| Today's Economy
Economic Roundup: A Hurricane in the Political Calculus U.S. deflation fears eased, but it will take several months for inflation to approach the Fed’s 2% target. Q3 U.S. GDP Tracking Estimate Gets a Boost July consumer spending has GDP tracking 29.2% at an annualized rate. Geopolitical Risk Calendar: Japan’s Abe Unexpectedly Resigns The pandemic rages on as COVID-19 infections are rising in many parts of the world. Europe Daily Briefing: Will the Boost Fade? Euro zone business sentiment rose, while France's retail sector showed a V-shape recovery. » VIEW MORE TODAY'S ECONOMY
Commentary
Latin America Weekly Highlights and Preview, August 28, 2020 Recovery continues, but is muted, in most regional economies. Europe Weekly Highlights and Preview, 28 August, 2020 Germany's second-quarter GDP contracted less than initially estimated, but it was still the worst decline on record. Asia-Pacific Weekly Highlights and Preview: 28 August, 2020 The June quarter will show the full effects of the COVID-19 restrictions on Australia's GDP. Indications of Looming Default in Lebanon Currency in circulation and the central bank's balance sheet raised flags prior to the default. » VIEW MORE COMMENTARY
Today's Economic Indicators
Malaysia
Foreign Trade
Jul. 2020: MYR25.1 bil
Malaysia’s trade balance continued to improve, surging to a historically high MYR25.1 billion surplus in July. France
GDP
2020Q2: -13.8%
Final numbers confirmed that France’s GDP plunged by 13.8% q/q in the second quarter, the sharpest contraction on record, after a 5.9% decline in the first. France
Household Consumption Survey
Jul. 2020: 0.5%
France's household consumption of goods continued to recover in July following the COVID-19-led in slump in March and April. Spain
Retail Sales
Jul. 2020: 1.1%
Retail sales inched up 1.1% in seasonally adjusted terms in July. Euro Zone
Business and Consumer Sentiment
Aug. 2020: 87.7
The euro zone's business and consumer sentiment continued to rise steadily during August, reading 87.7, a 5.3-point increase over July. United States
Moody’s Analytics & CNN Business Back-to-Normal Index
August 26: 79.0
The Moody’s Analytics & CNN Business Back-to-Normal Index is showing slow but steady improvement in the U.S. economy. Chile
Employment
Jul. 2020: 13.1%
The national unemployment rate averaged 13.1% in the May-July rolling quarter, up sharply from 7.6% a year earlier. United States
Personal Income
Jul. 2020: 0.4%
Incomes increased in July as government transfer payments declined much less than in prior months while nearly all other components of personal income gained further ground. United States
PCE Deflator
Jul. 2020: 0.3%
Inflation rose modestly in July, easing fears of deflation, but it will take several months for inflation to approach the 2% target. United States
Personal Spending
Jul. 2020: 1.6%
Real consumer spending continued its rebound in July, if at a slowing pace, and has now reversed nearly three-quarters of its declines in March and April. Canada
GDP
2020Q2: -38.7%
The depth of the second quarter's decline in GDP is confirmed. Canada
Industry Output
Jun. 2020: 6.5%
The Canadian economy continued its rebound in June. United States
Advance Wholesale and Retail Inventories
Jul. 2020: -0.1%
Wholesale inventories fell 0.1% from June to July. United States
International Trade in Goods - Advanced
Jul. 2020: -$79.3 bil
Trade was a noticeable drag on growth early this quarter. United States
University of Michigan Consumer Sentiment Survey
Aug. 2020: 74.1
Consumer sentiment has about leveled off as the increase in the number of COVID-19 infections has offset the lift from the reopenings that have taken place. United States
Agricultural Prices
Jul. 2020: -2%
The Agricultural Prices Received Index decreased in July as livestock prices declined. » VIEW MORE ECONOMIC INDICATORS | 
