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, December 07, 2020

Today's Economy


Economic Roundup: U.S. Economic Struggles Could Help Stimulus Deal

We now look for $908 billion in stimulus to be passed during the lame-duck session.

Europe Daily Briefing: Brexit Nears, but Where Will EU Clear?

Questions remain over Brexit trade negotiations.

Asia-Pacific Daily Briefing: China’s Trade Roars Back in November

The resurgence of infections in Europe and the U.S. drove up demand for pandemic-related products.

Markets Make Light of November’s Disappointing Jobs Report

Apparently, markets believe Congress will somehow approve a relief package that will allow households, businesses and governments to cope.

» VIEW MORE TODAY'S ECONOMY



Commentary


U.S. Weekly Highlights and Preview, December 7, 2020

The weakening economy has reenergized negotiations in Washington DC over another fiscal rescue package.

U.S. COVID-19 Tracker Update: The Slowdown

The weakness in November employment was in private services, which is the most vulnerable to tighter coronavirus restrictions.

U.S. Chartbook: Recovery Weighed Down by COVID-19

November's weak jobs report provides an early hint of the damage done by surging COVID-19 cases.

Canada Outlook: Running the Gauntlet

Spiking COVID-19 cases raise the specter of a tough winter just as positive vaccine developments emerge.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Germany
Industrial Production
Oct. 2020: 3.2%
Headline calendar and seasonally adjusted industrial production jumped unexpectedly strongly in October, up 3.2% m/m after an upwardly revised 2.3% increase in September.

Chile
Consumer Price Index
Nov. 2020: 2.7%
Chile’s inflation reported a mild adjustment down, after staying around the 3% target in the previous two months.

Chile
Foreign Trade
Nov. 2020: US$1,568.1 mil
Chile’s foreign trade surplus rose from its October level, coming in at $1.6 billion for November, in line with our above-consensus forecast.

Colombia
Consumer Price Index
Nov. 2020: 1.49%
Colombia’s annual inflation rate decelerated in November amid stable average food prices and a sharp drop in the price index for apparel.

Canada
Purchasing Managers' Index
Nov. 2020: 52.7
The seasonally adjusted Ivey Purchasing Managers' Index fell slightly from 54.5 in October to 52.7 in November.

World
Moody's Analytics Survey of Business Confidence
December 04: -6.2
The recent positive news on the development of effective vaccines for COVID-19 have lifted global business sentiment somewhat.

United States
Consumer Credit (G19)
Oct. 2020: $7.2 bil
Consumer credit expanded in October by $7.2 billion.

Chile
Monetary Policy
Dec. 2020: 0.50%
Chile’s central bank kept monetary policy on hold in December for the eighth consecutive month, as inflation stays around the 3% target.

Japan
GDP
2020Q3:

» VIEW MORE ECONOMIC INDICATORS

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