Strongest decline in US activity since the 4th quarter 2008.
March was devastating for the US economy with a 6.7% drop in consumer spending. The measure of the decline in activity will increase in the second quarter. The breaks noted…
Philippe Waechter's blog
Historical decline in French GDP
French GDP would have declined by 6% in the first quarter according to the Banque de France. It is the first estimate of the 1st quarter of 2020 in developed…
Growth in the US, Germany and France, recession in Japan Coming this week (Feb.24 – March 1) With the coronavirus, the non V-shape scenario for the global economy- (What to keep in mind from last week)
GDP growth momentum in the US, Germany and France. Japanese industrial activity, IFO in Germany and Climat des Affaires in France.Coronavirus and Markit Surveys Highlights GDP estimates for the fourth…
Japan – The coming recession
Consumption expenditures dropped after the VAT rate hike last October. The GDP was down by -6.3% at annual rate in the last quarter of 2019. No recovery is expected in…
French GDP shrinking in the last quarter
Activity contracted during the last 3 months of 2019. Growth for 2020 promises to be more difficult.It will be less than 1% after 1.2% in 2019. French growth was negative…
France – Robust but unenthusiastic growth
GDP growth in France was 1% in Q3 versus 1.1% in the first quarter and 1.4% in the second (annual rate). The carry over for 2019 at then end of…
What to expect next week ? August 26 to September 1, 2019.
Highlights > GDP figures for the second quarter in the US (29), Germany (27), Italy (30) and France (29) will give details on the composition of growth in all these…
What to expect next week ? (July 15 – July 21, 2019)
Highlights > The Chinese GDP growth number for the second quarter (July 15). During the first three months of the year growth was at 6.4% It should be lower as…