Today's Economy Economic Roundup: U.S. Labor Market Takes Center Stage The ADP National Employment Report signals a strong April jobs report. Q2 U.S. GDP Tracking Begins Our initial estimate puts second-quarter growth at 13% at an annualized rate. U.S. Gasoline Prices Are Up, but Not High Costs per gallon on average are comparable to two years ago. Capital Market View: Night of the Living Dead? Zombie firms have been on the rise in recent decades. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. COVID-19 Tracker Update: Carrying Momentum The recovery in job growth continues to accelerate. 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. » VIEW MORE COMMENTARY
Today's Economic Indicators
Indonesia GDP 2021Q1: - 0.74 % Indonesia's first quarter GDP contracted by 0.74% y/y, following a 2.19% drop in the previous quarter. This is the fourth straight quarter of contraction. Switzerland Consumer Price Index Apr. 2021: 0.3% The Swiss CPI rebounded in April, ticking up by 0.3% after a 0.2% drop in the previous month. Sweden Industrial Production Mar. 2021: 2.0% Industrial production increased by 2% m/m in March, adding to the 1% increase in February. Thailand Monetary Policy May. 2021: 0.5% The Bank of Thailand held its interest rate steady at 0.5% during its scheduled meeting in May, preserving its limited ammunition as the economy struggles with a third wave of coronavirus infections. United States MBA Mortgage Applications Survey April 30: -0.9% Mortgage applications declined 0.9% in the week of April 30 after a 2.5% reduction the week before. Brazil Industrial Production Mar. 2021: 8.5% y/y The national industry in Brazil posted an annual rebound in March, as production was benefited by the low comparison base of last year. United States ADP National Employment Report Apr. 2021: 742,000 m/m, ths The labor market is off and running. United States ISM Nonmanufacturing Index Apr. 2021: 62.7 The U.S. services activity expanded in April, albeit at a less frenetic pace than in March. United States Oil Inventories April 30: 485.1 mil barrels A much larger than expected decline in oil inventories will support oil prices. Australia Datium Insights - Moody’s Analytics Used Vehicle Price Index Apr. 2021: 59.6% Wholesale used-vehicle price appreciation has been robust in Australia. Uruguay Consumer Price Index Apr. 2021: 6.8% y/y Brazil Monetary Policy May. 2021: Colombia Consumer Price Index Apr. 2021: » VIEW MORE ECONOMIC INDICATORS |