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 07, 2021

Today's Economy


Capital Market View: Final Thoughts Ahead of September U.S. Employment

We look for a 475,000 net gain in September and a dip in the unemployment rate.

LatAm Daily Briefing: Inflation to Accompany the Tapering

The Fed’s eventual tapering may send Mexican inflation higher.

Europe Daily Briefing: German Manufacturing Disappoints in August

Industrial production dropped in August amid ongoing supply shortages.

U.S. Retail Prices Still Rising Rapidly

Fast price growth is widespread across retail and has yet to moderate.

» VIEW MORE TODAY'S ECONOMY



Commentary


Debt Ceiling Tracker Update: Phew!

Congress kicks the can slightly down the road with a raised debt limit until December.

State GDP Data Provide a Different Perspective

The Northeast held on to many high-wage jobs, but energy states’ pain runs deep.

The Macroeconomic Benefits of Racial Integration

It adds up to real money that could substantially improve the long-term financial success of all Americans.

U.S. Inflation Tracker: Signs of Calming

Consumer prices may remain volatile in the first half of 2022.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Switzerland
Unemployment rate
Sep. 2021: 2.8%
Swiss unemployment fell for the third consecutive month in September to 2.8%.

Denmark
Industrial Production
Aug. 2021: 3.5% m/m
Industrial production climbed 3.5% higher month over month in August after a 3.1% increase in July.

Norway
Industrial Production
Aug. 2021: 2.7% m/m
Industrial production ramped up by 2.7% m/m in August after no growth in July.

Italy
Retail Sales
Aug. 2021: 0.4% m/m
Italy’s retail sales ticked up by 0.4% m/m in August, after falling in July, as nonfood sales increased 0.7% m/m while food sales held steady.

Germany
Industrial Production
Aug. 2021: -4.0% m/m
Industrial production tumbled in August, dropping by 4% m/m and marking the sharpest month-to-month decline since the depths of the pandemic last year.

Ireland
Industrial Production
Aug. 2021: -2.8% m/m
Irish industrial production contracted by 2.8% m/m in August following a 6.9% expansion in July.

United States
Challenger Report
Sep. 2021: 17,895
Job cut announcements rose to 17,895 in September, a 17% increase from August but still among the lowest totals during the last 25 years.

Mexico
Consumer Price Index
Sep. 2021: 6.00% y/y
Annual inflation in Mexico rose as consumer prices rebounded in September after moderating in the previous few months; underlying inflation keeps climbing higher. Consumer prices increased 0.62% in September, after an advance of 0.19% in the previous month.

Chile
Foreign Trade
Sep. 2021: US$79 mil
Chile's trade accounts remained in surplus in September, but barely, coming in at $79 million.

United States
Jobless Claims
October 02: 326,000
U.S. initial claims for unemployment insurance benefits fell more than anticipated but they have been bouncing around recently because of California.

Netherlands
Consumer Price Index
Sep. 2021: 2.7% y/y
Inflation continued to increase in the Netherlands, jumping to 2.7% from 2.4% in September.

United States
St. Louis Fed Financial Stress Index
October 01: -0.89
Financial market stress decreased last week after rising in the previous four weeks.

Canada
Purchasing Managers' Index
Sep. 2021: 70.4
The Ivey Purchasing Managers' Index pushed forward in September, coming in at 70.4, up from August's 66 reading.

United States
Natural Gas Storage Report
October 01: 118 bil cubic feet
The increase in gas stocks last week beat analyst predictions and accelerated compared with recent builds, so this report should push down some on gas prices.

United States
Consumer Credit (G19)
Aug. 2021: $14.4 bil
Consumer credit expanded in September by $14.4 billion.

Argentina
Industrial Production - Advance
Aug. 2021: 13.8% y/y
Industrial output in Argentina increased 13.8% year on year in August not seasonally adjusted, after 12.5% in the previous month.

China
Consumer Price Index
Sep. 2021:

China
Producer Price Index
Sep. 2021:

» VIEW MORE ECONOMIC INDICATORS

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