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 29, 2020

Today's Economy


Apple Mobility Trends Don’t Fall Far From the Tree

Apple's high frequency data prove useful but not perfect for showing changes in U.S. driving.

Economic Roundup: What Goes Down, Must Go Up

U.S. GDP jumps in the third quarter, but there remains a sizable output gap.

Now the Hard Work Begins

Reopening the economy and fiscal stimulus juiced Q3 U.S. GDP.

Europe Daily Briefing: More of Europe Shuts Down

The ECB is seriously considering to expand measures at its November meeting.

» VIEW MORE TODAY'S ECONOMY



Commentary


U.S. Risk Matrix Update: A Contested Election and the Economy

Delayed results could increase uncertainty and weigh on financial markets.

Spain Outlook: In the Pressure Cooker

The economy is poised for the sharpest slowdown since the debt crisis.

Could Shifting COVID-19 Footprint Affect the U.S. Election?

In-person turnout may be affected as disease overtakes GOP strongholds in battleground states.

Changed U.S. Consumer Borrowing

Shifts in spending, income and lending standards have changed borrowing patterns substantially.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Japan
Consumer Confidence
Oct. 2020: 33.6
Japan’s consumer confidence index rose marginally by 0.9 point in October to 33.6 from 32.7 in September, the highest since February before the pandemic hit.

Japan
Monetary Policy
Oct. 2020: ¥80 tril.
The Bank of Japan kept its monetary settings steady in October.

Germany
Unemployment
Oct. 2020: 6.2%
The German unemployment rate fell to 6.2% in October from 6.3% in September.

Euro Zone
Business and Consumer Sentiment
Oct. 2020: 90.9
The euro zone business and consumer sentiment index was unchanged at 90.9 in October.

Euro Zone
Monetary Policy
Oct. 2020: 0.0%
As expected, the European Central Bank left its monetary policy unchanged at its October meeting.

United States
Bankruptcy Filings
2020Q3: -36.6%
Personal bankruptcy filings recovered slightly in the third quarter as courts reopened and the benefits of stimulus payments, increased unemployment insurance, and lender forbearance began to fade.

United States
Jobless Claims
October 24: 751,000
U.S. initial claims for unemployment insurance benefits fell 40,000 to 751,000 in the week ended October 24.

United States
GDP
2020Q3: 33.1%
The pandemic has created precedented volatility in U.S.

Canada
Earnings, Hours and Employment
Aug. 2020: 7.9%
By August, COVID-19 containment measures were much more relaxed than in the second quarter.

Canada
Building Permits
Sep. 2020: 17.0%
Building permits rose sharply in September, yet the data comes with the caution that local governments observed some builders rushing in applications as fears of further lockdowns rise.

United States
Pending Home Sales
Sep. 2020: 130.0
The National Association of Realtors pending home sales index dropped 2.2% to 130 in September, snapping its four-month winning streak, but is still its second-highest level ever.

United States
St. Louis Fed Financial Stress Index
October 23: -0.28
The St.

United States
Natural Gas Storage Report
October 23: 35 bil cubic feet
The rise in natural gas stocks was slightly under analyst predictions, suggesting that this report will have a small positive effect on gas prices.

South Korea
Retail Sales
Sep. 2020:

Japan
Employment Situation
Sep. 2020:

Japan
Industrial Production
Sep. 2020:

China
Manufacturing PMI
Oct. 2020:

» VIEW MORE ECONOMIC INDICATORS

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