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.

Tuesday, April 28, 2020

Today's Economy


Economic Roundup: Final Thoughts Ahead of Q1 U.S. GDP

It will be bad but nothing compared with what's ahead.

LatAm Daily Briefing: Countries Ready to Reopen the Economy

Colombia, Chile, Ecuador, Peru and Argentina have started to relax lockdown conditions.

Europe Daily Briefing: Government Job Schemes Save the Day

Spain's unemployment figures may be higher than the latest reading suggests.

Jump-Starting Auto Manufacturing

The road ahead will be bumpy for U.S. car plants.

» VIEW MORE TODAY'S ECONOMY



Commentary


The Next Recovery: A Regional Perspective

An educated U.S. workforce and low population density may be the recipe for success.

Latest PPP Funding Will Fall Short

U.S. businesses have a second chance at the forgivable loans, but is there enough to go around?

The ECB's Ballooning Balance Sheet

The central bank's asset purchase program will continue at full force in 2020.

COVID-19 Age-Related Fatality and Mortgage Defaults in the U.K.

Age is viewed as discriminatory in the mortgage application process, but it impacts default rates even in normal times.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Spain
Unemployment
2020Q1: 14.4%
Spain’s unemployment rate reversed trend and increased 0.6 percentage point to 14.4% in the first quarter of 2020.

Mexico
Trade Balance
Mar. 2020: US$3,392 mil
The trade balance remained in positive territory in March, despite the fall in external demand.

United States
Advance Wholesale and Retail Inventories
Mar. 2020: -1.0%
Wholesale inventories fell in March, down 1.0% from February and by 2% from March 2019.

United States
International Trade in Goods - Advanced
Mar. 2020: -$64.2 bil
The advance estimates show the nominal goods deficit widened from $59.9 billion in February to $64.2 billion in March, close to our expectation for a deficit of $63 billion but wider than the consensus of $55 billion.

Peru
Consumer Price Index
Mar. 2020: 1.8%
Inflation in the Lima metropolitan area rose 1.8% in March on a year-ago basis, 0.1 percentage point less than the annual inflation rate in February.

United States
S&P CoreLogic Case-Shiller® Home Price Indexes
Feb. 2020: 3.5%
House price appreciation accelerated in February, as measured by the S&P CoreLogic Case-Shiller 20-City Composite Index.

Australia
Moody's Analytics Used Vehicle Price Indexes
Mar. 2020: 3.3%
Australia's used-vehicle prices rose 3.3% on a year-over-year basis in March, the slowest rate of growth since July.

United States
Housing Vacancies & Homeownership
2020Q1: 65.3%
The homeownership rate ticked up to 65.3% in the first quarter of 2020, more than a full percentage point above its year-ago level of 64.2%.

United States
Richmond Fed Manufacturing Survey
Apr. 2020: -53
The COVID-19 pandemic is devastating factories in the Richmond Federal Reserve district, and the Fifth District Manufacturing Index plummeted 55 points to -53 in April.

United States
Conference Board Consumer Confidence
Apr. 2020: 86.9
U.S. consumer confidence posted its largest monthly decline on record in April, according to the Conference Board.

United States
Texas Service Sector Outlook Survey
Apr. 2020: -65.4
Current measures of Texas services industries continued to decline in April, but the contraction in revenue did not accelerate.

United States
Moody’s Analytics Policy Uncertainty Index
April 24: 198.1
The four-week moving average in our U.S. policy uncertainty index increased from a revised 186.2 to 198.1 in the week ended April 24.

Argentina
Economic Activity Indicator
Feb. 2020: -2.2%
The statistics office’s monthly economic activity index dropped 2.2% y/y in February, after falling 1.8% in the previous month.

South Korea
Retail Sales
Mar. 2020:

Australia
Consumer Price Index
2020Q1:

» VIEW MORE ECONOMIC INDICATORS

NOT A SUBSCRIBER?

Enjoy real-time coverage of the world's economies.

» Tour Economy.com

FREE 14-DAY TRIAL

SURVEY OF BUSINESS CONFIDENCE


Be A Part Of The Results

Help shape the outcome of the Survey of Business Confidence and gain exclusive insight to shifts in global business confidence.

» Learn More

TAKE THE SURVEY

Contact Us

Visit us online, email help@economy.com, or use one of the numbers below:


Americas
+1.866.275.3266


Europe
+44.20.7772.5454


Asia/Pacific
+852.3551.3077


All Others
+1.610.235.5299



For information on how Moody's Analytics processes and protects personal data, please see the Privacy Policy available at www.moodys.com.

You are receiving this email as a subscriber to Economy.com.
If you wish to unsubscribe from the Economic Roundup, please click here.


This email was sent by Moody's Analytics
121 North Walnut Street, Suite 500s
United States

-----------------------------------------
Moody's monitors email communications through its networks for regulatory compliance purposes and to protect its customers, employees and business and where allowed to do so by applicable law. The information contained in this e-mail message, and any attachment thereto, is confidential and may not be disclosed without our express permission. If you are not the intended recipient or an employee or agent responsible for delivering this message to the intended recipient, you are hereby notified that you have received this message in error and that any review, dissemination, distribution or copying of this message, or any attachment thereto, in whole or in part, is strictly prohibited. If you have received this message in error, please immediately notify us by telephone, fax or e-mail and delete the message and all of its attachments. Every effort is made to keep our network free from viruses. You should, however, review this e-mail message, as well as any attachment thereto, for viruses. We take no responsibility and have no liability for any computer virus which may be transferred via this e-mail message.
-----------------------------------------

g:B3B20B46EA944AFE87D75A576AB59012 d:BB7F401FCF2243C5AD81C059FC43695A