Today's Economy Economic Roundup: Limited Permanent Scarring in U.S. Labor Market, So Far The Beveridge curve is moving back toward where it was pre-COVID-19. LatAm Daily Briefing: Uruguay's Tourism Plan A slump has officials hoping to attract foreign property owners. Rising U.S. Unemployment Duration Complicates Job Finding While the unemployment rate has significantly recovered, the number of long-term unemployed is trending higher. Europe Daily Briefing: German Industry Likely on Firm Footing Increased truck toll mileage in November adds to solid industrial gains in October. » VIEW MORE TODAY'S ECONOMY
Commentary Latin America Outlook 2021: Recovery Is Underway The region's economy left recession behind, but risks lurk ahead. The ECB Will Act Markets expect the central bank to expand monetary policy at Thursday's meeting. 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. » VIEW MORE COMMENTARY
Today's Economic Indicators
Spain Industrial Production Oct. 2020: 0.6% Spain’s industrial production increased by 0.6% in October, continuing its upward trend for the sixth straight month. United States MBA Mortgage Applications Survey December 04: -1.2% Mortgage applications slid 1.2% in the week of December 4 after falling 0.6% in the previous week. Mexico Consumer Price Index Nov. 2020: 3.33% Mexico’s inflation unexpectedly declined in November, as core prices contracted mildly. United States Wholesale Trade (MWTR) Oct. 2020: 1.1% The need to replenish depleted inventories will boost U.S. Canada Monetary Policy Dec. 2020: 0.25% The Bank of Canada made no changes to its monetary policy stance, keeping interest rates at their previous levels and continuing the current quantitative easing program. United States Job Openings and Labor Turnover Survey Oct. 2020: 4.5% openings rate Employment dynamics changed little in October compared with the prior month. United States Oil Inventories December 04: 503.2 mil barrels An unexpected and large build in crude oil inventories will push down on oil prices. Argentina Industrial Production - Advance Oct. 2020: -2.9% Industrial output fell 2.9% y/y in October (NSA) after expanding 3.7% in the previous month. Brazil Monetary Policy Dec. 2020: China Monetary Aggregates Nov. 2020: » VIEW MORE ECONOMIC INDICATORS |