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 |