| Today's Economy
LatAm Daily Briefing: Long COVID-19 Battle Ahead The lack of strict social distancing measures in Brazil and Mexico has clearly made the pandemic worse. Round Two of PPP Goes Small A week in, the second round of PPP is looking a lot different from the first. U.S. Nonmanufacturing Tumbles for April Supplier deliveries prevented the ISM survey from falling even further. Europe Daily Briefing: German Court Tries to Clip the ECB's Wings If the central bank's actions are limited, the burden of responsibility will fall on individual governments. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Weekly Highlights and Preview, May 4, 2020 Focus will be on damage the COVID-19 crisis has done to the labor market. U.S. Chartbook: Deep Freeze With shutdowns keeping much of the economy on ice, new data confirm a significant collapse. The Unemployment Rate Will Undersell the Impact of COVID-19 The scale of U.S. job losses and mandated business closures add complexity to job-loss measures. This Week in the COVID Crisis More job losses are likely through mid-May, but job growth should resume by Memorial Day as businesses begin to reopen. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States
CoreLogic Home Price Index
Mar. 2020: 4.5%
The CoreLogic Home Price Index increased 4.5% year over year in March, the fastest growth rate since 2018. Australia
Monetary Policy
May. 2020: 0.25%
The Reserve Bank of Australia, as expected, kept its policy rate and yield objective unchanged in its May meeting. Brazil
Industrial Production
Mar. 2020: -7.9%
The national industry reported a significant annual contraction in March as the economy felt the effects of the coronavirus outbreak. Canada
International Merchandise Trade
Mar. 2020: -C$ 1.41 bil
Canada's merchandise exports fell by 4.7% in March to C$46.3 billion, reaching their lowest level since January 2018. United States
International Trade (FT900)
Mar. 2020: -$44.4 bil
The U.S. nominal trade deficit widened in March because of the global supply chain disruptions and shutdowns of U.S. nonessential businesses in the second half of the month. Peru
Consumer Price Index
Apr. 2020: 1.7%
The Lima CPI rose 1.7% in April on a year-ago basis, the first full-month reading since the imposition of a national quarantine in late March. United States
ISM Nonmanufacturing Index
Apr. 2020: 41.8
April marked the first month of contraction for the U.S. nonmanufacturing sector since December 2009. United States
Moody’s Analytics Policy Uncertainty Index
May 01: 206.4
The four-week moving average in our U.S. policy uncertainty index increased from a revised 198.1 to 206.4 in the week ended May 1. Uruguay
Consumer Price Index
Apr. 2020: 10.9%
Uruguayan inflation grew to 10.9% on an annual basis after an 8.4% reading in March. Colombia
Consumer Price Index
Apr. 2020:
Australia
Retail Sales
Mar. 2020:
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