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, November 17, 2020

Today's Economy


Economic Roundup: U.S. Consumer Takes a Breather in October

The increase in retail sales in October was the weakest of this recovery.

LatAm Daily Briefing: Colombian Economy Rebounds in September

The primary sector—agriculture and mining—contracted for a second month.

The Chilean Peso's Link to Copper is Unraveling

The relationship weakened as the price of the metal fell sharply in the teeth of the COVID-19 recession.

Asia-Pacific Daily Briefing: Singapore's Nonoil Exports Recede in October

Trade is expected to lead the recovery to the end of the year, but recent developments have complicated matters.

» VIEW MORE TODAY'S ECONOMY



Commentary


APAC Outlook: Next Year Looks Better for Most of the Region

APAC leads the global recovery, as it has contained the virus and joins the global trade rebound.

Greece Outlook: A Brighter Post-Pandemic Future

A second lockdown weighs on the near term, but strong investment bodes well longer term.

U.S. Chartbook: Approaching a Tipping Point

The U.S. recovery is entering the new COVID-19 surge in a fragile state.

U.S. Weekly Highlights and Preview, November 16, 2020

Housing data should be solid.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Canada
Housing Starts
Oct. 2020: 215 ths
Housing starts increased in October following a pause in September.

Canada
Wholesale Trade
Sep. 2020: 0.9%
Wholesale sales remain strong and above February's pre-pandemic levels.

United States
Import and Export Prices
Oct. 2020: -0.1%
U.S. import prices slipped 0.1% in October, in line with our expectations.

Canada
International Transactions in Securities
Sep. 2020: C$4.5 bil
Canadians significantly increased their holdings abroad in September, while overseas investors acquired slightly fewer Canadian securities than in August.

United States
Retail Sales
Oct. 2020: 0.3%
Retail sales growth slumped in October, as the recovery is nearly complete.

United States
Industrial Production
Oct. 2020: 1.1%
U.S. industrial production increased 1.1% in October, in line with our forecast.

United States
Business Inventories (MTIS)
Sep. 2020: 0.7%
Business inventories increased in September.

United States
NAHB Housing Market Index
Nov. 2020: 90
Homebuilder confidence continued to climb to new heights in November.

United States
Moody’s Analytics Policy Uncertainty Index
November 13: 396.3
The four-week moving average in our U.S. policy uncertainty index continues to climb.

Colombia
GDP
2020Q3: -9.0%
The Colombian economy contracted 9% y/y in the third quarter after falling 15.8% in the previous quarter.

United States
Cox Automotive/Moody’s Analytics Vehicle Affordability Index
Oct. 2020: 33.1 Weeks
New-vehicle affordability was dinged in the U.S. in October.

Russian Federation
Industrial Production
Oct. 2020: -5.9%
Russian industrial production dropped by 5.9% y/y in October, softer than the market expectation of a 6.1% decline and worse than the downwardly revised 3.6% plunge in the previous month.

United States
Treasury International Capital Flows
Sep. 2020: $108.9 bil
Net long-term capital flows were positive for the fifth straight month in September.

Japan
Foreign Trade
Oct. 2020:

» VIEW MORE ECONOMIC INDICATORS

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