Today's Economy LatAm Daily Briefing: The Virus and the Damage Done Remittance flows will drop by a magnitude similar to that in the 2008-2009 crisis. Increased U.S. Unemployment Benefits Unlikely to Create a Disincentive to Work The extra money won't replace all the lost income, and the benefit is for only four months. Webinar Replay: COVID-19 Economic Scenarios We update our global forecast in light of the latest developments on the coronavirus crisis. Europe Daily Briefing: It Will Get Worse, Much Worse U.K. GDP will take a softer hit than the euro zone in Q1, but Q2 will hammer all of Europe. » VIEW MORE TODAY'S ECONOMY
Commentary Forecaster's Mailbag: Australia's Rude Awakening The country's sanguine economic track record has been knocked off course. U.S. Weekly Highlights and Preview, March 30, 2020 We expect data for March to show significant weakness across the board because of COVID-19. Calibrating Euro Zone GDP Growth for the Coronavirus Pandemic The economic shocks from COVID-19 are unique in their nature in postwar economic history. A Stimulus to Remember After a month of measures, U.S. policymakers will have to flex their muscle further still. » VIEW MORE COMMENTARY
Today's Economic Indicators
Spain Retail Sales Feb. 2020: 0.3% Spain’s retail sales growth continued its upward trend in February, rising 0.3% in seasonally adjusted terms. Euro Zone Business and Consumer Sentiment Mar. 2020: 94.5 The euro zone's business and consumer sentiment plummeted to 94.5 in March, an 8.9-point decline from February, as the COVID-19 outbreak ripped through the euro zone economy. United States Moody's Analytics Used Vehicle Price Indexes Feb. 2020: 3.4% U.S. used-vehicle prices were up 3.4% on a year-over-year basis in February, marking the third consecutive month of price appreciation. World Moody's Analytics Survey of Business Confidence March 27: -7.6 COVID-19 is hammering global business confidence. United States Pending Home Sales Feb. 2020: 111.5 The NAR pending home sales index rose 2.4% to 111.5 in February, hitting its highest level since early 2017. United States Texas Manufacturing Outlook Survey Mar. 2020: -70.0 The Texas factory outlook dropped dramatically in March, to its lowest point since the Great Recession, because of the lockdown in the economy required to fight COVID-19. Argentina Economic Activity Indicator Jan. 2020: -1.8% The statistics office’s monthly economic activity index dropped 1.8% y/y in January after falling 0.2% in the previous month. South Korea Retail Sales Feb. 2020: Japan Employment Situation Feb. 2020: Japan Industrial Production Feb. 2020: Japan Retail Sales Feb. 2020: China Manufacturing PMI Mar. 2020: » VIEW MORE ECONOMIC INDICATORS |