| Today's Economy
Economic Roundup: U.S. Consumer Confidence Continues to Slide There are no immediate implications for near-term consumer spending. LatAm Daily Briefing: Manufacturing Supporting Argentina’s Recovery The sector provided 20% of GDP over the past 12 months ended in June. Capital Market View: Tick-Tock The sooner drop-dead date for U.S. debt ceiling isn't behind the rise in long-term rates. Q3 U.S. GDP Now Tracking South of 4% Inventories are going to account for the bulk of the gain in growth. » VIEW MORE TODAY'S ECONOMY
Commentary
Global Vaccine Tracker: U.S. Will Open to More Travelers Latin America still falls well short of the vaccination rate needed to protect from any new severe wave of COVID-19 infections. Emerging Market View: As Leviathan Churns Financial tremors in China shake the globe. U.S. Chartbook: Summer’s End, Changes at the Fed Impend Homebuilders have been busy working through their backlogs but have seen some easing in supply issues. U.S. Weekly Highlights and Preview, September 27, 2021 The deadline for Congress to renew expiring government spending authority is fast approaching. » VIEW MORE COMMENTARY
Today's Economic Indicators
Malaysia
Foreign Trade
Aug. 2021: MYR21.4 bil
Malaysia’s trade surplus widened to MYR21.4 billion in August, from July’s MYR13.7 billion. Norway
Retail Sales
Aug. 2021: -3.7% m/m
Norway’s retail sales, excluding motor vehicles and fuels, tumbled by 3.7% m/m in August, deepening a 3.1% decline in July. Sweden
Retail Sales
Aug. 2021: 0.7% m/m
Sweden's retail sales rose 0.7% m/m in August following July’s 1.2% decline. Hong Kong SAR (China)
Foreign Trade
Aug. 2021: -HK$26.3 bil
Hong Kong's trade deficit narrowed more than we expected to HK$26.3 billion in August, from HK$35.0 billion in July. Ireland
Retail Sales
Aug. 2021: 2.7% m/m
Mexico
Employment Situation
Aug. 2021: 4.3% Unemployment
Mexico’s unemployment rate decreased mildly in August, the month when COVID-19 cases reached a new high. United States
Advance Wholesale and Retail Inventories
Aug. 2021: 1.2% m/m
Wholesale trade inventories climbed 1.2% in August following a 0.6% increase in July. United States
International Trade in Goods - Advanced
Aug. 2021: -$87.6 bil
The U.S. nominal-goods deficit widened modestly in August, but the implications for third-quarter GDP growth are modest at best. United States
S&P CoreLogic Case-Shiller® Home Price Indexes
Jul. 2021: 19.9% y/y
House price growth quickened in July, as measured by the S&P CoreLogic Case-Shiller 20-City Composite Index, registering its 13th consecutive month of faster year-over-year price appreciation. United States
FHFA Purchase-Only House Price Index
Jul. 2021: 19.2% y/y
The Federal Housing Finance Agency Purchase-Only House Price Index climbed to 19.2% year over year in July. United States
Richmond Fed Manufacturing Survey
Sep. 2021: -3
Manufacturing conditions weakened in the Richmond Federal Reserve District. United States
Conference Board Consumer Confidence
Sep. 2021: 109.3
U.S. consumer confidence continues to tumble because of the recent wave of COVID-19 cases. United States
Texas Service Sector Outlook Survey
Sep. 2021: 14.5
Texas service sector current activity decelerated slightly in September but continued to grow steadily. United States
Moody’s Analytics Policy Uncertainty Index
September 24:
Argentina
Economic Activity Indicator
Jul. 2021: 11.7% y/y
Argentina's statistics office’s monthly economic activity index increased 11.7% y/y in July, the same pace as in the previous month. Japan
Foreign Trade
Aug. 2021:
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