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.

Monday, September 21, 2020

Today's Economy


Economic Roundup: When You Come to a Fork in the Road, You Take It

Odds of fiscal stimulus ahead of the election are fading.

LatAm Daily Briefing: Between Two Fridays

Peru's president was acquitted of corruption charges a week after his impeachment.

Europe Daily Briefing: COVID Uptick to Slow German Recovery

Retail trade will wither, while job insecurity will curb consumer demand.

M2’s Liftoff Reflects Unsustainable Accumulation of Cash

The current cash assets of businesses and households exceed what they will hold long term.

» VIEW MORE TODAY'S ECONOMY



Commentary


U.S. Chartbook: Recovery Cooling With the Weather

Data released last week offer no clear evidence that the economy’s recovery accelerated.

U.S. Weekly Highlights and Preview, September 21, 2020

We expect another gain in existing-home sales.

U.S. State and Local Government Shortfall Update

The economic outlook has marginally improved.

Europe Weekly Highlights and Preview: 18 September, 2020

We expect flash PMIs to show confidence faltered across most countries at the end of Q3.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Hong Kong
GDP
2020Q2:

Canada
New Housing Price Index
Aug. 2020: 2.1%
New-home prices are accelerating, reflecting a combination of low inventory, rising input costs, and stronger demand.

United States
Chicago Fed National Activity Index
Aug. 2020: 0.79
The August reading for the Chicago Fed’s National Activity Index showed continued moderation after unprecedented swings earlier in the year.

India
Foreign Trade
Aug. 2020: -US$6.8 bil
India’s trade deficit widened to $6.8 billion in August from $4.8 billion in July.

World
Moody's Analytics Survey of Business Confidence
September 18: -15.6
Global businesses remain anxious, as they have since the pandemic struck at the start of the year.

Singapore
GDP - Advanced
2020Q3:

United States
Financial Accounts - Households
2020Q2: $118.96 tril
Household wealth recovered in the second quarter as the stock market reversed its COVID-19 plunge as the economic recession ended almost as quickly as it started.

United States
Financial Accounts - Nonfinancial Corporate
2020Q2: $15.81 tril
Nonfinancial corporate business wealth decreased by $1.4 trillion to $15.81 trillion during the second quarter.

» VIEW MORE ECONOMIC INDICATORS

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