| Today's Economy
Searching for Warnings of a U.S. Recession Those trying to sniff out a recession point to the yield curve and consumer confidence, but be careful. Capital Market View: Pricing Inflation and Deflation Risks Investors' view is that stagflationary risks will dominate the next couple of years. Not Businesses' Beveridge of Choice A shift in the Beveridge curve highlights the issues in labor matching. LatAm Daily Briefing: Brazilian Real Soars The currency has been by far the region's best performer this year. » VIEW MORE TODAY'S ECONOMY
Commentary
The European Energy Crisis The continent faces a pressing need to replace Russian natural gas with alternative sources of supply. U.S. Chartbook: Tight Labor Market May Further Force the Fed’s Hand There are glimmers of downside risk to inflation. U.S. Consumers Add Debt, but Burdens Stay Low Rising interest rates will increase burdens. The Humanitarian Crisis in Europe The Continent finds itself in a new geopolitical environment and the immediate challenge of sheltering the millions escaping Ukraine. » VIEW MORE COMMENTARY
Today's Economic Indicators
Spain
Retail Sales
Feb. 2022: 0.7% m/m
Spain’s retail sales increased by 0.7% m/m in seasonally adjusted terms in February. Canada
Earnings, Hours and Employment
Jan. 2022: 2.5% y/y
Job growth in January changed little from the previous month. United States
S&P CoreLogic Case-Shiller® Home Price Indexes
Jan. 2022: 19.1% y/y
House price appreciation accelerated in January, as measured by the S&P CoreLogic Case-Shiller 20-City Composite Index, adding to December’s gains. United States
FHFA Purchase-Only House Price Index
Jan. 2022: 18.2% y/y
The Federal Housing Finance Agency Purchase-Only House Price Index started the year on a high note, up 18.2% from a year ago in January. United States
Moody’s Analytics Policy Uncertainty Index
March 25: 377.8 4-wk MA
The four-week moving average in our U.S. United States
Job Openings and Labor Turnover Survey
Feb. 2022: 7.0% openings rate
Job availability is holding steady at a high rate, indicative of a strong and tight labor market. United States
Conference Board Consumer Confidence
Mar. 2022: 107.2
U.S. consumer confidence recovered slightly in March, bucking consensus and our expectations for a decline. United States
Texas Service Sector Outlook Survey
Mar. 2022: 23.4
Texas service sector activity stayed strong in March. Argentina
Economic Activity Indicator
Jan. 2022: 5.4% y/y
The statistics office’s monthly economic activity index increased 5.4% y/y in January after 10% in the previous month. Chile
Monetary Policy
Mar. 2022:
Japan
Foreign Trade
Feb. 2022:
Thailand
Industrial Production
Feb. 2022:
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