Today's Economy Economic Roundup: Fewer U.S. Job Openings The latest JOLTS report shows more signs of softening in the labor market. Liberation Day Simulation A 20% across-the-board U.S. tariff would threaten millions in job losses. LatAm Daily Briefing: Can AI Help Narrow the Productivity Gap? The region’s large informal labor sector represents one of the main challenges for deploying artificial intelligence. Europe Daily Briefing: Cooler Inflation Boosts April Cut Chances According to preliminary estimates, a late Easter kept euro zone inflation at bay in March. » VIEW MORE TODAY'S ECONOMY
Commentary Don’t Forget About the Debt Limit We forecast that the drop-dead date could come as soon as July 28. U.S. Chartbook: Causes for Concern Stubborn inflation and public policy loom over consumers. Euro Zone Inflation Tracker: One Step Lower Fundamental price drivers remain in place such as still-robust growth in labor costs. APAC Economic Outlook: Facing the Trade Winds The region will avoid recession this year, but slow global growth and tariffs will generate risks. » VIEW MORE COMMENTARY
Today's Economic Indicators
Italy Unemployment Feb. 2025: 5.9% Euro Zone Preliminary Consumer Price Index Mar. 2025: 2.2% y/y The preliminary estimate of the euro zone’s HICP inflation rate came in at 2.2% y/y in March, down from 2.3% in February. Euro Zone Unemployment Feb. 2025: 6.1% The euro zone unemployment rate reached another record low in February, falling to 6.1% from 6.2% in January. Chile Monthly Economic Activity Indicator Feb. 2025: -0.1% y/y As expected, Chile’s economic activity weakened again in February after a rebound in the previous few months, dragged down by an industrial contraction. United States Construction Spending (C30) Feb. 2025: 0.7% m/m Construction spending in the U.S. was estimated at a seasonally adjusted annualized rate of $2.196 trillion in February. United States Job Openings and Labor Turnover Survey Feb. 2025: 7,568 ths The February Job Openings and Labor Turnover Survey supports our view of a softening but not tottering labor market. United States ISM Manufacturing Index Mar. 2025: 49.0 After expanding in February, U.S. manufacturing activity contracted in March. United States Texas Service Sector Outlook Survey Mar. 2025: 1.3 Texas service sector activity decelerated in March, though revenue, employment and wages continued to rise. United States Agricultural Prices Feb. 2025: 13.5% m/m The Agricultural Prices Received Index surged in February. South Korea Consumer Price Index Mar. 2025: » VIEW MORE ECONOMIC INDICATORS |