| Today's Economy
Economic Roundup: Filings for Unemployment Insurance Remain Massive It's going to take a while for the job market to heal. LatAm Daily Briefing: Governments' Fiscal Health Takes a Hit Because of the pandemic, sizable fiscal stimulus measures are being implemented. Canada Risk Matrix Update: Risks Realized The economy is headed for a stark recession, with the worst of the stress occurring in the second quarter. Final Thoughts Ahead of April U.S. Employment It will have been a month to forget as we look for employment to have fallen by 23.5 million. » VIEW MORE TODAY'S ECONOMY
Commentary
Europe Weekly Highlights and Preview: 7 May, 2020 U.K. GDP figures will be grim. An Expansion Postmortem: Which U.S. Regions Won and Lost? Tech and energy economies led the way, but nearly one in four metros never returned to prior height. U.S. Weekly Highlights and Preview, May 4, 2020 Focus will be on damage the COVID-19 crisis has done to the labor market. U.S. Chartbook: Deep Freeze With shutdowns keeping much of the economy on ice, new data confirm a significant collapse. » VIEW MORE COMMENTARY
Today's Economic Indicators
Philippines
GDP
2020Q1: -0.2%
Philippines GDP contracted 0.2% y/y in the first quarter of 2020, a sharp contrast from the fourth quarter’s revised 6.7% growth. France
Industrial Production
Mar. 2020: -16.2%
France's headline industrial production plummeted by 16.2% m/m in March, resulting in a 5.6% decline during the first quarter. Italy
Retail Sales
Mar. 2020: -20.5%
Italy’s retail sales slumped by 20.5% m/m in March, the sharpest drop on record, following an upwardly revised 0.9% increase in the previous month. Germany
Industrial Production
Mar. 2020: -9.2%
Headline calendar and seasonally adjusted industrial production plunged by 9.2% m/m in March, resulting in a 1.2% q/q decline. United States
Challenger Report
Apr. 2020: 671,129
Job cut announcements skyrocketed above 670,000 in April, according to the Challenger Report, as shutdowns of nonessential business activity and social-distancing efforts spurred sweeping layoffs. Mexico
Consumer Price Index
Apr. 2020: 2.15%
Annual inflation continued to decline in April as energy prices plunged and domestic demand weakened. United Kingdom
Monetary Policy and Minutes
May. 2020: 0.1%
The Bank of England left its interest rates and its quantitative easing programme unchanged in May, but stressed that it stands ready to take further action. United States
Jobless Claims
May 02: 3,169,000
Weekly jobless claims are steadily declining but still number in the millions. United States
Productivity and Costs
2020Q1: -2.5%
U.S. productivity declined in the first quarter, but the drop was less than we had anticipated. Chile
Foreign Trade
Apr. 2020: US$1,219.2 mil
Chile’s foreign trade balance remained in surplus during April on the back of falling imports as the COVID-19 outbreak spread through the country, lowering demand for imported goods. Canada
Purchasing Managers' Index
Apr. 2020: 22.8
The seasonally adjusted Ivey Purchasing Managers' Index fell from 26 in March to 22.8 in April. United States
St. Louis Fed Financial Stress Index
May 01: 0.87
Financial stress continues to trend lower, though the level of stress remains above average. United States
Natural Gas Storage Report
May 01: 109 bil cubic feet
The increase in natural gas stocks was close to analyst predictions, which means that this report will have little effect on gas prices. China
Monetary Aggregates
Apr. 2020:
China
Foreign Trade
Apr. 2020:
United States
Consumer Credit (G19)
Mar. 2020: -$12.0 bil
Consumer credit growth fell in March by $12.1 billion. » VIEW MORE ECONOMIC INDICATORS | 
