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Economic Growth

What appears to be modestly firming economic activity in a U.S. economy will have the challenge of adjusting to higher market interest rates while confronting a difficult long-term unemployment picture. The recovery in the Eurozone is good news from the vantage point of diminished global risk from...
Economists may not agree among themselves about the “right” policies to pursue and they miss their forecasts, but they also generate lots of useful ideas. All three of these trends were in evidence at the annual conference of the American Economic Association in Philadelphia that I attended...
Senior Economist Don Norman reviews the most recent manufacturing data, noting that the evidence points to growing momentum as we head into 2014. If, as expected, global economic growth continues to improve, and if the government can provide a bit more predictability in policies related to...
It is increasingly likely that the Eurozone will face a weak recovery and possible stagnation in the years ahead. Economic growth in the region slowed to 0.1 percent in the third quarter compared to the second quarter, a substantial deceleration from the 0.3 percent growth rate from the first to...
Third quarter GDP numbers show that the aggregate economy of the European Union barely moved. EU-wide GDP rose 0.2 on the previous quarter while the Eurozone economy expanded 0.1 percent in the same period. This should come as no surprise if we look at sources of growth earlier this year. In the...
On September 8, Mexican President Enrique Peña Nieto sent his fiscal reform proposal to the nation’s Congress, which has until November 15 to discuss the bill. This tax reform bill is part of a broader reform agenda that includes the telecommunications, financial, and energy sectors. The overall...
  MAPI Business Outlook Composite Index Rises From 58 to 66; Most Individual Indexes Show Marked Improvement Senior Financial Executives Surveyed on Low Interest Rates and Tapering This MAPI Business Outlook reflects the views of 51 senior financial executives in member companies on current and...
A new study TTIP and the Fifty States (by the Bertelsmann Foundation and the Atlantic Council) documents some palpable benefits that state economies could book once a moderately ambitious scope of the treaty takes effect. Let’s recap: the Transatlantic Trade and Investment Partnership (TTIP) is a...
July’s industrial production fell 1 percentage point in the EU compared to the month before and was down twice that compared to the previous year. Manufacturing output will probably decline about half a percent this year in the Eurozone before climbing about a percentage point in 2014. Weakness was...
U.S. Industrial Outlook After a Spring Lull, a Midsummer Rebound Expected Summary of Findings and Forecasts Every three months, the Manufacturers Alliance for Productivity and Innovation (MAPI) provides a detailed look at the health of the domestic manufacturing sector and reviews the performance...

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