Winter 2018 interim economic forecasts: solid and sustainable expansion Eurozone and EU growth rates exceeded expectations last year as the transition from economic recovery to expansion continues. Both the eurozone and EU economies are estimated to have grown by 2.4% in 2017, the fastest pace in a decade. This strongRead More →

Trading conditions over the past three months have “darkened considerably” and the risk of a global economic recession is rising, according to the head of the International Monetary Fund. “It will be a tough 22, but maybe even a tougher 2023,” IMF Managing Director Kristalina Georgieva told Reuters on Wednesday.Read More →

The economic problems currently facing Pakistan are similar to those faced by the PTI. In 2019, with low foreign exchange reserves and high deficits, the PTI government failed to sustain the 6% growth left by the previous PML-N regime. At the time, the outgoing government criticized the PTI for havingRead More →

SHANGHAI: The World Bank has revised its economic forecast for China to 4.3% this year, from a higher expectation of 5.1% in December, amid the Covid-19 outbreaks and changes in the global environment , according to a report released yesterday. This downward revision came as the biggest wave of Covid-19Read More →

June 08, 2022 Quarterly eeconomic growth should stop this year before diving briefly negative territory as global events continue to weigh heavily on Great Britain economy. UK Economic Outlook – 2022 UK Chambers of Commerce have lowered their expectations for UK GDP growth for 2022 at 3.5% (from 3.6%) againstRead More →

According Chief Economist of Aktia Lasse Corin, the coronavirus pandemic has been a deep and short-lived shock to the economy, while Russia’s attack on Ukraine will cause a less profound but protracted period of uncertainty. He predicts very moderate economic growth for next year. In the economic forecastRead More →

Aktia Bank PlcPress releaseJune 2, 2022 at 8:00 a.m. from Aktia economic forecast: the period of strong growth is behind us According from Aktia Chief Economist Lasse Corin, the coronavirus pandemic has been a deep and brief shock to the economy, while Russia’s attack on Ukraine will cause a lessRead More →

The big bank said a change in government does not currently require changing its economic forecast or interest rate expectations. Commonwealth Bank (CBA) economists have announced that there will be no immediate change in the bank’s outlook following Labor’s election victory. Although Westpac economists suggest the RBA could raise theRead More →

The German government expects the country’s economy, Europe’s largest, to grow just 2.2% this year, with Russia’s war in Ukraine weighing on the outlook. BERLIN– The German government forecast on Wednesday that the country’s economy, Europe’s largest, will grow just 2.2% this year, with Russia’s war in Ukraine weighing onRead More →

Datuk Seri Abdul Farid Alias ​​(Photo by Shahrin Yahya/The Edge) –A +A KUALA LUMPUR (April 14): Malayan Banking Bhd (Maybank) Group Chairman and Chief Executive Datuk Seri Abdul Farid Alias ​​said on Thursday (April 14, 2022) that while Maybank’s economic forecast for Malaysia took into account the impact of theRead More →

The Democrats’ longtime favorite economist, Mark Zandi of Moody’s Analytics, released several reports last year that policymakers have used to bolster calls for repeated rounds of trillion-dollar legislation. Those reports touted President Joe Biden’s “good economic policy” and downplayed inflation fears stemming from that costly legislation as “overblown.” What aRead More →

On Tuesday, April 5, local business owners, residents and city officials gathered in the Brubeck Room at the Wilton Library for our annual economic forecast meeting. This year’s event was led by Peter Denious, CEO and President of AdvanceCT, a private, not-for-profit economic development corporation, which drives job creation andRead More →

Thailand’s major business group on Tuesday cut its economic growth forecast for this year to 2.5%-4.0% from a previous forecast of 2.5%-4.5% due to the impact of the Russian-Ukrainian war on global growth and energy prices. The inflation forecast has been raised to 3.5%-5.5% this year from a previous projectionRead More →

The Ministry of Finance will adjust Thailand’s economic growth forecast for 2022 to focus on rising inflation and energy prices, starting next month. According to an unnamed Bangkok Post source, the ministry is concerned about the impact Russia’s invasion of Ukraine will have on overseas arrivals this year. Earlier thisRead More →

