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.

Thursday, December 31, 2020

Today's Economy


Happy New Year From Economic View

We will be back on Monday.

Canada Weekly: Trade Tumult in 2020

Overall exports fell 7% versus the preceding five-year trend.

Singapore's Outsize Export Performance Masks Trends in Electronics

Nonelectronics have supported strong growth in exports and production.

Chinese Tourism Threatened by Outbreaks Ahead of Lunar New Year

COVID-19 flare-ups have put authorities on high alert.

» VIEW MORE TODAY'S ECONOMY



Commentary


South Korea Risk Matrix Update: Third Wave Weighs on Economic Recovery

Concerns are growing about the recent shutdowns of key industrial plants due to reported infections.

China Risk Matrix Update: Hope for Sustained Rebound

The country has done an outstanding job containing new virus cases but may struggle to do so during the winter holiday season.

Europe Weekly Highlights and Preview: 31 December, 2020

Income data will offer a clearer view of the consequences of November's lockdown measures.

Japan Risk Matrix Update: Positives, Negatives Amidst the Recovery

The country's external position is favourable, but the country is battling a surge in COVID-19.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Chile
Employment
Nov. 2020: 10.8%
The national unemployment rate averaged 10.8% in the September-November rolling quarter, down from a recent peak of 13.1% in May-July, but sharply up from 7% a year earlier.

Chile
Manufacturing Production
Nov. 2020: -1.7%
Chile's industry reported a fall in November after a strong rebound in the previous two months.

Chile
Retail & Wholesale Sales
Nov. 2020: 15.2%
Chile’s retail and wholesale sales posted another impressive gain in November, rising 15.2% y/y.

United States
Jobless Claims
December 26: 787,000
U.S. initial claims for unemployment insurance are more unreliable than unusual this time of year because of seasonal adjustment issues surrounding the holidays.

United States
St. Louis Fed Financial Stress Index
December 25: -0.58
The St.

United States
Natural Gas Storage Report
December 25: -114 bil cubic feet
The draw in natural gas inventories fell short of analyst expectations, suggesting that this report will weigh on gas prices somewhat.

» VIEW MORE ECONOMIC INDICATORS

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