| Today's Economy
Economic Roundup: Pressure Cooker in Eccles Building U.S. labor market is barreling toward full employment and this causes problems for the Fed. Capital Market View: Too Much of a Good Thing? Job growth is strong, but it needs to cool or the economy is going to overheat. Europe Daily Briefing: Inflation Numbers Through the Roof The ECB can’t wait much longer before raising rates. French Economy Working in Macron's Favor It is unlikely a candidate will win a majority in the first round of presidential voting on 10 April. » VIEW MORE TODAY'S ECONOMY
Commentary
Latin America Weekly Highlights and Preview, April 1, 2022 Brazil’s annual inflation remained at a double-digit rate in March. U.S. Employment Report, Cont'd Job growth totaled over 1.7 million in the first quarter of 2022. Inflation Pressures Ripple Through Cambodia and Laos Oil price hikes threaten to hurt the post-pandemic recovery in Cambodia and Laos. Europe Weekly Highlights and Preview, 1 April, 2022 It is no surprise that euro zone consumers and manufacturers lost confidence during March. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States
Moody's CMBS Delinquency Tracker
Feb. 2022: 4.78%
The Moody’s Delinquency Tracker total delinquency rate plunged 52 basis points to 4.78% in February. Switzerland
Consumer Price Index
Mar. 2022: 2.4%
Swiss inflation pressures did not abate in March with the headline consumer price index rising 2.4% y/y. Euro Zone
Preliminary Consumer Price Index
Mar. 2022: 7.5% y/y
Preliminary estimates showed that the euro zone’s CPI inflation rate surged to an eye-watering 7.5% y/y in March from 5.9% in February, coming in much higher than even our above-consensus forecast and marking the highest reading on record. Portugal
Industrial Production
Feb. 2022: -4.3%
Portuguese industrial production increased by 0.6% m/m in February after the significant 5.1% contraction in January. Chile
Monthly Economic Activity Indicator
Feb. 2022: 6.8% y/y
Chile’s economic activity continued to moderate in February as monetary conditions normalized. United States
Employment Situation
Mar. 2022: 431,000 m/m
The labor market is in great shape as the pandemic has continued to ebb. Brazil
Industrial Production
Feb. 2022: -4.7% y/y
The industrial sector reported another annual contraction in February but advanced in monthly terms. United States
Moody’s Analytics & CNN Business Back-to-Normal Index
March 30: 94.8
The Moody’s Analytics & CNN Business Back-to-Normal Index moved sideways again this week, though underlying trends suggest things remain headed in the right direction. United States
Construction Spending (C30)
Feb. 2022: 0.5% m/m
U.S. construction spending in February was estimated at $1.7 trillion, 0.5% above its revised January estimate. United States
ISM Manufacturing Index
Mar. 2022: 57.1
The U.S. Peru
Consumer Price Index
Mar. 2022: 6.8% y/y
Consumer prices in the Lima metropolitan area, a barometer of inflation at the national level in Peru, rose 6.8% in March on a year-ago basis, hitting our forecast on the nose. United States
Vehicle Sales - BEA
Mar. 2022:
Brazil
Foreign Trade
Mar. 2022: US$7.383 bil
Brazil’s trade surplus accelerated in March as exports of oil and derivatives and agriculture rebounded strongly. » VIEW MORE ECONOMIC INDICATORS | 