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Philippe Waechter's blog

DIRECTOR OF ECONOMIC RESEARCH, OSTRUM AM

A dynamic and cyclical approach to the global economy

  • 31 views

The Euro Area creates more jobs than in the US. Is it efficient ? What about France and its specific labor market ?

  • 19 August 2022
  • Euro Area

Philippe Waechter

Employment is growing in the Eurozone and activity is growing rapidly despite the crisis in Ukraine. However, the room for manœuvre in the management of the economy is limited. Very…

READ
  • Employment
  • GDP
  • Labor Market
  • Productivity
  • Vacancy rates
  • 98 views

The US economy erases the crisis

  • 27 January 2022
  • United States

Philippe Waechter

US GDP is up 1.7% in Q4 (6.9% annualized). GDP growth is 5.5% YoY in Q4 and 5.7% on average for 2021. The carryover growth for 2022 is 1.9%. GDP…

READ
  • GDP
  • Growth
  • 343 views

What to expect this week? November 11 to 17, 2019

  • 8 November 2019
  • International

Philippe Waechter

Highlights GDP growth for the third quarter in Germany (Nov.14) and the ZEW survey for November (Nov.12)The industrial contraction during the third quarter and the fragility seen on the services…

READ
  • EuroArea
  • GDP
  • Germany
  • Japan
  • Retail Sales
  • United Kingdom
  • USA
  • 321 views

Eurozone growth painfully above 1%

  • 31 October 2019
  • Euro Area

Philippe Waechter

GDP growth in the Euro zone is 1.2% (annualized rate) since the last quarter of 2017.The figure of 0.2% (0.75% annualized rate) for the third quarter of 2019 does not…

READ
  • GDP
  • Growth
  • 360 views

French growth fails to accelerate in the first quarter despite measures on purchasing power

  • 30 April 2019
  • France

Philippe Waechter

French GDP growth decelerated slightly in the first quarter of 2019 even though the rounded figure stands at 0.3% (non-annualized) as in the previous two quarters. Despite the stimulus measures…

READ
  • Business Cycle
  • GDP
  • GDP Growth
  • 342 views

The French GDP will accelerate in Q1

  • 29 April 2019
  • France

Philippe Waechter

The French GDP for the first quarter of 2019 will be published Tuesday morning at 0730. After a figure of 0.3% (non annualized figures according to the French tradition) over…

READ
  • Business Cycle
  • GDP
  • GDP Growth
  • 419 views

French growth's low momentum

  • 30 January 2019
  • France

Philippe Waechter

The French GDP growth was 1.1% (at annual rate) during the fourth quarter of last year. The same number than during the third quarter. Social unrest has had no impact…

READ
  • GDP
  • 636 views

The cost of the Brexit for the UK

  • 30 April 2018
  • United Kingdom

Philippe Waechter

After the referendum on June. 23, 2016, the British economy has followed a lower profile. This comes from changes in expectations: uncertainty about Brexit rules has created a wait and…

READ
  • Brexit
  • GDP
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