Today's Economy Economic Roundup: Winter Is Least Concerning for Q1 U.S. GDP Storm could add some volatility to monthly data on retail sales, industrial production and housing. Snow Is Still Falling, but Storm’s Cost Is Coming Into View Nor’easter will likely result in $3 billion to $5 billion in lost U.S. output. Europe Daily Briefing: Austria Experiments With Softer Lockdown Loosening of lockdowns doesn’t herald the start of a recovery yet. India's Union Budget Is High on Spending The measure delivers on various counts, including healthcare, but there are major concerns. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. COVID-19 Tracker Update: More Light at the End of the Tunnel Timing on a new fiscal relief package is critical. U.S. Chartbook: Time for a Breather Recent data on home sales suggest housing is primed for a cooldown. U.S. Risk Matrix Update: Here We Go Again Negotiations continue about the next round of fiscal relief. This Week in the COVID Crisis A bipartisan compromise on the next fiscal stimulus would ensure that support gets to the economy quickly. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States CoreLogic Home Price Index Dec. 2020: 9.2% The CoreLogic Home Price Index rose 1% in December from the previous month and advanced 9.2% year over year. Euro Zone Preliminary GDP 2020Q4: -0.7% Preliminary estimates reported that euro zone real GDP slumped by 0.7% q/q in the fourth quarter of 2020 following a 12.4% rebound in the third quarter. Brazil Industrial Production Dec. 2020: 5.6% The national industry continued to strengthen at the end of the year, leading the recovery. United States Moody's Analytics Used Vehicle Price Indexes Jan. 2021: 15.3% U.S. wholesale used-vehicle price appreciation rose in January. United States ISM - NY Report Jan. 2021: 51.2 New York City is at least temporarily leveling off based on the January ISM-New York Report on Business. United States Housing Vacancies & Homeownership 2020Q4: 65.8% Pandemic-related disruptions interfered with Census Bureau data collection efforts in the fourth quarter of 2020, albeit to a lesser degree than in the previous two Housing Vacancies & Homeownership releases. United States Moody’s Analytics Policy Uncertainty Index January 29: 411.8 The four-week moving average in our U.S. policy uncertainty index increased from 409 to 411.8 in the week ended January 29. » VIEW MORE ECONOMIC INDICATORS |