to a record high 88.4 this week. United States
University of Michigan Consumer Sentiment Survey
Apr. 2021: 86.5
U.S. consumer sentiment improved in April as vaccinations continued, cash was abundant, and economic fundamentals were mostly positive. United States
Regional and State Employment
Mar. 2021:
March’s job numbers for state and regional economies indicate a labor market that’s getting ready for takeoff. United States
Median usual weekly earnings
2021Q1: 3.3% y/y
U.S. nominal wage growth posted a decent gain in the first quarter even though a significant amount of slack remains in the labor market. » VIEW MORE ECONOMIC INDICATORS | 
