| Today's Economy
Economic Roundup: COVID-19 Weighs on U.S. Consumer Sentiment The Conference Board's consumer confidence index fell from 101.4 to 96.1 in November. LatAm Daily Briefing: Reopening Advances, but Slowly Brazil shows by far the most mobility in the region despite that country’s having the most COVID-19 cases. Europe Daily Briefing: Industrial and Service Sentiment Diverge Germany's GDP grew slightly more than expected. Air Travel Bubble Bursts in Asia Rising COVID-19 cases have put the bubble and Go-To Travel schemes under scrutiny. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Employment Outlook: Recovery at Risk The alarming escalation of COVID-19 infections will cast a pall over the labor market in coming quarters. U.S. Weekly Highlights and Preview, November 23, 2020 We expect third-quarter GDP to be revised higher in the government’s second estimate. U.S. Chartbook: Winter Is Coming Bright spots remain, but rising infections and persistent labor market turmoil do not bode well. Monetary Space: A Statistical Approach Mexico is presented as a study case. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States
Moody's CMBS Delinquency Tracker
Oct. 2020: 7.77%
The Moody’s Delinquency Tracker total delinquency rate increased 26 basis points to 7.77% in October. Germany
GDP
2020Q3: 8.5%
Final estimates showed that Germany’s GDP grew by 8.5% q/q in the third quarter, slightly better than the initial estimate of an 8.2% rebound but still not enough to offset the 9.8% plunge in the three months to June. United States
Philadelphia Fed Nonmanufacturing Survey
Nov. 2020: 5.3
Nonmanufacturing activity expanded, albeit at the slowest pace since June, according to the Philadelphia Fed’s Nonmanufacturing Business Outlook Survey. United States
FHFA Purchase-Only House Price Index
Sep. 2020: 9.1%
The Federal Housing Finance Agency Purchase-Only House Price Index jumped up to 9.1% on a year-ago basis and 1.7% on a monthly basis in September. United States
S&P CoreLogic Case-Shiller® Home Price Indexes
Sep. 2020: 6.6%
House price appreciation continued in September, as measured by the S&P CoreLogic Case-Shiller 20-City Composite Index. United States
Conference Board Consumer Confidence
Nov. 2020: 96.1
U.S. consumer confidence remains at a low level as millions remain without work and COVID-19 infections rage. United States
Richmond Fed Manufacturing Survey
Nov. 2020: 15
The manufacturing recovery in the Richmond Federal Reserve District slowed in November. United States
Moody’s Analytics Policy Uncertainty Index
November 20: 395.1
The four-week moving average in our U.S. policy uncertainty index fell from 396.3 to 395.1 in the week ended November 20. Argentina
Economic Activity Indicator
Sep. 2020: -6.9%
The statistics office’s monthly economic activity index dropped 6.9% y/y in September after falling 11.8% in the previous month. » VIEW MORE ECONOMIC INDICATORS | 
