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.

Wednesday, August 25, 2021

Today's Economy


Economic Roundup: U.S. Business Investment Has Cooled

Durable-goods orders fell in July and the details were soft.

LatAm Daily Briefing: Same Speed, Different Distance to Go

Despite parallel recoveries, the Mexican and U.S. economies will reach their pre-pandemic targets on different tracks.

Europe Daily Briefing: Germany's Centre-Left Party Makes an Unexpected Comeback

An SPD-led government would likely increase investment.

Economic Roundup: Plenty of Supports for U.S. Home Sales

U.S. new-home sales edged higher in July.

» VIEW MORE TODAY'S ECONOMY



Commentary


Japan Risk Matrix Update: A Clouded Picture

GDP eked out some moderate growth in the second quarter, but the outlook for labour demand and spending remains at risk.

U.S. Employment Outlook: The Long Road

The unemployment rate will drop to 4.6% by year’s end and below its full-employment rate by the end of 2022.

U.S. Credit Outlook: Mortgages Lead the Way

Recent momentum in new- and used-vehicle prices has been a significant contributor to auto balance growth.

Global Vaccine Tracker: Efficacy at Issue

Israel, the first country to vaccinate a majority of its citizens, has seen a dizzying rise in cases of late.

» VIEW MORE COMMENTARY



Today's Economic Indicators


France
Job Seekers
Jul. 2021: 3.36 mil
The number of French job seekers fell by 58,000 in July to a total of 3.36 million.

United States
MBA Mortgage Applications Survey
August 20: 1.6%
Mortgage applications ticked up 1.6% in the week of August 20, following last week’s 3.9% contraction.

Mexico
Economic Activity Index
Jun. 2021: 13.3% y/y
Economic activity in Mexico moderated in June in monthly and annual terms as the positive base effect vanished.

United States
Durable Goods (Advance)
Jul. 2021: -0.1% m/m
U.S. durable-goods orders fell less than we anticipated in July, but the details were on the soft side, a sign that business equipment spending is moderating.

Mexico
GDP
2021Q2: 19.6% y/y
Mexico’s economy gained a little traction in the second quarter and posted a strong annual rebound of 19.6%, after a fall of 3.6% in the previous quarter and a contraction of 18.7% a year earlier.

United States
Moody's Analytics Inflation Expectations Pulse
August 22: 2.4%
The Moody’s Analytics Inflation Expectations Pulse increased for the second week in a row following new data released two weeks ago by the Survey of Professional Forecasters.

United States
Oil Inventories
August 20: 432.6 mil barrels
A larger than anticipated decline in crude oil stocks will put some upward pressure on oil prices.

Russian Federation
Industrial Production
Jul. 2021: 6.8% y/y
The rebound in Russia's industrial production decelerated in July, posting a 6.8% yearly gain as opposed to the 8.2% market consensus.

» VIEW MORE ECONOMIC INDICATORS

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