| Today's Economy
Economic Roundup: The Economics of Hurricane Laura Regional costs could be significant but the impact on U.S. GDP will be modest. LatAm Briefing: Brazil Bulls Cheer Jobs Stampede We still believe that our call for a larger annual contraction is fair play. School Reopenings Put Students and the Economy at Risk U.S. states mandating in-person instruction may be trading short-term economic gains for long-term malaise. Europe Daily Briefing: Challenging Times for French Consumers France is winding down its short-term work scheme, which will drive up unemployment. » VIEW MORE TODAY'S ECONOMY
Commentary
Forecasting Remittance Inflows to the Philippines During the COVID-19 Pandemic Our model shows a strong recovery during the second half of the year. Updating Our Brexit Baseline We now expect the EU and the U.K. to reach a thin deal by the end of the year. U.S. COVID-19 Tracker Update: Game Changers What's next as direct relief to the economy under the CARES Act has practically ground to a halt? U.S. Chartbook: Looking for a Spark New data indicated that the economy’s performance did not deteriorate further, nor did it improve materially. » VIEW MORE COMMENTARY
Today's Economic Indicators
Singapore
Industrial Production
Jul. 2020: -8.4%
Singapore’s industrial production contracted by 8.4% y/y in July, extending the fall in manufacturing output since May. United States
MBA Mortgage Applications Survey
August 21: -6.5%
Mortgage applications dropped by 6.5% over the week of August 21, compounding a 3.3% decline the week prior. Mexico
Economic Activity Index
Jun. 2020: -13.2%
Mexico’s economic activity started a reactivation in June as the businesses began reopening and raised the volume of production. Mexico
GDP
2020Q2: -18.7%
Mexico’s economy reported a severe annual contraction in the second quarter as the COVID-19 pandemic paralyzed several activities and affected the labor market. As a result, in the second quarter, GDP reported an annual contraction of 18.7%, after a fall of 1.3% in the previous quarter and a decrease of 1.1% a year earlier. United States
Durable Goods (Advance)
Jul. 2020: 11.2%
U.S. durable goods orders have surged over the past few months. United States
Oil Inventories
August 21: 507.8 mil barrels
A larger than expected decline in oil inventories will put upward pressure on oil prices. United States
Moody’s Analytics Policy Uncertainty Index
August 21: 214.4
The four-week moving average in our U.S. policy uncertainty index slipped from 214.6 to 214.4 in the week ended August 21. France
Job Seekers
Jul. 2020: 3.79 mil
The number of French job seekers fell by 172,200 to 3.79 million in July. » VIEW MORE ECONOMIC INDICATORS | 
