In January 2021, several key economic indicators showed signs of recovery from the impacts of the Covid-19 pandemic: - Industrial production in Spain decreased 9.1% in 2020 but some sectors showed less contraction. - Over 1.3 million credit moratoriums were granted in Spain for over €54.1 billion in mortgages, consumer loans, and sector credits. - Consumer confidence in Spain declined slightly but remained at low levels similar to 2012-2013. - Germany's trade balance stabilized with a small increase in exports and decrease in imports. - In the US, 49,000 jobs were added in January, though mainly in the public sector, with unemployment falling to 6.3%.