| Today's Economy
Economic Roundup: Feeling Better About Our Q3 U.S. GDP Tracking Estimate Durable goods were solid in September and inventories rose, both favorable for GDP. LatAm Daily Briefing: Andean Recovery Started in Q3 The shape of the recovery varies among the three economies, with Peru showing more robust growth. Europe Daily Briefing: Bank Lending Tightens in Third Quarter Lending standards are still considerably looser than they were in the earlier crisis. Asia-Pacific Daily Briefing: South Korea's Third-Quarter Revival Easing restrictions in Victoria have brightened Australia's prospects. » VIEW MORE TODAY'S ECONOMY
Commentary
Euro Zone Outlook: Bracing for a Long, Cold Winter The second wave of virus will crush demand, weakening the recovery. U.S. Commodities Outlook: Will Oil Consumption Revive? The strength of the recovery in demand in 2021 will greatly depend on the evolution of the COVID-19 pandemic. 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. » VIEW MORE COMMENTARY
Today's Economic Indicators
Spain
Unemployment
2020Q3: 16.3%
Spain's unemployment rate rose to 16.26% in the third quarter. United States
Durable Goods (Advance)
Sep. 2020: 1.9%
U.S. durable goods orders in September were better than we expected, rising 1.9%. United States
FHFA Purchase-Only House Price Index
Aug. 2020: 8.0%
The Federal Housing Finance Agency Purchase-Only House Price Index jumped 8% on a year-ago basis and 1.5% on a monthly basis in August. Mexico
Trade Balance
Sep. 2020: US$4,384.7 mil
Mexico’s trade account reported another positive result in September as exports benefit from the U.S. recovery. United States
S&P CoreLogic Case-Shiller® Home Price Indexes
Aug. 2020: 5.2%
House price appreciation continued in August, as measured by the S&P CoreLogic Case-Shiller 20-City Composite Index. United States
Conference Board Consumer Confidence
Oct. 2020: 100.9
U.S. consumer confidence remains at a low level as millions remain without work and COVID-19 infections rage. United States
Housing Vacancies & Homeownership
2020Q3: 67.4%
The homeownership rate decreased modestly in the third quarter, falling to 67.4% from 67.9% in the second quarter. United States
Richmond Fed Manufacturing Survey
Oct. 2020: 29
Manufacturing activity in the Richmond Federal Reserve District accelerated in October at its fastest pace on record. United States
Texas Service Sector Outlook Survey
Oct. 2020: 7.1
Current private service sector activity in the Texas economy moderated in October. Retail and nonretail industries reported growth, but the pace slowed. Most component indicators were flat to slightly down. France
Job Seekers
Sep. 2020: 3.61 mil
The number of French job seekers fell by 15,200 to 3.61 million in September. South Korea
Consumer Sentiment Index
Oct. 2020:
Australia
Consumer Price Index
2020Q3:
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