Today's Economy Economic Roundup: That Pit in Your Stomach U.S. employment dropped in March and this is just the tip of the iceberg. What Happened to U.S. Employment in March? The reality of the job losses was much more dire than we had expected. Canada Weekly: How the Outbreak Compares The COVID-19 crisis has not spared Canada. Geopolitical Risk Calendar: COVID-19’s Economic Fallout Is Felt Across the Globe Leading data point to a historic decline in GDP across most of the major economies. » VIEW MORE TODAY'S ECONOMY
Commentary Latin America Weekly Highlights and Preview, April 3, 2020 Brazil’s retail consumption decelerated as the economy moderated in tandem with worsening global conditions. Europe Weekly Highlights and Preview, 3 April, 2020 There is scope for additional economic measures to address COVID-19 in countries such as Italy and Spain. Asia-Pacific Weekly Highlights and Preview, 3 April, 2020 China's consumer prices likely cooled, but underlying inflation should pick up a little pace. U.S. COVID-19 Tracker: Surging Claims Imply Severe Recession New filings totaled 6.648 million in the week ended March 28. » VIEW MORE COMMENTARY
Today's Economic Indicators
Malaysia Foreign Trade Feb. 2020: MYR12.6 bil Malaysia’s exports surged 11.8% y/y in February, the strongest growth in over a year, amidst supply chain disruptions due to outbreaks of COVID-19 across the globe. Spain Industrial Production Feb. 2020: 0.0% Spain’s industrial production had no change in February. Euro Zone Retail Sales Feb. 2020: 0.9% Euro zone retail sales rose by an above-consensus 0.9% m/m in February, building on a 0.7% increase in January. United States Semiconductor Billings Feb. 2020: -2.5% United States Employment Situation Mar. 2020: -701,000 The March employment report was shocking. Peru Consumer Price Index Mar. 2020: 1.8% Inflation in the Lima metropolitan area rose 1.8% in March on a year-ago basis, 0.1 percentage point less than the annual inflation rate in February. United States ISM Nonmanufacturing Index Mar. 2020: 52.5 The nonmanufacturing sector of the economy held up well in March, but the outlook remains grim. Uruguay Consumer Price Index Mar. 2020: 9.2% Uruguayan inflation accelerated more than expected in March, rising to 9.2% from 8.3% in the prior month. » VIEW MORE ECONOMIC INDICATORS |