Today's Economy Capital Market View: Let’s Say It Together… …The U.S. isn’t headed into recession. LatAm Daily Briefing: Fiscal Consolidation Has Started, Slowly LatAm nations take differing approaches to alleviating the pandemic’s economic effects. Asia-Pacific Daily Briefing: Bank Indonesia Stands Pat The central bank is not under pressure to tighten monetary policy before late 2022. Europe Daily Briefing: German Backlogs Still Rising Backlogs are piling up at German factories. » VIEW MORE TODAY'S ECONOMY
Commentary The APAC Outlook: Asia’s Reopening The Delta wave of COVID-19 is allowing an easing of movement controls and stronger domestic demand. Supply-Chain Stress Intensifies The current pressure on supply chains will take time to subside; more likely, stress will increase. Global Vaccine Tracker: The Other Side of Delta The U.S. job market will steadily improve as the pandemic winds down. U.S. Weekly Highlights and Preview, October 18, 2021 This week is all about housing. » VIEW MORE COMMENTARY
Today's Economic Indicators
Indonesia Monetary Policy Oct. 2021: 3.50% Bank Indonesia left its seven-day reverse repo rate unchanged at 3.5% in its October meeting. Belgium Industrial Production Aug. 2021: 35.2% y/y Belgium's industrial production index advanced by a robust 35.2% in August on a year-ago basis. United States New Residential Construction (C20) Sep. 2021: 1.555 mil, SAAR U.S. residential investment has cooled recently as housing starts have declined in two of the past three months, but there isn’t any immediate cause for concern. United States Median usual weekly earnings 2021Q3: 0.7% y/y Growth in median usual weekly earnings isn’t close to keeping up with inflation, but this should prove temporary. United States Moody’s Analytics Policy Uncertainty Index October 15: 346.3 4-wk MA The four-week moving average in our U.S. United States Financial Obligations Ratio 2021Q2: 13.81% Household financial burdens reversed some of their first-quarter plunge in the second quarter as incomes reversed some of their stimulus-supported surge and payments rose. Japan Foreign Trade Sep. 2021: » VIEW MORE ECONOMIC INDICATORS |