| Today's Economy
Economic Roundup: Fiscal Impulse Peaking as Congress Gets Down to Business Washington DC weighs Biden’s Build Back Better agenda and Fed Chairman Powell’s renomination. Senegal Fights a Third Wave The ongoing surge in COVID-19 infections will strain economic growth. Capital Market View: Momentum Everywhere? Positive momentum can't last forever. Europe Daily Briefing: U.K. Seeks Northern Ireland Protocol Fix The EU and the U.K. are unlikely to reach an agreement over the Protocol. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. COVID-19 Tracker Update: Delta Testing The steepest increases in cases are in states where vaccination rates are the lowest. Macroeconomic Consequences of the Infrastructure and Budget Reconciliation Plans Greater investments in U.S. public infrastructure and social programs will lift productivity and labor force growth. Australia Used-Vehicle Second-Quarter Price Report The cost of a used vehicle is 34% more expensive than at this time last year and 10% more expensive than at the start of the year. Global Vaccine Tracker: Distribution Issues The rapid spread of the Delta variant is causing jitters in markets and prompting renewed restrictions. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States
MBA Mortgage Applications Survey
July 16: -4.0%
Mortgage applications dropped in the week of July 16, declining 4% from the week before. Canada
New Housing Price Index
Jun. 2021: 11.9% y/y
Signs are emerging that the housing-market fever may be starting to break. United States
Moody's Analytics Inflation Expectations Pulse
July 18: 2.39%
The Moody's Analytics Inflation Expectations Pulse held steady at 2.39% in the week ended July 18. United States
Oil Inventories
July 16: 439.7 mil barrels
An unexpected increase in crude oil stocks will dent oil prices. Argentina
Economic Activity Indicator
May. 2021: 13.6% y/y
Argentina's statistics office’s monthly economic activity index, IMAE, increased 13.6% y/y in May, after 29.4% in the previous month. » VIEW MORE ECONOMIC INDICATORS | 
