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.

Monday, March 30, 2020

Today's Economy


LatAm Daily Briefing: The Virus and the Damage Done

Remittance flows will drop by a magnitude similar to that in the 2008-2009 crisis.

Increased U.S. Unemployment Benefits Unlikely to Create a Disincentive to Work

The extra money won't replace all the lost income, and the benefit is for only four months.

Webinar Replay: COVID-19 Economic Scenarios

We update our global forecast in light of the latest developments on the coronavirus crisis.

Europe Daily Briefing: It Will Get Worse, Much Worse

U.K. GDP will take a softer hit than the euro zone in Q1, but Q2 will hammer all of Europe.

» VIEW MORE TODAY'S ECONOMY



Commentary


Forecaster's Mailbag: Australia's Rude Awakening

The country's sanguine economic track record has been knocked off course.

U.S. Weekly Highlights and Preview, March 30, 2020

We expect data for March to show significant weakness across the board because of COVID-19.

Calibrating Euro Zone GDP Growth for the Coronavirus Pandemic

The economic shocks from COVID-19 are unique in their nature in postwar economic history.

A Stimulus to Remember

After a month of measures, U.S. policymakers will have to flex their muscle further still.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Spain
Retail Sales
Feb. 2020: 0.3%
Spain’s retail sales growth continued its upward trend in February, rising 0.3% in seasonally adjusted terms.

Euro Zone
Business and Consumer Sentiment
Mar. 2020: 94.5
The euro zone's business and consumer sentiment plummeted to 94.5 in March, an 8.9-point decline from February, as the COVID-19 outbreak ripped through the euro zone economy.

United States
Moody's Analytics Used Vehicle Price Indexes
Feb. 2020: 3.4%
U.S. used-vehicle prices were up 3.4% on a year-over-year basis in February, marking the third consecutive month of price appreciation.

World
Moody's Analytics Survey of Business Confidence
March 27: -7.6
COVID-19 is hammering global business confidence.

United States
Pending Home Sales
Feb. 2020: 111.5
The NAR pending home sales index rose 2.4% to 111.5 in February, hitting its highest level since early 2017.

United States
Texas Manufacturing Outlook Survey
Mar. 2020: -70.0
The Texas factory outlook dropped dramatically in March, to its lowest point since the Great Recession, because of the lockdown in the economy required to fight COVID-19.

Argentina
Economic Activity Indicator
Jan. 2020: -1.8%
The statistics office’s monthly economic activity index dropped 1.8% y/y in January after falling 0.2% in the previous month.

South Korea
Retail Sales
Feb. 2020:

Japan
Employment Situation
Feb. 2020:

Japan
Industrial Production
Feb. 2020:

Japan
Retail Sales
Feb. 2020:

China
Manufacturing PMI
Mar. 2020:

» VIEW MORE ECONOMIC INDICATORS

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