| Today's Economy
LatAm Daily Briefing: Election Season In upcoming months, voters in Peru, Chile and Ecuador will elect new presidents. Looser Lockdowns, Faster U.S. Job Growth The South is closer to a full recovery than other regions. Europe Daily Briefing: Energy Prices Support Sweden’s Inflation Electricity prices pumped up the headline reading. FOMC Preview: Threading the Needle With the bond market on edge, the Fed will try to balance patience with more optimism. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Weekly Highlights and Preview, March 15, 2021 The FOMC will try to thread the needle with its post-meeting statement, Summary of Economic Projections, and Powell’s presser. China Leads the Thaw After FDI Winter The global outlook for investment in 2021 remains uncertain despite record-low interest rates and hefty government fiscal packages. U.S. Consumer Prices Generally Following Demand Retail pricing power has improved. This Week in the COVID Crisis Single-family housing will continue to support the U.S. economic recovery, but housing’s surprising outsized contribution will fade with the pandemic. » VIEW MORE COMMENTARY
Today's Economic Indicators
Indonesia
Foreign Trade
Feb. 2021: US$2.00 bil
Indonesia's foreign trade surplus widened a little in February, to $2 billion. Finland
Consumer Price Index
Feb. 2021: 0.9%
Finland’s headline CPI was unchanged at 0.9% y/y in February. Finland
Retail Sales
Jan. 2021: 3.1%
Finland's seasonally adjusted retail sales, excluding motor vehicles and motorcycles, increased by 3.1% m/m in January, reversing a 3.4% decline in December. Belgium
Consumer Price Index
Feb. 2021: 0.5%
Consumer price growth in Belgium inched higher in February, rising to 0.5% y/y from 0.3% y/y in January. Sweden
Consumer Price Index
Feb. 2021: 1.4%
Sweden’s consumer price index cooled to 1.4% y/y in February from 1.6% in January. Canada
Housing Starts
Feb. 2021: 246 ths
Residential construction in Canada took a step back in February. Canada
Survey of Manufacturing
Jan. 2021: 3.1%
Manufacturing turned in its strongest month since July. Canada
New Motor Vehicle Sales
Jan. 2021: -14.5%
Total new-vehicle sales fell by 11% from December to January, contracting by 14.5% from a year earlier. United States
NY Empire State Manufacturing Survey
Mar. 2021: 17.4
New York's factories are moving ever more decisively in the right direction, according to the March Empire State Manufacturing Survey. India
Foreign Trade
Feb. 2021: -US$12.6 bil
Trade is on track to be a drag on India’s economy in the first quarter of this year. World
Moody's Analytics Global GDP
2020Q4: 6.9%
World
Moody's Analytics Survey of Business Confidence
March 12: -2.6
Global business sentiment turned positive last week, although it remains negative on a four-week moving average basis. United States
Regional and State Employment
Jan. 2021:
The January job numbers for state and regional economies showed that the labor market was off to a positive start in the new year. United States
Cox Automotive/Moody’s Analytics Vehicle Affordability Index
Feb. 2021: 31.7 weeks, NSA
New-vehicle affordability increased in February, the fourth consecutive month in which vehicle affordability rose. Uruguay
Industrial Production
Jan. 2021: -0.3% y/y
Uruguay’s industrial production fell 0.3% in January, giving back gains made in the prior month. Colombia
Industrial Production
Jan. 2021: -1.6% y/y
Manufacturing output fell 1.7% y/y in January after growing 1.5% in the previous month. United States
Treasury International Capital Flows
Jan. 2021: $90.8 bil
Net long-term capital flows were positive for the ninth straight month in January. » VIEW MORE ECONOMIC INDICATORS | 