Today's Economy

The meeting this week will be a snoozer.

Even with the third-quarter gain, the level of GDP is still 9% below its pre-pandemic peak.

How COVID-19 is shaping American household behavior.

The euro zone aggregate and all four major economies posted gains over the month.

Commentary

On the other side of the next president’s inauguration, the economy’s performance depends critically on who wins and by how much.

Former Vice President Biden will win the White House, with Pennsylvania as the decider.

Roughly 75% of the U.S. GDP decline in the second quarter was reversed.

The key data released this week will take a backseat to the U.S. presidential election.

Today's Economic Indicators

Chile
Monthly Economic Activity Indicator
Sep. 2020: -5.3%
Economic activity advanced further in September as more activities reopened, pulling up industry and services.

Peru
Consumer Price Index
Oct. 2020:

United States
Construction Spending (C30)
Sep. 2020: 0.3%
Total construction spending increased 0.3% from its August level, firmly below the consensus estimate of a 0.9% increase.

World
Moody's Analytics Survey of Business Confidence
October 30: -11.2
Global business sentiment remains weak and shows no indication of improving.

United States
Monthly GDP
Sep. 2020: 0.7%
The U.S. recovery regained some momentum in September, providing a favorable jumping-off point for growth in the final three months of the year.

United States
ISM Manufacturing Index
Oct. 2020: 59.3
The ISM manufacturing survey's composite index jumped from 55.4 in September to 59.3 in October.

South Korea
Consumer Price Index
Oct. 2020: