| Today's Economy
Economic Roundup: U.S. New-Home Sales Take Small Step Back Sales slipped while surging COVID-19 cases caused some countries to tighten restrictions. Chile Votes for a New Constitution The new law of the nation will be written by the people, not members of Congress. Europe Daily Briefing: New Restrictions, New Pain Restrictions will be lighter than in spring, but GDP will suffer across all euro zone economies. LatAm Daily Briefing: Mexican Consumers Remain Wary Spending has recouped barely half of its pandemic losses. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Weekly Highlights and Preview, October 26, 2020 We look for GDP to have risen 35.9% at an annualized rate in the third quarter. This Week in the COVID Crisis The economy is arguably the most important reason that the presidential race remains competitive. U.S. Chartbook: The Fragile Recovery Several indicators point to a stalling recovery, but the housing market is shining. Shopping Frenzy to Rejuvenate China Singles Day will likely set growth records in a year when consumers are reluctant to spend. » VIEW MORE COMMENTARY
Today's Economic Indicators
Singapore
Industrial Production
Sep. 2020: 24.2%
Singapore’s industrial production was up 24.2% y/y in September, extending the recovery from August. United States
Chicago Fed National Activity Index
Sep. 2020: 0.27
The September reading for the Chicago Fed National Activity Index showed continued moderation after unprecedented swings earlier in the year. World
Moody's Analytics Survey of Business Confidence
October 23: -10.5
The COVID-19 pandemic continues to weigh heavily on global business sentiment. Responses to the nine questions posed in the global sentiment survey have been net negative for the past more-than-eight months. United States
New-Home Sales
Sep. 2020: 959,000
U.S. new-home sales fell in September, but it's premature to conclude that the housing market is losing steam, as other data have remained strong. Mexico
Economic Activity Index
Aug. 2020: -9.4%
Economic activity advanced in August, although at a more moderate pace as the reopening continues. United States
Texas Manufacturing Outlook Survey
Oct. 2020: 19.8
Texas current factory activity continued to rise in October. Argentina
Retail Sales Index
Aug. 2020: -91.0%
The index that tracks nominal sales at Buenos Aires’ largest shopping centers dropped 91% y/y in August after declining 96.2% in the previous month. South Korea
GDP
2020Q3:
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