| Today's Economy
U.S. Consumers Upbeat on Jobs, Not so Much on Incomes There's a puzzling gap between assessments of the labor market and future earnings. LatAm Daily Briefing: Clock Ticking for Argentina on IMF Deal The country has a US$2.8 billion payment due in March. Producer Prices Pop in Germany Energy costs led the sharp increase. Inside Economics Podcast: Episode 42—Vehicles and More Vehicles The situation may be improving, but the semiconductor shortage and other supply-chain issues continue to stress the auto industry. » VIEW MORE TODAY'S ECONOMY
Commentary
Global Vaccine Tracker: Pandemic Persistence Many businesses are struggling to deliver goods and services and are curtailing activity. Five Risk Predictions for 2022 Risk managers can expect many obstacles over the next year, but what key trends, opportunities and challenges are likely to keep them up at night? Wealth Has Soared Since Mid-2020, If Unevenly Higher-income U.S. households have generally added more assets and debt. U.S. Used-Auto Prices Can't Hit the Brakes Supply-chain issues that caused the new-vehicle production crunch have not been resolved, and there are not many alternatives for consumers. » VIEW MORE COMMENTARY
Today's Economic Indicators
Finland
Unemployment rate
Dec. 2021: 6.7%
Finland’s not seasonally adjusted unemployment rate dropped to 6.7% in December from 7.6% a year earlier. Mexico
Economic Activity Index
Nov. 2021: 1.7% y/y
Economic activity in Mexico underperformed in November despite the low level of infections. United States
Philadelphia Fed Nonmanufacturing Survey
Jan. 2022: 2.6
January’s nonmanufacturing survey from the Philly Fed reveals a marked cooling of economic activity. United States
S&P CoreLogic Case-Shiller® Home Price Indexes
Nov. 2021: 18.3% y/y
House price appreciation slowed in November, as measured by the S&P CoreLogic Case-Shiller 20-City Composite Index, continuing the trend that started in the summer of reduced year-over-year price growth. United States
FHFA Purchase-Only House Price Index
Nov. 2021: 17.5% y/y
The Federal Housing Finance Agency Purchase-Only House Price Index is up 17.5% from a year earlier for November. United States
Regional and State Employment
Dec. 2021:
The December employment report for state and regional economies marked a lackluster ending to 2021. United States
Richmond Fed Manufacturing Survey
Jan. 2022: 8
Manufacturing activity in the Richmond Federal Reserve District softened in January. United States
Conference Board Consumer Confidence
Jan. 2022: 113.8
U.S. consumer confidence declined less than we anticipated in January as it appears that the Omicron variant of COVID-19 is hurting sentiment less than prior waves. United States
Moody’s Analytics Policy Uncertainty Index
January 21: 359.5 4-wk MA
The four-week moving average in our U.S. Argentina
Economic Activity Indicator
Nov. 2021: 9.3% y/y
The statistics office’s monthly economic activity index (IMAE) increased 9.3% y/y in November after 6.7% in the previous month. » VIEW MORE ECONOMIC INDICATORS | 
