Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Monday, August 23, 2021

Today's Economy


Economic Roundup: U.S. Existing-Home Sales Picking Up

Inventory is still problematic but there are some hints of improvement.

LatAm Daily Briefing: Labor Markets’ Long Haul

Despite recent advances, Latin America’s economic recovery remains fragile.

Inside Economics Podcast: Episode 20—Delta and Debt

Our Back-to-Normal Index shows how U.S. states are recovering economically from the crisis.

Europe Daily Briefing: Swedish PM Resigns

The change in leadership is unlikely to alter the country's economic policy.

» VIEW MORE TODAY'S ECONOMY



Commentary


U.S. Weekly Highlights and Preview, August 23, 2021

We explain what the Fed chairman will and won't say at Jackson Hole.

Emerging Market View: Trading Places

Southeast Asia will relinquish its lead over Latin America in the wake of the Delta surge.

U.S. COVID-19 Tracker Update: Delta Makes a Mark

The rapid increase in new infections zapped the momentum behind the Moody's Analytics & CNN Business Back-to-Normal Index.

Europe Weekly Highlights and Preview, 20 August, 2021

Germany’s estimate of second-quarter GDP will likely come in at 1.5% q/q.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Peru
GDP
2021Q2:

United States
Chicago Fed National Activity Index
Jul. 2021: 0.53
The Chicago Fed National Activity Index was 0.53 in July, up from a downwardly revised -0.01 in June.

Mexico
Retail & Wholesale Sales
Jun. 2021: 17.7% y/y
Household consumption in Mexico moderated in June as economic activity slowed and was dragged down by industry and services. The retail sales index reported an annual increase of 17.7% in June, after a rebound of 29.7% in the previous month and a contraction of 16.7% a year before.

World
Moody's Analytics Survey of Business Confidence
August 20: 18.1
Global business sentiment has significantly improved since earlier this year and is close to where it was pre-pandemic, but it has gone largely sideways since mid-June.

United States
Existing-Home Sales
Jul. 2021: 5.99 mil, SAAR
Existing-home sales increased 2% in July to 5.99 million units annualized, adding to June’s gain, and are now positive on year-over-year basis.

South Korea
Consumer Sentiment Index
Aug. 2021:

» VIEW MORE ECONOMIC INDICATORS

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