Today's Economy Economic Roundup: U.S. Stimulus Likely Helps to Avoid a Double-Dip Recession The latest round of stimulus will probably require us to make minor tweaks to the baseline forecast. LatAm Daily Briefing: Mexico's Jobs Recovery Downshifts The COVID-19 pandemic has sharply intensified. Europe Daily Briefing: Dutch Consumers Cheer Up in December Dutch consumer sentiment improves in December, but consumption is set to struggle. Asia-Pacific Daily Briefing: South Korea's Improving External Position South Korea and China are leading Asia's recovery, but risks remain. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Weekly Highlights and Preview: December 21, 2020
Consumer confidence and home sales highlight a holiday-shortened week. Replacing Libor in the Global Macroeconomic Model Our methodology for finding a suitable economic replacement. U.S. Chartbook: Tidings of Slowdown and Stimulus The agreement on additional fiscal stimulus is encouraging given signs of a waning recovery. U.S. Employment Outlook: Chills Heading Into Winter The labor market is delivering smaller and smaller gains as the recovery progresses. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States Moody's CMBS Delinquency Tracker Nov. 2020: 7.59% The Moody’s Delinquency Tracker total delinquency rate declined 18 basis points to 7.59% in November. Canada New Housing Price Index Nov. 2020: 4.6% Canada’s real estate market stayed hot for another month. United States Chicago Fed National Activity Index Nov. 2020: 0.27 The November reading for the Chicago Fed’s National Activity Index declined over the past month, falling to 0.27 from 1.01 in October. Mexico Retail & Wholesale Sales Oct. 2020: -7.1% Sales in retail stores reported a mild monthly contraction in October after advancing steadily in previous months. World Moody's Analytics Survey of Business Confidence December 18: -2.1 Global business sentiment slipped back into negative territory last week, as improving expectations regarding the economy’s prospects by mid-2021 were more than washed out by continued worries about present conditions. » VIEW MORE ECONOMIC INDICATORS |