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.

Monday, March 01, 2021

Today's Economy


Economic Roundup: Weather Juices January ISM Manufacturing Index

Supplier deliveries increased and there was more evidence of price pressures.

China PMIs Signal Slowed Expansion

The outlook for recovery in both manufacturing and services remains largely upbeat.

Europe Daily Briefing: February Manufacturing PMI Advances

Inflation will heat up significantly in the first half of this year.

LatAm Daily Briefing: Chile's Consumers Retreat

The data preview a tough first quarter for the region’s households.

» VIEW MORE TODAY'S ECONOMY



Commentary


U.S. Weekly Highlights and Preview, March 1, 2021

The U.S. economy appears poised to take off.

U.S. Chartbook: Vaccines and Stimulus

A prescription of inoculations and new federal aid for the economy have brightened the outlook for growth this year.

U.S. Consumer Confidence Through the Pandemic

The outlook is optimistic, but risks center around prices for equities and energy.

This Week in the COVID Crisis

We expect U.S. real GDP growth of over 6% in calendar year 2021 as employment increases by more than 5 million jobs.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Portugal
Retail Sales
Jan. 2021: -10.9%
Portuguese retail sales nosedived by 10.9% y/y in January, after a 3.7% decline in December.

Canada
Balance of International Payments
2020Q4: -C$7.3 bil
Trade will provide a slight boost to fourth-quarter GDP growth.

Belgium
GDP
2020Q4: -0.1%
Belgium's economy ended 2020 with a whimper.

United States
Construction Spending (C30)
Jan. 2021: 1.7% m/m
U.S. construction spending surprised to the upside to begin the new year, rising 1.7% from its revised December figure.

World
Moody's Analytics Survey of Business Confidence
February 26: -5.0
Global business sentiment remains in the doldrums, consistent with an economy that is struggling to avoid sliding back into recession.

Peru
Consumer Price Index
Feb. 2021: 2.4% y/y
The consumer price index for the Lima metropolitan area rose 2.4% on a year-ago basis in February; the decline in the index from January to February brought the annual inflation rate down 30 basis points.

United States
ISM Manufacturing Index
Feb. 2021: 60.8
The U.S. economy could exceed expectations this quarter as the data have been coming in better than anticipated.

Russian Federation
Unemployment
Jan. 2021:

Brazil
Foreign Trade
Feb. 2021: US$1.152 bil
Brazil’s trade account turned positive in February, after reporting a deficit in the previous month.

United States
Monthly GDP
Jan. 2021: 1.6% m/m
The U.S. economy got off to a strong start in the first quarter, but some weather-related bumps are coming with February data.

South Korea
Industrial Production
Jan. 2021:

South Korea
Retail Sales
Jan. 2021:

Japan
Employment Situation
Jan. 2021:

» VIEW MORE ECONOMIC INDICATORS

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