| Today's Economy
LatAm Daily Briefing: Industrial Output Encourages Hopes rise for a robust recovery in the second half of the year. Mexico's Industry Revives: 'So Far From God and So Close to the United States' A recovery is being pulled forward by U.S. demand for exports. Europe Daily Briefing: Sentiment Rises in Germany, Euro Zone We remain cautious about the outlook, especially for Germany. Asia-Pacific Daily Briefing: China's Vehicle Sales Surged in July The uptick bodes well for the domestic economy. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Weekly Highlights and Preview, August 10, 2020 The consumer price index likely rose 0.4% in July, a touch stronger than the consensus. U.S. Chartbook: A Precarious Recovery New data signal a recovery is slowing its pace. Mexico Outlook: Deepest Recession Since Great Depression The economy faces a double-digit contraction in 2020 but will recover in 2021. This Week in the COVID Crisis Trump’s executive orders fall well short of what is needed to avoid renewed job loss and rising unemployment. » VIEW MORE COMMENTARY
Today's Economic Indicators
Canada
RPS House Price Index
Jul. 2020: 6.4%
Despite persistent weakness in the labor market, the Canadian housing market continues to march ahead. United Kingdom
Unemployment
Jul. 2020: 3.9%
U.K. joblessness held steady at 3.9% in the June quarter, again beating expectations for a rise due to the COVID-19 crisis. United States
NFIB Small Business Survey
Jul. 2020: 98.8
The NFIB Small Business Optimism Index took a step backward in July, falling 1.8 points to 98.8. Canada
Housing Starts
Jul. 2020: 246 ths
The reopening of provincial economies along with the easing of public health restrictions on construction projects led to the surge in housing starts in July. India
Industrial Production
Jun. 2020: -16.6%
Industrial production in India declined 16.6% y/y in June. United States
Producer Price Index
Jul. 2020: 0.6%
The U.S. producer price index rose 0.6% in July, but this comes on the heels of a 0.2% decline in June. Mexico
Industrial Production
Jun. 2020: -16.7%
Mexico’s industry continued to report a significant annual contraction in June, although it advanced monthly. Russian Federation
Foreign Trade
Jun. 2020: US$5.3 bil
Russian trade began its rebound in June. Uruguay
Industrial Production
Jun. 2020: -0.8%
Industrial production in Uruguay fell by a modest 0.8% in June compared with a year ago. South Korea
Employment
Jul. 2020:
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