Today's Economy Economic Roundup: U.S. Labor Market Now Improving at Snail's Pace February's gain in nonfarm employment should be a little better than January's. LatAm Daily Briefing: Undermining Confidence If approved, a proposed change to Mexico's central bank functions will introduce risk to monetary independence. Europe Daily Briefing: German Insolvencies Down, for Now Insolvencies will increase once fiscal supports wind down. More Fiscal Stimulus in France A boost to the economy will take time. » VIEW MORE TODAY'S ECONOMY
Commentary A Regional View of the U.S. Vaccine Rollout Progress on COVID-19 inoculations paves the way for state economies to strengthen. Australia Forecast Update: Domestic Prospects Remain Favourable Our February baseline assumptions largely reflect our January outlook. U.S. Labor Force Recovery Hinges on Parents Getting Back to Work COVID-19 concerns and the prevalence of virtual schooling have hampered the return to work. Global Vaccine Tracker Update: The Race to Inoculate An unprecedented effort is underway. » VIEW MORE COMMENTARY
Today's Economic Indicators
Canada RPS House Price Index Jan. 2021: 10.6% The RPS 13-metro area composite index rose 0.3% from December and advanced 10.6% year over year. Mexico Industrial Production Dec. 2020: -2.1% y/y Mexico’s industry advanced in December at a moderate rate. Russian Federation Foreign Trade Dec. 2020: US$10.6 bil Russia’s trade balance made meaningful progress in December. United States Jobless Claims February 06: 793,000 U.S. initial claims for unemployment insurance are modestly improving again. Netherlands Consumer Price Index Jan. 2021: 1.6% y/y Inflation in the Netherlands jumped to 1.6% in January. World Moody's Analytics Global CPI Jan. 2021: 0.5% Our estimate of worldwide inflation picked up to 3.2% y/y in January from an upwardly revised rate of 3.1% in December. United States St. Louis Fed Financial Stress Index February 05: -0.77 The St. United States MBA Delinquency Rates 2020Q4: 6.73% M United States NAR Metro Prices 2020Q4: 14.9% y/y The national median single-family house price rose 14.9% y/y during the fourth quarter as the housing market continued its boom despite the effects of the COVID-19 pandemic. United States Natural Gas Storage Report February 05: -171 bil cubic feet Working gas in underground storage dropped by 171 billion cubic feet during the week ended February 5. Uruguay Industrial Production Dec. 2020: 1.4% y/y Uruguay's manufacturing sector increased in December and resumed its recovery path after pausing in November. Argentina Consumer Price Index Jan. 2021: 38.5% y/y The statistics office’s national consumer price index increased 4% in January, sharply up from 2.3% a year earlier. Mexico Monetary Policy Feb. 2021: 4.00% The Central Bank of Mexico eased monetary conditions again after a four-month pause, despite an inflation rebound. » VIEW MORE ECONOMIC INDICATORS |