| Today's Economy
U.S. Stimulus Coming as Trump Puts Pen to Paper Some changes to our baseline forecast are likely needed. Brazil's Job Market Chases Pre-Pandemic Peak The formal sector recovery is near complete. Happy Holidays From Economic View! We will return on Monday, December 28. Economic Roundup: No-Deal Brexit Now Off the Table The U.K. and European Union agree to a trade deal but it won't eliminate disruptions. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Weekly Highlights and Preview, December 28, 2020 The key data will be initial claims for unemployment insurance benefits; they likely rose. U.S. Macro Outlook: Making Our Way Back There is pent-up demand for activities consumers have been avoiding, and higher-income households have banked considerable financial firepower. Euro Zone Risk Matrix Update: A Brexit Deal in Time for the New Year Resolving EU access to British fishing waters is a good sign for future deals. U.K. Risk Matrix Update: Hard Brexit Is Off the Table COVID-19 clouds the outlook. » VIEW MORE COMMENTARY
Today's Economic Indicators
Spain
Retail Sales
Nov. 2020: -0.8%
Spain’s retail sales fell by 0.8% m/m in seasonally adjusted terms in November after a 0.1% increase in October. Argentina
Economic Activity Indicator
Oct. 2020: -7.36%
The statistics office’s monthly economic activity index dropped 7.4% y/y in October after declining 6.9% in September. United States
Moody’s Analytics & CNN Business Back-to-Normal Index
December 23: 81.7
The Moody’s Analytics & CNN Business Back-to-Normal Index ticked up from a revised 81.1 to 81.7 last week. World
Moody's Analytics Survey of Business Confidence
December 25: -1.3
Global business sentiment remained negative last week, as it has on a four-week moving-average basis since the pandemic struck in March. United States
Texas Manufacturing Outlook Survey
Dec. 2020: 9.7
Texas current factory activity accelerated in December. France
Job Seekers
Nov. 2020: 3.58 mil
The number of French job seekers rose by 36,600 in November to a total of 3.58 million. Argentina
Retail Sales Index
Oct. 2020: -65.3%
The index that tracks nominal sales at Buenos Aires’ largest shopping centers dropped 65.3% y/y in October after -88% in the previous month. South Korea
Consumer Sentiment Index
Dec. 2020: 89.8
Japan
Foreign Trade
Nov. 2020:
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