Today's Economy Outlays May Grow Wherever Crowded Conditions Can Be Avoided Social distancing shouldn't slow car and home sales like it has for indoor dining. Economic Roundup: Labor Market on High Alert Rising COVID-19 case counts weigh on the near-term employment outlook. LatAm Daily Briefing: COVID-19 Hits Colombian Labor Market The unemployment rate soared in May as the country struggled to contain the virus. Europe Daily Briefing: German Exports Underwhelm in May Sweden's household consumption also disappointed in May. » VIEW MORE TODAY'S ECONOMY
Commentary COVID-19 Exposure: An Update and a Look Back Policy missteps in the U.S. take center stage, but structural factors still matter. Brazil Outlook: Falling Deep The economy will recover next year, but policy discipline needs to be preserved. Unpacking Europe's Retail Sales This year’s unique recession makes reading the economic data a complicated business. This Week in the COVID Crisis It is urgent that lawmakers follow through in the coming days on the next fiscal rescue package. » VIEW MORE COMMENTARY
Today's Economic Indicators
Mexico Consumer Price Index Jun. 2020: 3.3% Annual inflation in Mexico continued to rebound in June as most prices realigned despite the economic depression caused by the coronavirus pandemic. Canada Housing Starts Jun. 2020: 212 ths Canadian housing starts clocked in at a reasonably healthy 211,681 annualized units in June, an increase of 8.3% from 195,453 units in May. United States Jobless Claims July 04: 1,314,000 More than 1 million Americans are still filing for unemployment insurance benefits every week. United States St. Louis Fed Financial Stress Index July 03: 0.16 The St. United States Wholesale Trade (MWTR) May. 2020: -1.2% Wholesale inventories declined 1.2% in May, in line with consensus expectations. United States Natural Gas Storage Report July 03: 56 bil cubic feet The increase in natural gas stocks was roughly in line with consensus predictions and will have little bearing on prices. » VIEW MORE ECONOMIC INDICATORS |