Today's Economy Economic Roundup: Tweaking the U.S. Baseline Forecast New fiscal, EPI assumptions and incoming data alter the forecast for the U.S. economy. Capital Market View: Are Investors Heeding Fed's Warning? The central bank cautions that equity prices could drop if sentiment shifts. Europe Daily Briefing: ZEW Survey Points to Higher Confidence The ZEW financial market survey reports a more upbeat outlook for the euro zone. LatAm Daily Briefing: Mid-Term Outlook Deteriorates Real GDP will remain below pre-pandemic levels by the end of the year in most countries in the region. » VIEW MORE TODAY'S ECONOMY
Commentary Global Vaccine Tracker: Cases Fall in U.S. and Europe Fewer infections and a rising share of the population vaccinated has led states to loosen restrictions. Gimme Shelter Odds are that U.S. shelter CPI will surprise to the upside, but the implications for inflation are minor. U.S. COVID-19 Tracker Update: Speed Bump to Recovery The job market faces a new challenge, though the economy is still booming. U.S. Risk Matrix Update: Herd Hesitancy The expansion of unemployment insurance benefits may be a factor in limiting the supply of labor. » VIEW MORE COMMENTARY
Today's Economic Indicators
Malaysia GDP 2021Q1: -0.5% y/y Malaysia's GDP slump eased in the first quarter, as GDP contracted by 0.5% y/y, following a 3.4% contraction in the fourth quarter. Netherlands Consumer Price Index Apr. 2021: 1.9% y/y Inflation in the Netherlands remained unchanged in April, coming in at 1.9%. Italy Industrial Production Mar. 2021: -0.1% Italian industrial production ticked down by 0.1% m/m in March, after growing in February, due to a drop in consumer goods. United States NFIB Small Business Survey Apr. 2021: 99.8 The NFIB Small Business Optimism Index rose from 98.2 in March to 99.8 in April, the third consecutive monthly gain. Brazil Consumer Price Index Apr. 2021: 6.76% y/y Annual inflation climbed well above the upper limit in April as prices continued to realign. United States Job Openings and Labor Turnover Survey Mar. 2021: 5.3% openings rate Job openings surged to 8.1 million at the end of March, the highest level since the series began at the end of 2000. United States NAR Metro Prices 2021Q1: 16.2% y/y The national median single-family house price rose 16.2% y/y during the first quarter as house prices accelerate. United States Moody’s Analytics Policy Uncertainty Index May 07: 360.0 The four-week moving average in our U.S. policy uncertainty index fell from 370.8 to 360 in the week ended May 7. South Korea Employment Apr. 2021: » VIEW MORE ECONOMIC INDICATORS |