| Today's Economy
Economic Roundup: U.S. COVID-19 Cases Skyrocketing; Economic Costs Small, so Far Some signs emerge that Omicron is cutting into the economy. Capital Market View: U.S. December CPI Could Cement Fed's Plan The Fed may need to remove policy accommodation soon as inflation north of 7% won't sit well. LatAm Daily Briefing: A Very Peculiar Recession A short, mild downturn looms in Chile’s near future. Inside Economics Podcast: Episode 40—Payrolls and Planes Workers in low-wage jobs lead the way in the record rate of employees quitting their jobs. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Weekly Highlights and Preview, January 10, 2022 The consumer price index for December, due out this week, will show that year-over-year growth exceeded 7% and hasn’t peaked yet. U.S. Chartbook: Labor Market and Monetary Policy Tighten On average, 537,000 jobs were added per month in 2021. Bubble Watch: Will Soaring U.S. Home Prices Reverse Course? Limited supply and favorable demographics will prevent a collapse in 2022. U.S. COVID-19 Tracker: Can't Dodge Omicron The virus variant will temporarily disrupt the job market, and the January employment report could be ugly. » VIEW MORE COMMENTARY
Today's Economic Indicators
Netherlands
Industrial Production
Nov. 2021: 10.6% y/y
Powering through the global supply squeeze, average daily industrial production stood 10.6% higher than a year earlier in November. Norway
Consumer Price Index
Dec. 2021: 5.3% y/y
Norway’s consumer price index rose to 5.3% y/y in December from 5.1% y/y in November. Denmark
Consumer Price Index
Dec. 2021: 3.1% y/y
The overall consumer price index rose by 3.1% y/y in December. Denmark
Industrial Production
Nov. 2021: 3.0% m/m
Industrial production increased 3% m/m in November, while the three months ending in November realized a 0.3% increase in industrial production. Finland
Industrial Production
Nov. 2021: 0.6% m/m
Finland’s industrial production expanded by 0.6% m/m after a downwardly revised nil reading in October. Austria
Industrial Production
Nov. 2021: 2.0% m/m
Despite the global supply-side crunch, Austrian industrial production grew 2% m/m in November, after a revised 1.3% m/m gain in October. Sweden
Industrial Production
Nov. 2021: 0.1% m/m
Industrial production in Sweden inched up by 0.1% m/m in November, adding to the 1.9% gain in October. Italy
Unemployment
Nov. 2021: 9.2%
Italy’s employment situation improved in November, as employment increased in monthly terms while joblessness and inactivity declined. Euro Zone
Unemployment
Nov. 2021: 7.2%
The euro zone’s seasonally adjusted unemployment rate declined to 7.2% in November from 7.3% in October, pushing it further below pre-pandemic levels. Ireland
Industrial Production
Nov. 2021: 37.4% m/m
Irish industrial production jumped by 37.4% m/m in November after diving by 32.1% in October in seasonally adjusted terms. United States
Wholesale Trade (MWTR)
Nov. 2021: 1.4% m/m
The November wholesale trade report shows inventories grew 1.4% from the month before. World
Moody's Analytics Survey of Business Confidence
January 07: 3.2
Global businesses are wary, as the pandemic continues to weigh heavily on sentiment. Canada
RPS House Price Index
Dec. 2021:
United States
Semiconductor Billings
Nov. 2021: 1.8%
Global semiconductor sales continue to rise at a rapid pace. Australia
Foreign Trade
Nov. 2021:
Australia
Retail Sales
Nov. 2021:
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