The Wilton Library, in association with the Wilton Chamber of Commerce, proudly presents a 2022 Economic Forecast Meeting on Tuesday, April 5 (in-person) from 5:30-6:30 p.m. in the Brubeck Room. The meeting will be led by Peter Denious, President and CEO of AdvanceCT, a private, not-for-profit economic development corporation, whichRead More →

Last year, economists were talking about the Great Recovery. This year, innovation was the buzzword that fueled the conversation at the Chamber Alliance of Macomb County’s economic forecast on Friday at the Palazzo Grande in Shelby Township. “We bounced back,” said Vicky Rowsinski, director of Macomb County Planning and EconomicRead More →

This week’s episode of Addressing Alaskans features the Anchorage Economic Development Corporation’s 2022 Economic Forecast Luncheon. AEDC President and CEO Bill Popp provides an update on how the Anchorage economy has evolved over the past year and presents the results of the jobs, housing and business reports . SPEAKERS: BillRead More →

Annual Chamber of Commerce Economic Forecast Meeting with featured expert Peter Denious. the Wilton Chamber of Commerce in collaboration with the Wilton Library Associationwill hold its “2022 Economic Foresight Meeting” in person this year, at the Brubeck Room of the Wilton Library on Tuesday, April 5 from 5:30-6:30 p.m. ThisRead More →

The University of Hawaii’s Economic Research Organization is optimistic about the state’s economic recovery from the COVID-19 pandemic, with improving labor market conditions and the expected return of international visitors. (Photo courtesy of University of Hawaii) A University of Hawaii organization is optimistic about the state’s economic recovery from theRead More →

Members of the Birmingham Bloomfield Chamber of Commerce gathered for the annual Economic Forecast Breakfast on February 16. Advertising BLOOMFIELD HILLS — Given all the strain on businesses from the pandemic, Americas Commercial Transportation Research Co. chief economist Paul Traub said the economy is still performing fairly well. “American workersRead More →

BINGHAMTON, NY – The Chamber of Greater Binghamton hosted its annual Broome County Economic Forecasting and Building Awards earlier this week. CEOs and business leaders were on hand to discuss and learn how local economic growth is going, especially post-pandemic. M&T Bank Group Vice President Peter Kneis was the keynoteRead More →

The 2022 Franchise Economic Outlook shows that franchising is leading the economic recovery in the United States. Tweet that “At all levels, local franchise businesses provide opportunities for economic and professional advancement,” said the IFA President and CEO. Matthew Haller. “For aspiring entrepreneurs, franchising removes barriers so they can moreRead More →

Higher wages for workers and more income for businesses lead to higher state tax revenues, creating the prospect of even bigger government spending and then appropriations in two years for those who pay income taxes, state economists announced on Wednesday. Economists have described a robust Oregon economy that they sayRead More →

The Greater Los Angeles industrial market has undoubtedly seen a remarkable change over the past year. Strong fundamentals, including occupancy gains and construction activity, reached astronomical highs, and many Southwest regional markets posted historically low vacancy rates. As a result, Los Angeles remains one of seven markets with robust absorptionRead More →

(The Center Square) – Pennsylvania’s Independent Fiscal Office (IFO) released an updated economic forecast for fiscal year 2021-22 that shows higher-than-expected revenues, driven by stronger wages and inflation . The IFO’s mid-year update for fiscal year 2021-22 showed that general fund revenue was adjusted upward from nearly $42 billion toRead More →

Douglas G. DuncanSenior Vice President and Chief EconomistFannie Mae Douglas G. Duncan is Senior Vice President and Chief Economist at Fannie Mae, where he is responsible for forecasting and analysis of the economy and the real estate and mortgage markets. Duncan also oversees strategic research regarding the potential impact ofRead More →

Despite the government’s assertion that the country’s economy will grow by at least 6% in the current fiscal year, the World Bank’s latest Global Economic Prospects report predicts that Nepal’s economy will only grow than 3.9%. The World Bank established its forecasts on the basis of two major criteria: “betterRead More →

