| Today's Economy
Some Measures of U.S. Employment Less Volatile Than Others April's gain in payroll employment is closer to reality than the drop in household employment. Capital Market View: Ebbing, Flowing Fears Cause Big Swings in Equities Volatility is climbing as there were some notable moves in equity returns this week. Europe Daily Briefing: Industrial Production Drops in Germany German industrial output tumbles 5% m/m in March. Geopolitical Risk Calendar: European Commission Proposes Russian Oil Ban The sanctions would phase out crude oil in six months and refined oil by year's end. » VIEW MORE TODAY'S ECONOMY
Commentary
Labor Market Challenges and Opportunities for the Fed Record U.S. job openings could prove a critical buffer as the central bank attempts to pull off a soft landing for the economy. Latin America Weekly Highlights and Preview, May 6, 2022 The regional inflation tide shows no signs of ebbing. Europe Weekly Highlights and Preview, 6 May, 2022 The U.K.'s economy likely slowed during the Omicron outbreak at the beginning of the year. Inflation Will Be a Headache for the New Philippine President Odds of a June rate hike by the central bank have increased. » VIEW MORE COMMENTARY
Today's Economic Indicators
Switzerland
Unemployment rate
Apr. 2022: 2.2%
Switzerland’s seasonally adjusted unemployment rate was unchanged at 2.2% in April from the previous month. Denmark
Industrial Production
Mar. 2022: 4.4% m/m
Danish industrial production increased by 4.4% m/m in March. Spain
Industrial Production
Mar. 2022: -1.8% m/m
In seasonally and calendar-adjusted terms, Spain’s industrial production dropped by 1.8% m/m in March. Sweden
Industrial Production
Mar. 2022: 1.2% m/m
Sweden’s industrial production rebounded by 1.2% m/m in March after a 0.3% decline in February. Taiwan (China)
Consumer Price Index
Apr. 2022: 3.4% y/y
Taiwan’s headline consumer price index rose 3.4% over the year in April, as fuel and oil prices reached new heights. Italy
Retail Sales
Mar. 2022: -0.5% m/m
Italy’s retail sales fell by 0.5% m/m in March. Germany
Industrial Production
Mar. 2022: -3.9% m/m
German industrial output tumbled further than expected in March as production contracted by 3.9% m/m. Chile
Consumer Price Index
Apr. 2022: 10.52% y/y
Annual inflation continued to escalate in April, hitting a double-digit rate. Colombia
Consumer Price Index
Apr. 2022: 9.2% y/y
Colombia’s annual inflation rate accelerated further in April amid rising food and energy prices. Canada
Labor Force Survey
Apr. 2022: 5.2%
Employment growth slowed in April as the labor market shows signs of confronting its supply-side limits. United States
Employment Situation
Apr. 2022: 428,000 m/m
Employers managed to grow payrolls by 428,000 in April, equal to March. Canada
Purchasing Managers' Index
Apr. 2022: 66.3
The Ivey Purchasing Managers' Index dipped slightly to 66.3 in April after reaching 74.2 in March, up from December's reading of 45. United States
Moody’s Analytics & CNN Business Back-to-Normal Index
May 04: 92.6
The U.S. United States
Consumer Credit (G19)
Mar. 2022: $52.4 bil
The stock of consumer credit outstanding added $52.4 billion in March, more than doubling consensus expectations for a $25 billion gain. » VIEW MORE ECONOMIC INDICATORS | 
