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.

Friday, May 08, 2020

Today's Economy


A Recession Unlike Any Other

The sudden and severe drop in U.S. employment points toward a long road ahead.

Geopolitical Risk Calendar: COVID-19 May Have Peaked in Most of Europe

In the U.S., cases are rising exponentially.

Gut-Wrenching April Employment Report

The U.S. went from one of the best job markets ever to one of the worst.

COVID-19 Policy Tracker Update: Taking Stock

Policymakers face new challenges as their economies reopen.

» VIEW MORE TODAY'S ECONOMY



Commentary


Latin America Weekly Highlights and Preview, May 8, 2020

Activity in the region's largest economies is in steep decline.

Asia Macro Roundup: COVID-19 Weighs Heavily on March Trade

The scale of the global destruction caused by the pandemic is becoming evident.

U.S. COVID-19 Tracker Update: Devastating Blow to the Labor Market

Employment was crushed by COVID-19 and the recovery will take years.

The Regional Economic Impact of COVID-19 in Europe

We detail an index identifying countries and regions most exposed to economic risk in the coronavirus crisis.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Spain
Industrial Production
Mar. 2020: -11.9%
Spain’s industrial production plunged 11.9% in March.

Brazil
Consumer Price Index
Apr. 2020: 2.40%
Brazil’s inflation declined significantly in April as domestic demand weakened with the acceleration of the coronavirus crisis.

Chile
Consumer Price Index
Apr. 2020: 3.42%
Annual inflation in Chile declined in April as the economy lost steam because of the coronavirus outbreak.

Canada
Housing Starts
Apr. 2020: 171 ths
Residential construction in Canada declined for the third consecutive month in April.

Canada
Labor Force Survey
Apr. 2020: 13%
The Canadian labor market suffered its worst loss on record in April, losing a staggering 1,993,800 workers during the month.

Canada
Building Permits
Mar. 2020: -13.1%
The value of building permits issued in Canada dropped by 13.1% to C$7.4 billion in March.

United States
Employment Situation
Apr. 2020: -20,500,000
A tsunami hit the labor market in April.

Russian Federation
Consumer Price Index
Apr. 2020: 0.8%
Russian inflation is picking up steam.

United States
Wholesale Trade (MWTR)
Mar. 2020: -0.8%
Wholesale inventories fell by 0.8% in March, further than consensus expectations of a 0.6% decline.

Peru
Monetary Policy
May. 2020: 0.25%
Peru’s central bank kept the reference rate at the effective zero lower bound after cutting rates a cumulative 200 basis points since March.

» VIEW MORE ECONOMIC INDICATORS

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