| Today's Economy
Economic Roundup: U.S. Manufacturing Conditions Soften Empire State manufacturing survey dropped in August and July retail sales could disappoint. Capital Market View: Should We Worry About High-Yield Bond Spreads? Junk-bond spreads are noisy leading indicators, but there could be cause for concern. Inside Economics Podcast: Episode 19—China Angst and Container Cost What's ahead for China's economy and U.S. relations. LatAm Daily Briefing: Peru Joins the Tightening Cycle The Peru central bank’s rate hike is its first major policy action in more than a year. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Weekly Highlights and Preview, August 16, 2021 Because of the timing of Amazon Prime day, retail sales likely dropped by 1.5% in July. U.S. Chartbook: CPI, Not COVID-19 Concern, Moderates Economic data released last week hint at the possible risks the Delta variant could raise. Latin America Weekly Highlights and Preview, August 13, 2021 Second-quarter GDP figures underline the divergence between Andean economies. Europe Weekly Highlights and Preview, 13 August, 2021 The U.K.'s gradual reopening fueled spring job growth. » VIEW MORE COMMENTARY
Today's Economic Indicators
Belgium
Consumer Price Index
Jul. 2021: 2.3% y/y
Consumer price growth in Belgium crept higher in July, rising to 2.3% y/y from 1.6% y/y in June. Belgium
Industrial Production
Jun. 2021: 27.5% y/y
Belgium's industrial production index advanced by a robust 27.5% in June on a year-ago basis. Canada
Survey of Manufacturing
Jun. 2021: 2.1% m/m
Despite the impediments created by the global semiconductor chip shortage, the auto industry helped lift manufacturing sales to a modest gain in June. Canada
New Motor Vehicle Sales
Jun. 2021: 3.0% y/y
Canadian purchases of cars and trucks increased in June, marking the first increase in three months. Canada
Wholesale Trade
Jun. 2021: -0.8%
Wholesale sales fell by 0.8% in June, landing at C$71.5 billion. United States
NY Empire State Manufacturing Survey
Aug. 2021: 18.3
New York’s manufacturers remain upbeat but are less euphoric than last month, according to the August Empire State Manufacturing Survey. World
Moody's Analytics Survey of Business Confidence
August 13: 15.7
Global business sentiment weakened last week, with assessments of current business conditions turning notably softer. United States
Cox Automotive/Moody’s Analytics Vehicle Affordability Index
Jul. 2021: 37.4 weeks, NSA
New-vehicle affordability declined slightly in July. Peru
Unemployment
Jul. 2021: 9.4%
The job market in metropolitan Lima performed a touch better than expectations in the May to July rolling quarter, but deep wounds remain. Singapore
Foreign Trade
Jul. 2021:
United States
Treasury International Capital Flows
Jun. 2021: $110.9 bil
Net long-term capital flows were positive in June following outflows in May. » VIEW MORE ECONOMIC INDICATORS | 
