Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Wednesday, March 11, 2020

Today's Economy


Census Hiring and COVID-19

The tight labor market and coronavirus risks will weigh on recruitment.

LatAm Daily Briefing: Up Go the Chills

The number of confirmed coronavirus cases in Latin America surpassed 100 this week.

U.K. Government Goes All-Out in New Budget

The near-term fiscal stimulus measures came in well above expectations.

Europe Daily Briefing: Two Heads Are Better Than One

The BoE's unexpected actions came at a good time for the stalling U.K. economy.

» VIEW MORE TODAY'S ECONOMY



Commentary


COVID-19: The Policy Response

The White House and Congress need to act quickly.

The Economic Impact of COVID-19 Under Alternative Scenarios: Q&A

We answer questions submitted in response to our recent webinar.

How Our U.S. Baseline Forecast Has Changed

The first half of this year will be dicey; the policy response is key.

Global Outlook: Knocked Off Course

COVID-19 has battered global growth expectations for 2020.

» VIEW MORE COMMENTARY



Today's Economic Indicators


United Kingdom
Monetary Policy and Minutes
Mar. 2020: 0.25%
In an unscheduled meeting held on Tuesday, the Bank of England slashed its interest rates to just 0.25% from 0.75%.

Spain
Retail Sales
Jan. 2020: 0.3%
Spain's retail sales started off 2020 on the right foot, with retail sales increasing 0.3% in seasonally adjusted terms.

United Kingdom
Monthly GDP
Jan. 2020: 0.0%
The monthly U.K.

Brazil
Consumer Price Index
Feb. 2020: 4.01%
Brazil’s inflation remains high but is trending down as prices normalize.

United States
MBA Mortgage Applications Survey
March 06: 55.4%
Mortgage applications spiked 55.4% over the week of March 6.

United States
Consumer Price Index
Feb. 2020: 0.1%
The U.S. consumer price index rose 0.1% in February, a touch more than either we or the consensus anticipated.

Canada
Industrial Capacity Utilization
2019Q4: 81.2%
Although declines have slowed, Canadian industrial capacity utilization continued to move lower in the fourth quarter.

United States
Oil Inventories
March 06: 451.8 mil barrels
Crude oil inventories rose by much more than analysts predicted last week, which will weigh on oil prices.

China
Monetary Aggregates
Feb. 2020:

United States
Treasury Budget
Feb. 2020: -$235.3 bil
The federal government has incurred a cumulative budget deficit of $624.5 billion during the first five months of fiscal 2020, compared with $544.2 billion over the same period last fiscal year.

» VIEW MORE ECONOMIC INDICATORS

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