Today's Economy Economic Roundup: Weather Juices January ISM Manufacturing Index Supplier deliveries increased and there was more evidence of price pressures. China PMIs Signal Slowed Expansion The outlook for recovery in both manufacturing and services remains largely upbeat. Europe Daily Briefing: February Manufacturing PMI Advances Inflation will heat up significantly in the first half of this year. LatAm Daily Briefing: Chile's Consumers Retreat The data preview a tough first quarter for the region’s households. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Weekly Highlights and Preview, March 1, 2021 The U.S. economy appears poised to take off. U.S. Chartbook: Vaccines and Stimulus A prescription of inoculations and new federal aid for the economy have brightened the outlook for growth this year. U.S. Consumer Confidence Through the Pandemic The outlook is optimistic, but risks center around prices for equities and energy. This Week in the COVID Crisis We expect U.S. real GDP growth of over 6% in calendar year 2021 as employment increases by more than 5 million jobs. » VIEW MORE COMMENTARY
Today's Economic Indicators
Portugal Retail Sales Jan. 2021: -10.9% Portuguese retail sales nosedived by 10.9% y/y in January, after a 3.7% decline in December. Canada Balance of International Payments 2020Q4: -C$7.3 bil Trade will provide a slight boost to fourth-quarter GDP growth. Belgium GDP 2020Q4: -0.1% Belgium's economy ended 2020 with a whimper. United States Construction Spending (C30) Jan. 2021: 1.7% m/m U.S. construction spending surprised to the upside to begin the new year, rising 1.7% from its revised December figure. World Moody's Analytics Survey of Business Confidence February 26: -5.0 Global business sentiment remains in the doldrums, consistent with an economy that is struggling to avoid sliding back into recession. Peru Consumer Price Index Feb. 2021: 2.4% y/y The consumer price index for the Lima metropolitan area rose 2.4% on a year-ago basis in February; the decline in the index from January to February brought the annual inflation rate down 30 basis points. United States ISM Manufacturing Index Feb. 2021: 60.8 The U.S. economy could exceed expectations this quarter as the data have been coming in better than anticipated. Russian Federation Unemployment Jan. 2021: Brazil Foreign Trade Feb. 2021: US$1.152 bil Brazil’s trade account turned positive in February, after reporting a deficit in the previous month. United States Monthly GDP Jan. 2021: 1.6% m/m The U.S. economy got off to a strong start in the first quarter, but some weather-related bumps are coming with February data. South Korea Industrial Production Jan. 2021: South Korea Retail Sales Jan. 2021: Japan Employment Situation Jan. 2021: » VIEW MORE ECONOMIC INDICATORS |