| Today's Economy
LatAm Daily Briefing: Lockdown Sinks Colombia The economy will continue to contract into the third quarter. Europe Daily Briefing: This Is No V-Shape Recovery The euro zone composite PMI spiked in June, but overall production is still muted. Asia-Pacific Daily Briefing: South Korea's Exports Start to Rally Domestic spending has to revive in the second half for the economy to really recover. Spec-Grade Bond Yield Is Likely to Trend Lower The Blue Chip consensus expects a convincing recovery over the next 18 months. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Chartbook: The Pendulum Swings Manufacturing optimism returned in full force. U.S. Employment Outlook: Short but Not Sweet The COVID-19-fueled downturn will be remembered for its breadth and depth, not the brief duration. U.S. Regional Outlook: Breaking the Free Fall Stabilizing conditions provide welcome news after a disastrous April. APAC's Uneven Path of Recovery It may take the proven development of a COVID-19 vaccine to regenerate the vibrancy of the regional and global economies. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States
Philadelphia Fed Nonmanufacturing Survey
Jun. 2020: 7.3
The Philadelphia Fed’s Nonmanufacturing Business Outlook Survey shows that the regional service sector stopped contracting in June. United States
State Personal Income
2020Q1: 2.3%
State personal income growth slowed in the first quarter of 2020 because of the start of the COVID-19 pandemic. United States
Industrial Production
May. 2020:
United States
New-Home Sales
May. 2020: 676,000
The new-home market bounced in May, but revisions to prior months were not favorable and now show a steeper COVID-19-induced decline. United States
Richmond Fed Manufacturing Survey
Jun. 2020: 0
The manufacturing recession in the Richmond Federal Reserve district bottomed in June and the Fifth District Manufacturing Index was 0. Argentina
GDP
2020Q1: -5.4%
The Argentine economy contracted 5.4% y/y in the first quarter after declining 1.1 y/y in the previous quarter. Argentina
Employment Situation
2020Q1: 10.4% Unemployment
According to Indec’s labor market survey, Argentina's national unemployment rate averaged 10.4% in the first quarter, compared with 10.1% a year earlier (figures are not seasonally adjusted). Singapore
GDP - Advanced
2020Q2:
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