| Today's Economy
Economic Roundup: Semiconductor Shortage Contributes to Drop in U.S. Durable Goods Orders Conditions are not getting any better and auto manufacturers are extending production cuts. LatAm Daily Briefing: Uruguay's Labor Market Stagnates Problems stemmed from service industries severely hit by the government’s COVID-19 restrictions. Europe Daily Briefing: PMI Beats Expectations The euro zone composite PMI signals a return to growth. Asia-Pacific Daily Briefing: Bank of Thailand Holds Fire Fiscal measures should do the heavy lifting for the Thai economy. » 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
Consumer Price Index
Feb. 2021: 0.4% y/y
U.K. United States
MBA Mortgage Applications Survey
March 19: -2.5%
Mortgage applications fell by 2.5% in the week of March 19, after decreasing by 2.2%. United States
State Personal Income
2020Q4: -6.8%, SAAR
State personal income declined in the fourth quarter of 2020 as the expiration of federal income support weighed on growth and the end-of-year $915 billion legislation package passed in December was not fully felt. Thailand
Monetary Policy
Mar. 2021: 0.5%
The Bank of Thailand held its interest rate steady at 0.5% during its scheduled meeting in March to save its limited policy space, allowing fiscal policy to do the heavy lifting in reviving the economy. United States
Durable Goods (Advance)
Feb. 2021: -1.1% m/m
The prospects for U.S. business investment remain favorable and the drop in durable goods orders will likely prove to be a blip. United States
Moody’s Analytics Policy Uncertainty Index
March 19: 373.0
The four-week moving average in our U.S. policy uncertainty index slipped from 375 to 373 in the week ended March 19. Mexico
Employment Situation
Feb. 2021: 4.4% Unemployment
Mexico’s unemployment rate declined in February as activity started to reactivate after a slow start to the year. United States
Oil Inventories
March 19: 502.7 mil barrels
Last week’s rise in oil inventories surpassed analyst predictions, which will put some downward pressure on oil prices. » VIEW MORE ECONOMIC INDICATORS | 
