| Today's Economy
Economic Roundup: Near-Term Struggles, but Reason for Optimism Growth will accelerate next year. LatAm Daily Briefing: Brazil's Jobs Recovery Is Full Steam Ahead October formal sector employment figures logged the largest monthly gain in almost three decades. Europe Daily Briefing: Inflation Still Weak Demand across the euro zone will stay weak into next year. Asia-Pacific Daily Briefing: Japan's Industrial Output Is Holding Up India's GDP contracted in the third quarter. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Road to Recovery: Harsh Winter for the Economy Pent-up demand and inventory rebuilding should ensure that real GDP fully recovers what it lost in the pandemic by the third quarter of 2021. U.S. Weekly Highlights and Preview, November 30, 2020 Key data include the latest employment report, vehicle sales, ISM surveys, jobless claims and international trade. This Week in the COVID-19 Crisis There's room for optimism in considering how the economy will perform in the wake of the pandemic. Europe Weekly Highlights and Preview: 27 November, 2020 October will be an economic transition month. » VIEW MORE COMMENTARY
Today's Economic Indicators
Thailand
Foreign Trade
Oct. 2020: US$3.2 bil
Thailand’s trade surplus dipped slightly to US$3.17 billion in October, from a US$3.2 billion surplus in September. Chile
Manufacturing Production
Oct. 2020: 6.20%
Chile’s industry advanced in October as the economy reopened. Chile
Retail & Wholesale Sales
Oct. 2020: 15.4%
Chile’s retail and wholesale sales shot up during October, rising 15.4% year on year and beating our and the consensus forecasts for the third month in a row. Canada
Balance of International Payments
2020Q3: -C$7.5 bil
The current account deficit expanded in the third quarter, as global trade resumed after collapsing because of the pandemic. Canada
Industrial Product and Raw Materials Price Indexes
Oct. 2020: -0.4%
Producer prices declined for the second consecutive month in October after five straight months of gains. Canada
Building Permits
Oct. 2020: -14.6%
The pace of building permits eased back as intentions for new nonresidential structures weakened in October. South Korea
Foreign Trade
Nov. 2020:
World
Moody's Analytics Survey of Business Confidence
November 27: -7.1
Global businesses have taken some solace from the recent positive news on the development of effective vaccines for COVID-19. United States
Pending Home Sales
Oct. 2020: 128.9
The National Association of Realtors pending home sales index dipped 1.1% to 128.9 in October, extending a decline that started two months ago, though it is still hovering near its record high. United States
Risk of Recession
Sep. 2020: 31%
The probability of the U.S. being in recession in the next six months fell from 37% in August to 31% in September. United States
Texas Manufacturing Outlook Survey
Nov. 2020: 12.0
Texas current factory activity continues to grow, but it decelerated in November. United States
Monthly GDP
Oct. 2020: -0.1%
The U.S. economy got off to a slow start in October and the next couple of months could be more difficult because of the surge in COVID-19 cases. United States
Agricultural Prices
Oct. 2020: -0.2%
The Agricultural Prices Received Index fell 0.2% from September to October because of a retreat in the crop production index. Japan
Employment Situation
Oct. 2020:
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