| Today's Economy
Economic Roundup: Poor U.S. February Data Keep Rolling In New-home sales drop more than 18% as weather takes its toll. LatAm Daily Briefing: Argentines Remain Gloomy February’s confidence reading was even lower than when the pandemic hit in April/May of last year. Bad Weather Hits U.S. New-Home Sales Sales dropped more than anticipated in February, but some should be recouped over the next few months. Europe Daily Briefing: U.K. Workers Stepping Out of Labor Force Germany has extended its lockdown, but that doesn't change our outlook. » VIEW MORE TODAY'S ECONOMY
Commentary
Global Vaccine Tracker Update: Europe's Worries Spread The temporary decision to stop using the AstraZeneca product showed in the data. U.S. COVID-19 Tracker Update: Economy Bounces Back in March Harsh weather took a toll in February, but spring brings signs of a quick recovery. U.S. Weekly Highlights and Preview, March 22, 2021 We expect weather to have weighed on new-home sales in February. U.S. Chartbook: Still Counting Down Fiscal stimulus and COVID-19 vaccines set up a rebound, but last week’s data do not yet show a bounce. » VIEW MORE COMMENTARY
Today's Economic Indicators
United Kingdom
Unemployment
Jan. 2021: 5.0%
The U.K. unemployment rate rose to 5% in the three months to January from 4.9% in the previous quarter. Belgium
Retail Sales
Jan. 2021: -16.1%
Belgian retail sales slumped 16% on a month-to-month basis. United States
Current Account
2020Q4: -$188.5 bil
The U.S. current account deficit widened in line with expectations in the fourth quarter, increasing to $188.5 billion from a revised $180.9 billion. United States
Philadelphia Fed Nonmanufacturing Survey
Mar. 2021: 33.5
Nonmanufacturing activity in the Federal Reserve's Third District surged in March. United States
Risk of Recession
Jan. 2021:
United States
Richmond Fed Manufacturing Survey
Mar. 2021: 17
Factory conditions in the Richmond Federal Reserve District have improved in March and the Fifth District Manufacturing Index increased 3 points to 17. United States
New-Home Sales
Feb. 2021: 775,000 SAAR
Extreme cold weather across the country slammed the new-home market in February. United States
Moody’s Analytics Policy Uncertainty Index
March 19:
Argentina
GDP
2020Q4: -4.3% y/y
The Argentine economy contracted 4.3% y/y in the fourth quarter after shrinking 10.1% y/y in the previous quarter. » VIEW MORE ECONOMIC INDICATORS | 
