| Today's Economy
Upgrades Top Downgrades Thus Far in 2020’s Final Quarter After hitting a record-high 368 downgrades in the second quarter, it fell to 29 in the third. Economic Roundup: Elections Usually Don't Matter for U.S. Consumer Confidence We don't find any evidence of political bias in two key measures of sentiment. LatAm Daily Briefing: Vizcarra Ouster Clouds Peru Outlook New President Manuel Merino inherits a country in deep economic crisis and in the midst of institutional disrepair. Turkey May Turn the Corner News of a new central bank governor and finance minister boosted markets. » VIEW MORE TODAY'S ECONOMY
Commentary
Business Closures and Entrepreneurship During COVID-19 We look at the impact in the U.S. on small-business closures and plans to start new businesses. Euro Zone Fares Better the Second Time Around Large-scale lockdowns are back, but the economic fallout won’t be as bad. China’s Five-Year Plan for a Modern Economy The talking points are broad and far-reaching, from supply-side reform to environmental goals. U.S. Chartbook: A Long Way to Go The economy is regaining lost jobs, but rising coronavirus cases threaten to derail the recovery. » VIEW MORE COMMENTARY
Today's Economic Indicators
New Zealand
Monetary Policy
Nov. 2020: 0.25%
The Reserve Bank of New Zealand kept its Official Cash Rate steady at 0.25% in its November meeting and reaffirmed its stance to hold rates low until March. United States
MBA Mortgage Applications Survey
November 06: -0.5%
Mortgage applications inched down by 0.5% over the week of November 6, after they increased by 3.8% in the previous week. Brazil
Retail Sales Index
Sep. 2020: 7.3%
Sales in retail stores continued to strengthen in September as the economy recovers from a deep contraction. Russian Federation
Foreign Trade
Sep. 2020: US$10.1 bil
Russia’s trade balance made a massive and unexpected recovery in September. Mexico
Industrial Production
Sep. 2020: -6.2%
The national industry reported no monthly advance in September but contracted by less on an annual basis as the reopening continues. United States
Moody’s Analytics Policy Uncertainty Index
November 06: 388.6
The four-week moving average in our U.S. policy uncertainty index continues to climb. Japan
Machinery Orders
Sep. 2020:
China
Monetary Aggregates
Oct. 2020:
China's credit expansion continues at a rapid pace to service the recovering economy. » VIEW MORE ECONOMIC INDICATORS | 
