| Today's Economy
Economic Roundup: Sell ’Em If You Got ’Em Lean U.S. housing inventories are driving prices higher, something that will likely continue. LatAm Daily Briefing: Pandemic Worsens The latest resurgence has been particularly worrisome in Brazil, Chile and Peru. Europe Daily Briefing: Euro Zone Confidence Buoyed by Vaccines Vaccines help economic sentiment recover in the euro zone. Too Little Too Late for Spain? The government's relief packages may not be enough to salvage businesses and employment. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S.COVID-19 Tracker Update: Economy Bounces Back in March March data should be strong thanks to weather-related payback and vaccination progress. Global Vaccine Tracker Update: Can't Come Soon Enough We are still expecting that a majority of the population in the EU won’t be vaccinated until the autumn. U.S. Chartbook: Temporary Headwinds Winter weather was a drag on several datapoints last week, but spring promises stronger growth. U.S. Weekly Highlights and Preview, March 29, 2021 For March, the unemployment rate likely fell from 6.2% to 6%. » VIEW MORE COMMENTARY
Today's Economic Indicators
Finland
Unemployment rate
Feb. 2021: 8.1%
Finland’s unemployment rate fell to 8.1% in February from 8.7% in January. Norway
Retail Sales
Feb. 2021: -0.4% m/m
Norway's seasonally adjusted retail sales, excluding motor vehicles and auto fuels, slid by 0.4% m/m in February after a 0.1% increase in January. Spain
Retail Sales
Feb. 2021: 4.2% m/m
Spain’s retail sales rose by 4.2% m/m in seasonally adjusted terms in February. Euro Zone
Business and Consumer Sentiment
Mar. 2021: 101.0
The euro zone’s economic sentiment indicator jumped to a reading of 101 in March from 93.4 in February. Portugal
Industrial Production
Feb. 2021: -2.4%
Portuguese industrial production is showing signs of improvement, contracting by only 2.4% y/y in February after shrinking by 6.2% in January. Portugal
Retail Sales
Feb. 2021: -14.5%
The decline in Portuguese retail sales worsened to 14.5% y/y in February, exceeding January’s 10.9% drop. Canada
Earnings, Hours and Employment
Jan. 2021: 8.3%
Payroll employment contracted by 0.8% in January, representing a 134,500 downward level term shift. United States
S&P CoreLogic Case-Shiller® Home Price Indexes
Jan. 2021: 11.1% y/y
House price appreciation accelerated in January, as measured by the S&P CoreLogic Case-Shiller 20-City Composite Index. United States
FHFA Purchase-Only House Price Index
Jan. 2021: 12.0% y/y
The Federal Housing Finance Agency Purchase-Only House Price Index increased 12% on a year-ago basis in January. United States
Conference Board Consumer Confidence
Mar. 2021: 109.7
U.S. consumer confidence surged in March and it should continue to improve over the next several months, supported by the emergence of herd immunity, accumulated personal savings, and fiscal stimulus. United States
Moody’s Analytics Policy Uncertainty Index
March 26: 372.3
The four-week moving average in our U.S. policy uncertainty index slipped from 373 to 372.3 in the week ended March 26. United States
Texas Service Sector Outlook Survey
Mar. 2021: 21.6
Texas service industries rebounded sharply in March. Both current nonretail and current retail indicators showed large jumps in revenues. United States
Monthly GDP
Feb. 2021: -0.9% m/m
Mother nature weighed on the U.S. economy in February, but a good portion of the lost output should be recouped in March. Russian Federation
Unemployment
Feb. 2021:
Singapore
GDP - Advanced
2021Q1:
Argentina
Economic Activity Indicator
Jan. 2021: -2% y/y
The statistics office’s monthly economic activity index dropped 2% y/y in January after falling 2.2% y/y in the previous month. Chile
Monetary Policy
Mar. 2021:
South Korea
Industrial Production
Feb. 2021:
South Korea
Retail Sales
Feb. 2021:
Japan
Industrial Production
Feb. 2021:
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