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.

Tuesday, May 04, 2021

Today's Economy


Economic Roundup: Pedal to the Metal

U.S. fiscal stimulus has contributed to a red-hot auto market and a widening nominal trade deficit.

LatAm Daily Briefing: Mexico Averts a Quarterly Contraction

Given that some activities reopened in March as infections declined, the strong rebound of exports and the advance of the vaccine rollout helped the economy rebound.

Europe Daily Briefing: U.K. Manufacturing Held Back by Supply

Supply issues have been holding back manufacturing in the first half of the year.

Better Days Ahead for Germany

The economy should see 1.1% growth in the second quarter.

» VIEW MORE TODAY'S ECONOMY



Commentary


Global Vaccine Tracker: All Eyes on India

Available data indicate that nearly 1 in 20 of the world’s adults are fully inoculated against COVID-19.

Macroeconomic Consequences of the American Families Plan and the Build Back Better Agenda

The president's proposal is a bold effort to invest in the nation's infrastructure and labor force.

U.K. Risk Matrix Update: Despite Reopening, Outlook Clouded By COVID-19

A new, more virulent strain is still the largest risk to the economy.

U.S. Chartbook: Let the Good Times Roll

Economic indicators last week left us feeling optimistic.

» VIEW MORE COMMENTARY



Today's Economic Indicators


United States
CoreLogic Home Price Index
Mar. 2021: 11.3% y/y
The CoreLogic Home Price Index rose 2% in March from the previous month and 11.3% year over year.

Australia
Monetary Policy
May. 2021: 0.1%
The Reserve Bank of Australia kept all monetary settings steady in May.

Finland
Unemployment rate
Mar. 2021: 8.1%
Finland’s not seasonally adjusted unemployment rate remained unchanged at 8.1% in March, compared with 7.3% a year earlier.

United States
Vehicle Sales - BEA
Apr. 2021: 18.5 mil, SAAR
U.S. new-vehicle sales put the pedal to the metal for the second month in a row.

United States
International Trade (FT900)
Mar. 2021: -$74.4 bil
The nominal trade deficit widened to $74.4 billion in March, fueled by rising goods imports.

Canada
International Merchandise Trade
Mar. 2021: C$ -1.1 bil
In March, Canada's merchandise exports increased slightly by 0.3%.

Canada
Building Permits
Mar. 2021: 5.7%
The booming pace of new residential construction shows no signs of abating, yet the nonresidential sector's struggles continue.

United States
Moody's Analytics Used Vehicle Price Indexes
Apr. 2021: 70.5%
The U.S. wholesale used-vehicle market was red-hot in April.

United States
Moody’s Analytics Policy Uncertainty Index
April 30:

United States
CreditForecast.com Household Credit Report
Apr. 2021: 4.77% y/y
The consumer credit market expanded in April, increasing by $78 billion, a 0.55% month-to-month change. The consumer credit market is now $14.3 trillion in outstanding debt and is 4.77% higher than where it was last year.

Indonesia
GDP
2021Q1:

United States
Semiconductor Billings
Mar. 2021: 3.7%
Global semiconductor sales returned to form in March.

» VIEW MORE ECONOMIC INDICATORS

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