| Today's Economy
Economic Roundup: U.S. Factory Production on the Upswing U.S. manufacturing continues to recover from the recession, and the improvement is broadening. Europe Daily Briefing: Deflation Won't Last for Long The ECB will stay on the sidelines despite some pressure to act. Permanent Layoffs Sting Some Industries Harder Than Others The COVID-19 crisis will do lasting damage to the U.S. labor market. Asia-Pacific Daily Briefing: Japan's Battered Labour Market South Korea's exports unexpectedly declined in August. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Chartbook: Where Do We Go From Here? The economic recovery hinges on the prevalence of the virus and the next fiscal stimulus package. U.S. Weekly Highlights and Preview, August 31, 2020 The ADP National Employment Report will help to gauge private employment. U.S. COVID-19 Tracker Update: School's in Session, for Now Our high-frequency GDP model now has third-quarter GDP tracking 29.2% at an annualized rate. This Week in the COVID-19 Crisis While the Trump administration and Congress dither, the Fed continues to act. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States
CoreLogic Home Price Index
Jul. 2020: 5.5%
The CoreLogic Home Price Index rose 1.2% in July from the previous month and advanced 5.5% year over year. United States
Vehicle Sales - AutoData
Aug. 2020:
Germany
Unemployment
Aug. 2020: 6.4%
The German unemployment rate was unchanged at 6.4% in August for the second month in a row. Italy
Unemployment
Jul. 2020: 9.7%
Preliminary estimates show that, after four consecutive months of decline, employment in Italy rose by 85,000 in July. Euro Zone
Preliminary Consumer Price Index
Aug. 2020: -0.2%
Preliminary numbers showed that euro zone CPI prices fell by 0.2% y/y in August after increasing by 0.4% in July, marking the first drop since May 2016. Euro Zone
Unemployment
Jul. 2020: 7.9%
The euro zone’s jobless rate edged up to 7.9% in July from a downwardly revised 7.7% reading in June. Brazil
GDP
2020Q2: -11.4%
Brazil’s economy reported a severe annual contraction in the second quarter as the coronavirus crisis paralyzed activities. Chile
Monthly Economic Activity Indicator
Jul. 2020: -10.7%
Economic activity in Chile advanced positively in July, though it contracted on an annual basis. Peru
Consumer Price Index
Aug. 2020: 1.7%
United States
Moody's Analytics Used Vehicle Price Indexes
Aug. 2020: 19.8%
Demand for wholesale used vehicles was robust last month. United States
Construction Spending (C30)
Jul. 2020: 0.1%
U.S. construction spending eked out a modest gain in July following declines in the four previous months. United States
ISM Manufacturing Index
Aug. 2020: 56.0
U.S. manufacturing continues to recover from the recession, and the improvement is broadening. United States
Texas Service Sector Outlook Survey
Aug. 2020: 1.5
Texas service sector activity essentially stopped declining in August, but there was no significant rebound. Chile
Monetary Policy
Sep. 2020:
South Korea
Consumer Price Index
Aug. 2020:
Australia
GDP
2020Q2:
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