| Today's Economy
Economic Roundup: Less U.S. Job Growth Now, More Later Delta variant keeps people from re-entering the labor force, but they will come back. Geopolitical Risk Calendar: Myanmar May Be Barred From ASEAN Summit Leaders have been disappointed about continued military violence in the country. Capital Market View: Labor Force Hasn't Awoken Delta variant continued to weigh on the job market in September, but better times are ahead. Canada Weekly: Assessing Canada's Carbon Tax The small tax has a minimal effect on both the economy and emissions. » VIEW MORE TODAY'S ECONOMY
Commentary
Latin America Weekly Highlights and Preview, October 8, 2021 Peru's central bank surprises with another rate hike while rising inflation continues to vex the region. China Goes for Record in Foreign Direct Investment Investors must weigh myriad risks, but the country is likely to exceed CNY1 trillion in FDI this year. U.S. Employment Report, Cont'd Soft hiring at schools weighed heavily on the September jobs number. U.S. COVID-19 Tracker Update: Delta Loosens Grip Job growth should be stronger in October as a number of high-frequency data we track have improved. » VIEW MORE COMMENTARY
Today's Economic Indicators
India
Monetary Policy
Oct. 2021: 4%
As expected, the Reserve Bank of India kept its monetary settings unchanged in its October meeting. Finland
Industrial Production
Aug. 2021: 1.4% m/m
Finland’s industrial production expanded by 1.4% m/m after a downwardly revised 0.3% increase in July. United States
California Manufacturing Survey
2021Q4:
Austria
Industrial Production
Aug. 2021: -0.6% m/m
Austrian industrial production contracted in August, held back by supply-side issues, though not to the extent seen in Germany. Chile
Consumer Price Index
Sep. 2021: 5.3% y/y
Chile’s inflation continues to climb, and is well above the upper limit in September, as prices realign. Brazil
Consumer Price Index
Sep. 2021: 10.25% y/y
Brazil’s inflation reached a double-digit rate as prices realigned and expectations bet for higher increases. Canada
Labor Force Survey
Sep. 2021: 6.9%
Strong job gains in September helped the labor market achieve a key threshold in its recovery with total employment reclaiming its pre-pandemic high. United States
Employment Situation
Sep. 2021: 194,000 m/m
Payroll employment disappointed again in September, rising by just 194,000 against expectations for a nearly 500,000-job gain. United States
Moody’s Analytics & CNN Business Back-to-Normal Index
October 06: 94.1
The Moody’s Analytics & CNN Business Back-to-Normal Index took a healthy step up this week, from a revised 93.7 to 94.1. Netherlands
Industrial Production
Aug. 2021: 9.8% y/y
Average daily production growth in the Netherlands slowed in August. Peru
Monetary Policy
Oct. 2021: 1.5%
The Central Reserve Bank of Peru moved faster than expected in its October meeting, raising the policy rate by another 50 basis points to 1.5%. United States
Wholesale Trade (MWTR)
Aug. 2021: 1.2% m/m
Wholesale inventories grew 1.2% in August, in line with consensus expectations. » VIEW MORE ECONOMIC INDICATORS | 