| Today's Economy
Capital Market View: Fed's MBS Purchases Helped but Didn't Ignite Housing Boom Supply-demand imbalance is pushing house prices higher. LatAm Daily Briefing: Venezuela’s Migrant Flow Resumes After a 2020 pandemic pause, Venezuela’s population exodus resumes this year. Europe Daily Briefing: Sweden Manufacturing on the Rise Solid demand keeps the outlook positive, though supply-side disruptions will likely hold up production at other points before the year ends. Asia-Pacific Daily Briefing: Tough Going for the Philippines GDP contracted by 1.3% q/q in Q2, and the current quarter will also be strained. » VIEW MORE TODAY'S ECONOMY
Commentary
Global Vaccine Tracker: More Cases, More Jabs Potential economic fallout from surging infections and hospitalizations due to the Delta variant of COVID-19 in the U.S. is a pressing concern. U.S. Road to Recovery: The Labor Market Heats Up Inventory rebuilding should boost GDP growth in the second half, but the risks are weighted to the downside. U.S. Weekly Highlights and Preview, August 9, 2021 We look for the headline and core consumer price indexes to have risen 0.5% and 0.4%, respectively, in July. This Week in the COVID Recovery The job market makes a strong comeback from the pandemic, but with remote work there is no going back. » VIEW MORE COMMENTARY
Today's Economic Indicators
Canada
RPS House Price Index
Jul. 2021:
Denmark
Consumer Price Index
Jul. 2021: 1.6% y/y
Prices in Denmark moved upwards in July, albeit at a slower pace than the previous month. Finland
Industrial Production
Jun. 2021: -2.0% m/m
Finland’s industrial production contracted by 2% m/m, cancelling out a downwardly revised 2% expansion in May. Norway
Consumer Price Index
Jul. 2021: 3% y/y
Norway’s consumer price index increased by 3% y/y in June after rising by 2.9% in May. Sweden
Industrial Production
Jun. 2021: 2.0% m/m
Sweden’s industrial production rebounded by 2% m/m in June after shrinking by 0.3% in May. Austria
Industrial Production
Jun. 2021: -1.8% m/m
Austria’s industrial production index saw further year-over-year growth in June. United States
NFIB Small Business Survey
Jul. 2021: 99.7
U.S. small businesses were less upbeat in July and turned more pessimistic about the outlook for the economy. Brazil
Consumer Price Index
Jul. 2021: 8.99% y/y
Brazil’s inflation continued to escalate in July as prices remain under pressure. United States
Productivity and Costs
2021Q2: 2.3%, q/q, SAAR
Productivity growth in the U.S. remains strong in the aftermath of the COVID-19 recession. Netherlands
Industrial Production
Jun. 2021: 18.0% y/y
Industrial production in the Netherlands hit a historic high, jumping 18% in June compared with a year earlier. United States
Moody’s Analytics Policy Uncertainty Index
August 06: 314.5
The four-week moving average in our U.S. United States
CreditForecast.com Household Credit Report
Jul. 2021: 6.24% y/y
The consumer credit market saw strong growth in July, increasing a total of $94 billion to $14.6 trillion in total outstanding debt. China
Monetary Aggregates
Jul. 2021:
South Korea
Employment
Jul. 2021:
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