Today's Economy LatAm Daily Briefing: Colombia Unemployment to Soar The latest reading, while high, does not reflect the true extent of the damage to the labor market. Drop in Spending Costs Jobs U.S. employment losses were largest where sales fell the most. U.S. Regional COVID-19 Exposure Holds Steady State and metro Z-scores have stabilized as the shock courses through the economy. Europe Daily Briefing: Moving Towards an EU Fiscal Union The U.K. unemployment figures for the March quarter are misleading. » VIEW MORE TODAY'S ECONOMY
Commentary Businesses Struggle to Navigate the COVID-19 Storm There could soon be a significant increase in U.S. business failures and bankruptcies. U.S. Chartbook: Next Steps Congress may deliver another round of stimulus as states rush to reopen. U.S. Road to Recovery: Moving Beyond the Bottom April was likely the worst month for this recession. U.S. Weekly Highlights and Preview, May 18, 2020 Though new unemployment filings have been falling over the past several weeks, they remain massive. » VIEW MORE COMMENTARY
Today's Economic Indicators
United Kingdom Unemployment Mar. 2020: 3.9% U.K. joblessness fell to 3.9% in the March quarter from 4% in the February stanza, much better than expectations for a rise. United States New Residential Construction (C20) Apr. 2020: 0.891 mil The U.S. housing market wasn’t immune from the impact of COVID-19 and the actions taken to contain it in April, but the good news is housing has shown signs of improving in May. United States Internet Sales (E-Commerce Sales) 2020Q1: $160.3 bil Internet sales in the first quarter of 2020 picked up slightly from the previous quarter, in part because of the effects of the COVID-19 outbreak pushing more retail online. United States Moody’s Analytics Policy Uncertainty Index May 15: 217.6 The four-week moving average in our U.S. policy uncertainty index increased from a 212.9 to 217.6 in the week ended May 15. Japan Machinery Orders Mar. 2020: Japan Foreign Trade Apr. 2020: » VIEW MORE ECONOMIC INDICATORS |