Today's Economy Capital Market View: The Economics of Hurricane Ida The largest impact on U.S. GDP will come through energy prices. Inside Economics Podcast: Episode 21—Tapering and Taxes Our panel assesses the direction and effectiveness of U.S. monetary and fiscal policy. Europe Daily Briefing: Euro Zone Sentiment Wavers in August Sentiment tumbled from recent highs amid COVID-19 uncertainty. Asia-Pacific Daily Briefing: Japan's Choppy Retail Trade Movement restrictions have lifted spending on goods and subdued demand for services. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Weekly Highlights and Preview, August 30, 2021 Our preliminary forecast is for nonfarm employment to have increased 500,000 between July and August. U.S. Chartbook: Last Hurrah for Government Transfer Receipts The first advance Child Tax Credit payment boosted personal income above expectations. Latin America Weekly Highlights and Preview, August 27, 2021 Mexico and Brazil get GDP boosts; Chile and Peru experience growth. Europe Weekly Highlights and Preview, 27 August, 2021 As we will see, business and consumer sentiment in the euro zone likely weakened in August. » VIEW MORE COMMENTARY
Today's Economic Indicators
Spain Retail Sales Jul. 2021: 0.1% m/m Spain’s retail sales increased by 0.1% m/m in seasonally adjusted terms in July. Euro Zone Business and Consumer Sentiment Aug. 2021: 117.5 The euro zone’s economic sentiment indicator eased in August after rising for the past six months, dropping to 117.5 from 119 in July. Portugal Retail Sales Jul. 2021: 2.6% y/y Retail sales in Portugal slid by 0.4% m/m in July, deepening the 1.9% loss in the previous month. Canada Balance of International Payments 2021Q2: C$3.6 bil Canada’s current account surplus grew in the second quarter. World Moody's Analytics Survey of Business Confidence August 27: 21.6 Global business sentiment has taken on a brighter hue in the past several weeks, perhaps indicating that the worst of the economic fallout from the Delta variant is behind us. United States Pending Home Sales Jul. 2021: 110.7 The NAR pending home sales index fell 1.8% to 110.7 in July, following a similarly sized reduction in June. Belgium GDP 2021Q2: 1.7% q/q Belgian GDP advanced by 1.7% q/q in the second quarter, improving on the 1.1% gain in the first quarter. United States Texas Manufacturing Outlook Survey Aug. 2021: 9.0 Texas factory activity continued to grow in August, though the pace decelerated. South Korea Industrial Production Jul. 2021: South Korea Retail Sales Jul. 2021: Japan Employment Situation Jul. 2021: Japan Industrial Production Jul. 2021: China Manufacturing PMI Aug. 2021: » VIEW MORE ECONOMIC INDICATORS |
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