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.

Thursday, October 22, 2020

Today's Economy


LatAm Daily Briefing: A Daunting Fiscal Outlook

The pandemic has taken a big toll on Latin America's fiscal health.

Europe Daily Briefing: COVID Weighs on European Consumers

Confidence indicators are down across the board.

What Options Does the Fed Have?

With fiscal stimulus not likely until next year, the central bank can help, but not much.

Asia-Pacific Daily Briefing: Australia's Retail Sales Eased in September

Households may get another policy boost in the months ahead.

» VIEW MORE TODAY'S ECONOMY



Commentary


Canada Risk Matrix Update: For Better and Worse

On balance, the risks facing the Canadian economy have increased because of surging COVID-19 cases.

New Data Offer Optimism for Senegal

Real GDP contracted in the second quarter but outperformed expectations significantly.

The Fall COVID Wave Is Washing Over Much of U.S.

Impact of surging cases in the middle of the country is visible in real-time metrics.

More Infections, Weaker Economy

Higher U.S. COVID-19 infections are statistically linked with weaker labor market outcomes.

» VIEW MORE COMMENTARY



Today's Economic Indicators


United States
Moody's Analytics Beige Book Index
Oct. 2020: 116.7
The Moody’s Analytics Beige Book Index took another big leap in October, rising from -2.8 to 116.7.

United States
Jobless Claims
October 17: 787,000
U.S. initial claims for unemployment insurance benefits were distorted recently by California’s decision to halt processing new filings.

United States
Existing-Home Sales
Sep. 2020: 6.54 mil
Existing-home sales rose 9.4% in September to 6.54 million units annualized, their highest level since May 2006.

United States
St. Louis Fed Financial Stress Index
October 16: -0.36
The St.

United States
Conference Board Leading Indicators
Sep. 2020: 0.7%
Leading economic indicators for September signal further deceleration in the U.S. recovery.

United States
Natural Gas Storage Report
October 16: 49 bil cubic feet
The rise in natural gas stocks last week closely matched analyst predictions, suggesting that this report will have a negligible effect on gas prices.

United States
Kansas City Fed Manufacturing Survey
Oct. 2020: 13
Manufacturing within the 10th District remained in expansion territory in October and activity increased at a faster pace compared with the previous month.

Argentina
Economic Activity Indicator
Aug. 2020: -11.6%
Argentina's statistics office’s monthly economic activity index, IMAE, dropped 11.6% y/y in August, after contracting 13.1% in July.

New Zealand
Consumer Price Index
2020Q3:

South Korea
GDP
2020Q3:

Japan
Consumer Price Index
Sep. 2020:

» VIEW MORE ECONOMIC INDICATORS

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