Today's Economy Economic Roundup: U.S. Manufacturing Improving, but Not Booming The ISM manufacturing index rose in July but tests are ahead. High-Frequency GDP Model's Wild Q3 Ride Begins The initial estimate is for real GDP to rise 16.6% at an annualized rate. LatAm Daily Briefing: Gone in a Flash Mexico's economy saw it's worst quarterly decline since the Great Depression. Europe Daily Briefing: Manufacturers Get Some Relief The euro zone PMI hadn't signaled growth since February 2019. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Weekly Highlights and Preview, August 3, 2020 The pause and rolling back of state reopenings should hurt nonmanufacturing more than manufacturing. U.S. COVID-19 Tracker Update: Economy Sputters Risks loom for consumer spending and the labor market. This Week in the COVID Crisis Lower- and middle-income households will suffer the most if lawmakers fail to come through. Europe Weekly Highlights and Preview, 31 July, 2020 Euro zone retail sales point to a V-shape recovery, but the overall picture isn't as optimistic. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States Vehicle Sales - AutoData Jul. 2020: Chile Monthly Economic Activity Indicator Jun. 2020: -12.4% Chile’s economic activity continued to report a significant annual contraction in June, though at a reduced speed. United States Construction Spending (C30) Jun. 2020: -0.7% U.S. construction put in place disappointed in June, declining 0.7%, versus the consensus expectation of a 1% increase. World Moody's Analytics Survey of Business Confidence July 31: -12.8 Global business sentiment remains weak. United States ISM Manufacturing Index Jul. 2020: 54.2 The improvement in U.S. manufacturing broadened in July, but the recent sputtering in the economy could test the industry over the next couple of months. Brazil Foreign Trade Jul. 2020: US$8.06 bil Brazil’s trade surplus rose to $8.1 billion in July, the biggest on record. United States Senior Loan Officer Opinion Survey 2020Q3: 71.2% South Korea Consumer Price Index Jul. 2020: Australia Foreign Trade Jun. 2020: Australia Retail Sales Jun. 2020: » VIEW MORE ECONOMIC INDICATORS |