Today's Economy Economic Roundup: A Book Better Left Closed The Beige Book paints a grim picture of the economy and pessimism about its recovery. LatAm Daily Briefing: Down and Out in Mexico City A drastic measure underscores the seriousness of the COVID-19 outbreak. Europe Daily Briefing: On the Road to an EU Recovery Fund French business confidence ticked up slightly in May. Asia-Pacific Daily Briefing: China's Industrial Profits Start to Rally Whether domestic demand can keep up with supply is a serious question. » VIEW MORE TODAY'S ECONOMY
Commentary Thailand Outlook: Turnaround Rests on Global Recovery The downturn in global trade hits Thailand’s economy directly. U.S. Chartbook: Still Grim April data was universally weak as the pandemic took a major toll on the economy. This Week in the COVID Crisis Political pressure should convince lawmakers to agree to another rescue package—one closer to $1 trillion in cost. Latin America Weekly Highlights and Preview, May 22, 2020 Mexico likely suffered a deepening contraction in the first quarter. » VIEW MORE COMMENTARY
Today's Economic Indicators
Russian Federation Unemployment Apr. 2020: 5.8% April marked the first full month of data after the nationwide COVID-19 lockdown, and the labour market is taking a hit. United States MBA Mortgage Applications Survey May 22: 2.7% Mortgage applications increased by 2.7% over the week of May 22, reversing the 2.6% decrease in the previous week. United States Richmond Fed Manufacturing Survey May. 2020: -27 Manufacturing activity contracted in May as the COVID-19 pandemic rages. United States Texas Service Sector Outlook Survey May. 2020: -28.1 The contraction in Texas current non-retail service sector activity slowed measurably in May. United States Moody’s Analytics Policy Uncertainty Index May 22: 219.1 The four-week moving average in our U.S. policy uncertainty index increased from 217.6 to 219.1 in the week ended May 22. United States Beige Book May. 2020: Business anecdotes summarized in the May Beige Book corroborate the bleak economic picture painted by hard data and other soft data. » VIEW MORE ECONOMIC INDICATORS |