Douglas G. DuncanSenior Vice President and Chief EconomistFannie Mae Douglas G. Duncan is Senior Vice President and Chief Economist at Fannie Mae, where he is responsible for forecasting and analysis of the economy and the real estate and mortgage markets. Duncan also oversees strategic research regarding the potential impact ofRead More →

WASHINGTON, DC – A new national report outlines the potential path for economic recovery this year as the pandemic continues for a third year. The group of economists and scientists say the recovery will be driven by several recent trends, including supply chain disruptions, increased household savings and growth inRead More →

WASHINGTON — A new national report outlines the potential path for economic recovery this year as the pandemic continues for a third year. The group of economists and scientists says the recovery will be driven by several recent trends, including supply chain disruptions, rising household savings and growth in onlineRead More →

Dubow’s worries are an allegory of cross-currents lashing an economy in recovery, but still disrupted by COVID, haunted by labor unrest, supply chain bottlenecks and consumers pessimistic but spendthrift. Inflation is at a four-decade high, workers are quitting in record numbers, and COVID introduces another wild card: the omicron variant.Read More →

Scenarios Baseline (60%): Growth resumes in late 2021 and early 2022 as the impact of COVID-19 eases. Households continue to increase their spending to meet pent-up demand for services such as entertainment and travel. However, spending on durable goods is stagnating as consumers revert to pre-pandemic models. Business investment continuesRead More →

The reasons for the rapid recovery revolve around three factors, said Dupont. These factors are the resilience of employers and workers and the ability to reorganize work; rapid delivery and generally good uptake of vaccines for advanced economies in particular, with eight billion doses already administered worldwide; and the responseRead More →

Greater San Marcos Partnership Chairman Jason Giulietti told a crowd gathered for the 2021 Texas Innovation Corridor Economic Outlook that the Hays and Caldwell County region is enjoying unprecedented success. Giulietti highlighted the region’s rapid growth, citing Hays County as the fastest growing county in the country, along with anRead More →

It took 19 months, but employment at companies in the Jacksonville area finally returned to pre-pandemic levels in September. While COVID-19 remains a threat to the economy, the outlook for 2022 is brighter for Northeast Florida. “Jacksonville’s recovery is on the fast track,” said Abbey Omodunbi, senior economist at PNCRead More →

Economic activity in Colorado has rebounded to its pre-pandemic peak in September 2021 and the economy is expected to continue to expand, according to a new quarterly report released by the restored Colorado Futures Center of the Colorado State University System. The new forecast, called ColoradoCast, is a short-term (six-month)Read More →

SYDNEY: Australia will update its economic forecast for next year during the mid-year budget update, Treasurer Josh Frydenberg said. “The market is coming back strongly,” Frydenberg said on the national broadcaster’s “Insiders” program. “This is because we now have one of the highest vaccination rates in the world, one ofRead More →

SALISBURY, Md- Business executives and government officials met at Salisbury University’s Purdue School of Business on Friday for the South Delmarva 2022 economic forecast, expressing cautious optimism and highlighting the growth driven by investments. Speakers at the conference spoke of the region’s top 3 challenges, affordable child care, the expansionRead More →

Spokane County has mostly recovered from job losses from the pandemic, but future job growth will depend on a continued influx of new residents, according to a local economist. Non-farm employment in the metropolitan statistical area of ​​Spokane – which includes Pend Oreille and Stevens counties – was 252,800 inRead More →

From a demand perspective, the US economy has fully recovered from the pandemic recession. And production, although not yet there, will return to its long-term trend in the near future. That, according to a new forecast published yesterday in the 12th Annual Inland Empire Economic Forecasting Conference, hosted by UCRead More →

(Credit: Unsplash) This article is brought to you in association with the European Commission. The EU economy is recovering from the pandemic recession faster than expected. As vaccination campaigns progressed and restrictions began to be lifted, growth resumed in the spring and continued unabated through the summer, supported by theRead More →