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Philippe Waechter's blog

DIRECTOR OF ECONOMIC RESEARCH, OSTRUM AM

A dynamic and cyclical approach to the global economy

  • 272 views

US GDP has been revised down for the first quarter

  • 29 May 2014
  • Growth

Philippe Waechter

The U.S. GDP growth for the first quarter was revised down sharply. In the first estimate, GDP growth was 0.1 % annualized rate. This figure dropped to -1% with the…

READ
  • GDP
  • Internal Demand
  • 246 views

3 Charts to Characterise the German Labor Market

  • 28 May 2014
  • Germany

Philippe Waechter

Employment continues to rise in Germany in April. However, the pace could  change in coming months, particularly with regard to the IFO survey and its correlation with the job annual…

READ
  • Business Cycle
  • Employment
  • PMI Surveys
  • 335 views

In France, the rebound for household and business is long to come

  • 27 May 2014
  • Actus & Chroniques

Philippe Waechter

Consumer confidence released this Tuesday, May 27 is stable at 85 which is 15 points below its historical average of 100 (by construction). For several years now (summer 2008) the…

READ
  • INSEE
  • 555 views

France and Germany : running at different speeds

  • 22 May 2014
  • Euro Area

Philippe Waechter

Are the dynamics of the French economy really very different from Germany? Recent history has proven that this is the case. Since the low point of the recession in 2009,…

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  • ECB
  • External Trade
  • France
  • GDP
  • Germany
  • Internal Demand
  • Italy
  • 256 views

ECB Survey on Lending – Good News from Companies

  • 1 May 2014
  • Euro Area

Philippe Waechter

The quarterly survey of the ECB to banks is very rich. It shows the evolution of credit conditions with respect to businesses and households, the reasons for the observed changes,…

READ
  • Business Cycle
  • ECB
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