| Today's Economy
Economic Roundup: The Weather Outside's Delightful Mother Nature deserves some credit for the solid job growth in January. U.S. Risk Matrix Update: Removing Impeachment We have made adjustments to add significance to the coronavirus and to account for the U.S. Senate vote to acquit Trump. Canada Weekly: News Flash, Beer Hurts Productivity No, we are not talking consumption. Weather Juiced U.S. Job Growth in January Our initial estimate is that favorable weather boosted employment by 60,000 to 70,000. » VIEW MORE TODAY'S ECONOMY
Commentary
Latin America Weekly Highlights and Preview, February 7, 2020 Colombia is the rare outperformer in the region. Wuhan: A Key Manufacturing Center of the Past Decade The area will likely suffer economic effects of the coronavirus long after other regions of China begin to revert to normal. Europe Weekly Highlights and Preview, 7 February, 2020 U.K. growth likely all but stalled in the fourth quarter. Macro Roundup: Searching for Clarity Amid Coronavirus China's GDP growth has been revised down to 5.4% for 2020 from the prior 6.1% estimate. » VIEW MORE COMMENTARY
Today's Economic Indicators
France
Industrial Production
Dec. 2019: -2.8%
France's headline industrial production decreased by 2.8% m/m in December after zero growth in November. Spain
Industrial Production
Dec. 2019: -1.4%
Spain’s industrial production decreased 1.4% in December on a seasonally adjusted basis. Italy
Retail Sales
Dec. 2019: 0.5%
Italy's retail sales ticked up 0.5% m/m December as nonfood sales rebounded over the month. Brazil
Consumer Price Index
Jan. 2020: 4.19%
Brazil's inflation maintained its rebound at the start of the year as prices continued to realign. Chile
Consumer Price Index
Jan. 2020: 3.5%
Chile’s inflation started the year on an upward trend, affected by the comparison base and price realignments. Germany
Industrial Production
Dec. 2019: -3.5%
German industrial production took a beating in December, falling by 3.5% m/m and 6.8% y/y. Russian Federation
Monetary Policy
Feb. 2020: 6.0%
The Central Bank of Russia predictably continued its rate-cutting cycle in February. Chile
Foreign Trade
Jan. 2020: US$1,214.0 mil
Chile’s trade surplus fell slightly in January to $1.2 billion from $1.46 billion in December. Mexico
Consumer Price Index
Jan. 2020: 3.24%
Mexico’s inflation started to trend up at the start of the year as consumer prices rebounded. Canada
Labor Force Survey
Jan. 2020: 5.5%
The Canadian labor market started the year on the right foot. United States
Employment Situation
Jan. 2020: 225,000
The year started off on a strong note with payrolls increasing by 225,000 jobs. United States
Wholesale Trade (MWTR)
Dec. 2019: -0.2%
Wholesale inventories fell 0.2% in December, below the consensus expectation of 0.1% growth. Canada
Purchasing Managers' Index
Jan. 2020: 57.3
The seasonally adjusted Ivey Purchasing Managers' Index increased from 51.9 in December to 57.3 in January. United States
Consumer Credit (G19)
Dec. 2019: $22.1 bil
Consumer credit growth sped up in December, rising by $22.1 billion. » VIEW MORE ECONOMIC INDICATORS | 