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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.

Friday, March 25, 2022

Today's Economy


Economic Roundup: U.S. Consumer Confidence Hasn't Been This Low in a While

The University of Michigan survey has dropped sharply but seems to be the outlier.

Capital Market View: Recession Risks Through Yield Curve and Corporate Bond Spread Lens

Neither is raising red flags, but both bear watching as the risk of a Fed misstep is on the rise.

Canada Weekly: Canadian Oil Benefits Limited

Lower Russian oil supply will boost profitability for Canadian oil producers, but not output.

Geopolitical Risk Calendar: Europe Seeks Energy Relief

One month after Russia's invasion of Ukraine, the Continent is struggling with surging prices.

» VIEW MORE TODAY'S ECONOMY



Commentary


Latin America Weekly Highlights and Preview, March 25, 2022

Current expansions in Argentina and Uruguay are solid, while Mexico’s is still a bit tentative.

Europe Weekly Highlights and Preview, 25 March, 2022

Euro zone unemployment likely was unchanged at 6.8% in February, though German unemployment likely slid 0.1 percentage point to 4.9%.

Global Outlook: Inflation Risks Intensify

Russia’s invasion of Ukraine creates new negative supply shocks that will weigh on growth.

Asia-Pacific Weekly Highlights and Preview, 25 March, 2022

On balance, Japan's suite of February data will be subdued.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Netherlands
GDP
2021Q4: 1.0% q/q
GDP reported an upwardly revised 1.3% q/q expansion in the fourth quarter.

Singapore
Industrial Production
Feb. 2022: 17.6% y/y
Singapore’s industrial production picked up the pace in February, growing by 17.6% y/y after January’s 2% increase.

United Kingdom
Retail Sales
Feb. 2022: -0.3% m/m
U.K. retail sales fell by 0.3% m/m in February following a 1.9% rise in January.

Spain
GDP
2021Q4: 2.2% q/q
Spain's GDP expanded by 2.2% q/q in seasonally adjusted terms during the last quarter of 2021.

France
Job Seekers
Feb. 2022: 2.97 mil
The number of job seekers in France inched down to 2.97 million this February from 2.98 million in January.

Mexico
Economic Activity Index
Jan. 2022: 1.8% y/y
Mexico’s economic activity advanced a little further at the start of the year, in monthly and annual terms.

United States
Moody’s Analytics & CNN Business Back-to-Normal Index
March 23: 94.5
There was slight improvement this week for the Moody’s Analytics & CNN Business Back-to-Normal Index.

United States
University of Michigan Consumer Sentiment Survey
Mar. 2022: 59.4
U.S. consumer confidence fell for the third straight month to another cyclical low in March as gasoline prices are high, inflation remains in the headlines, and the stock market is weak despite recovering late in the month.

United States
Pending Home Sales
Feb. 2022: 104.9
The NAR pending home sales index fell 4.1% to 104.9 in February, reinforcing January’s losses and declining to its lowest level in nearly two years.

United States
Regional and State Employment
Feb. 2022:
The February employment report for state and regional economies picked up the pace from the prior month.

» VIEW MORE ECONOMIC INDICATORS

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