Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Friday, January 08, 2021

Today's Economy


Canada Weekly: A Dismal December

Problems in the labor market in December show that Canada's economy is moving in the wrong direction.

COVID-19 Policy Tracker: More Stimulus On the Way

Now that Democrats have control of the U.S. Senate, more economic aid is likely.

Geopolitical Risk Calendar: U.S. Struggles to Avoid a Double-Dip

COVID-19 infection rates are running high in Europe.

December U.S. Employment Drop Is All About COVID-19

Vaccines and fiscal stimulus will provide a big boost to the labor market later this year.

» VIEW MORE TODAY'S ECONOMY



Commentary


Latin America Weekly Highlights and Preview: January 8, 2021

The U.S. recovery has reignited export industries in Mexico, but its domestic market remains a drag.

U.S. Risk Matrix Update: Spelling Fiscal Relief

It is difficult to forecast what happens in DC.

Europe Weekly Highlights and Preview, 8 January, 2021

Trade among euro zone countries will have suffered from the reimposition of lockdown measures.

Asia-Pacific Weekly Highlights and Preview: 8 January, 2021

Bank of Korea will likely hold steady at its January meeting.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Canada
RPS House Price Index
Dec. 2020:

France
Household Consumption Survey
Nov. 2020: -18.9%
France’s household consumption of goods plunged in November by 18.9% m/m, following an upwardly revised increase of 3.9% in October.

France
Industrial Production
Nov. 2020: -0.9%
France’s headline industrial production declined by 0.9% in November 2020, following an upwardly revised 1.9% increase in October.

Italy
Unemployment
Nov. 2020: 8.9%
Italy's employment situation improved in November.

Germany
Industrial Production
Nov. 2020: 0.9%
Headline calendar and seasonally adjusted industrial production rose further in November, albeit at a weaker pace.

Euro Zone
Unemployment
Nov. 2020: 8.3%
The euro zone’s seasonally adjusted unemployment rate slid to 8.3% in November from 8.4% in October.

Chile
Consumer Price Index
Dec. 2020: 2.97%
Annual inflation in Chile ended 2020 just at the 3% target as the economy remained underperforming and still affected by the pandemic.

Brazil
Industrial Production
Nov. 2020: 4.0%
Brazil’s industry continued to advance steadily in November as the economic reopening progressed and despite the persistent epidemic.

Canada
Labor Force Survey
Dec. 2020: 8.6%
Soaring COVID-19 cases and stricter public health measures have stalled the labor market's recovery.

United States
Employment Situation
Dec. 2020: -140,000
Payroll employment declined for the first time in the recovery as winter weather and the pandemic suppressed economic activity.

United States
Wholesale Trade (MWTR)
Nov. 2020: 0.0%
Wholesale inventories were unchanged in November after rising a revised 1.3% in October (previously 1.1%).

United States
Moody’s Analytics & CNN Business Back-to-Normal Index
January 06: 74.4
The Moody’s Analytics & CNN Business Back-to-Normal Index ticked up 0.5 point to 74.4 from a revised 73.9 last week.

United States
California Manufacturing Survey
2021Q1:

United States
Consumer Credit (G19)
Nov. 2020: $15.3 bil
Consumer credit expanded in November by $15.3 billion.

» VIEW MORE ECONOMIC INDICATORS

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