Today's Economy Economic Roundup: All Eyes on U.S. Employment Growth ADP National Employment Report bests expectations, adding 568,000 jobs in September. Recovery Keeps Rolling in Senegal GDP data show that growth accelerated in the second quarter. LatAm Daily Briefing: Normalization Takes Place in Uruguay The central bank responds to recent inflation variations with a rate hike. Europe Daily Briefing: Retail Gains Slightly in August Euro zone retail sales inched up after the previous month's decline. » VIEW MORE TODAY'S ECONOMY
Commentary The Macroeconomic Benefits of Racial Integration It adds up to real money that could substantially improve the long-term financial success of all Americans. U.S. Inflation Tracker: Signs of Calming Consumer prices may remain volatile in the first half of 2022. Global Vaccine Tracker: Delta Easing In Asia, the current wave of coronavirus is ebbing, but a rapid response to ease restrictions could set up the region for another virus variant. U.S. Chartbook: A September to Remember Congress averted a government shutdown, but action on the debt-limit and the fate of Build Back Better agenda are in flux. » VIEW MORE COMMENTARY
Today's Economic Indicators
Spain Industrial Production Aug. 2021: -0.3% m/m Spain’s industrial production contracted by 0.3% m/m in August, the third consecutive negative reading since June. Austria Retail Sales Aug. 2021: 0.8% y/y Austrian retail sales returned to growth of 0.8% y/y after contracting by 2% in July. Sweden Industrial Production Aug. 2021: -1.5% m/m Sweden's industrial production pulled back by 1.5% m/m this August, following a 0.3% increase in July. Euro Zone Retail Sales Aug. 2021: 0.3% m/m Retail sales excluding motor vehicles rose by 0.3% in August after a downwardly revised drop of 2.6% m/m in July. United States MBA Mortgage Applications Survey October 01: -6.9% Mortgage applications tumbled 6.9% in the week of October 1, leaving the index at its lowest reading since early July. Brazil Retail Sales Index Aug. 2021: -4.2% y/y Surprisingly, sales in Brazil's retail stores reported a contraction in August, as consumer decisions were affected by constraints on mobility because of the persistent pandemic. United States ADP National Employment Report Sep. 2021: 568,000 m/m, ths The labor market recovery is holding up in the face of challenges. United States CreditForecast.com Household Credit Report Sep. 2021: 6.87% y/y The consumer market continued its strong growth trajectory in September. United States Moody's Analytics Inflation Expectations Pulse October 03: 2.49% The Moody’s Analytics Inflation Expectations Pulse held steady in the week ended October 3. Australia Datium Insights - Moody’s Analytics Used Vehicle Price Index Sep. 2021: 11.0% y/y Australian used-vehicle price appreciation decelerated further in September. United States Oil Inventories October 01: 420.9 mil barrels A larger-than-expected rise in crude oil inventories will put downward pressure on oil prices. Russian Federation Consumer Price Index Sep. 2021: 7.4% y/y Russia's annual inflation rate accelerated in September, reaching a whopping 7.4% y/y after increasing by 6.7% previously. » VIEW MORE ECONOMIC INDICATORS |