Economic stagnation

Asia/Pacific to Continue to Drive Global Siding Demand Through 2024

Retrieved on: 
Friday, November 13, 2020

CLEVELAND, Nov. 13, 2020 /PRNewswire/ -- Through 2024, global demand for siding (cladding) is projected to grow 1.9% annually to 6.6 billion square meters , according to a new Freedonia Group analysis.

Key Points: 
  • CLEVELAND, Nov. 13, 2020 /PRNewswire/ -- Through 2024, global demand for siding (cladding) is projected to grow 1.9% annually to 6.6 billion square meters , according to a new Freedonia Group analysis.
  • China, the world's largest siding market, will continue to drive regional demand growth as ongoing, if moderating, strength in nonresidential construction offsets stagnation in the number of new housing units.
  • Historical demand (2009, 2014, and 2019) and forecasts for 2024 and 2029 are provided for siding demand by product (in dollars and square meters) and market (in square meters).
  • Siding demand is also provided on a country-by-country basis (in square meters), broken out by both product and market.

Ten Overseas Projects Debut at the Global Unicorn Fair - TOJOY Energizes Global Economic Recovery

Retrieved on: 
Tuesday, April 28, 2020

Meanwhile, the event received coverage from Baidu and The Economic Observer, and attracted more than 500,000 views of its live stream broadcast.

Key Points: 
  • Meanwhile, the event received coverage from Baidu and The Economic Observer, and attracted more than 500,000 views of its live stream broadcast.
  • However, he felt the current pandemic would affect the process of globalization, potentially changing the global supply chain and economic patterns.
  • Once the "pause"button is pressed on the flow of economic resources, economic activities will face the crisis of stagnation.
  • The economic efficiency discharged from this Fair will not only help China's economy reboundafter the pandemic, but also help the global economy pass through the pandemic crisis to a new dawn of recovery.

Philip R. Lane: Interview with La Repubblica

Retrieved on: 
Friday, November 22, 2019

INTERVIEWInterview with La RepubblicaInterview with Philip R. Lane, Member of the Executive Board of the ECB, conducted by Tonia Mastrobuoni on 14 November 2019In Germany, even though manufacturing is taking a hit, the wider economy, the consumption-driven part of it, is still in good shape.

Key Points: 


INTERVIEW

Interview with La Repubblica

    Interview with Philip R. Lane, Member of the Executive Board of the ECB, conducted by Tonia Mastrobuoni on 14 November 2019

      • In Germany, even though manufacturing is taking a hit, the wider economy, the consumption-driven part of it, is still in good shape.
      • Theres no doubt that, compared with 2017, theres been a sustained slowdown, but in the euro area we dont see a recession.
      • Our baseline scenario is a recovery in economic performance, but we have been consistent in highlighting that theres also downside risk.
      • The OECD said recently that Donald Trumps erratic trade wars might be the main reason for the global downturn, because they discourage investments.
      • In recent weeks, compared with the worst-case scenario, theres been some optimism on the US-China trade relationship.
      • A deal has been agreed between the UK Government and the European Union, which of course will be tested in the next election.
      • The worst-case scenario of a no-deal Brexit in the short term has been eliminated and the uncertainty over it is fading.
      • But even under the deal there is going to be a more challenging economic relationship between the United Kingdom and the EU27.
      • There is a big discussion about the risk of a secular stagnation in Europe.
      • You rule out a recession in the short term, but do you see this risk of a Japanese scenario in the long term?
      • It remains a relevant discussion because the big question is: are we going to grow at a low rate of maybe 1% a year?
      • Essentially, if the policy choices by governments are more favourable to economic performance, then some of this stagnation fear may fade.
      • Do you mean countries that have a fiscal margin to use investments to boost growth, like Germany, should act?
      • This is one of the potential gains from being a member of the European Union.
      • We have seen many examples where, in a given country, there might have been an intense debate about a particular policy.
      • But then a number of years later we see that a country which adopted a particular policy is succeeding.
      • Once youre in the safe zone I think that fiscal policy can be conducted differently.
      • For a long time the overwhelming focus was on how to make sure the high debt levels came down.
      • But at some point that gear shift has to happen for those countries which have been successful.
      • And many highly qualified young people choose France or Sweden or Germany because they earn much more.

    United States Surgical Instrument Manufacturing Market Report 2019 - ResearchAndMarkets.com

    Retrieved on: 
    Monday, June 17, 2019

    The "Surgical Instrument Manufacturing in the US - Industry Market Research Report" report has been added to ResearchAndMarkets.com's offering.

    Key Points: 
    • The "Surgical Instrument Manufacturing in the US - Industry Market Research Report" report has been added to ResearchAndMarkets.com's offering.
    • This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors.
    • Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
    • However, stagnation in the number of individuals with private health insurance will likely contribute to muted growth over the next five years.

    Labor Market Continues to Boil, with No Sign of an Employment Slowdown

    Retrieved on: 
    Friday, May 3, 2019

    NEW YORK, May 3, 2019 /PRNewswire/ -- Total nonfarm payroll employment increased by 263,000 in April, making it difficult to argue for an employment slowdown in recent months.

    Key Points: 
    • NEW YORK, May 3, 2019 /PRNewswire/ -- Total nonfarm payroll employment increased by 263,000 in April, making it difficult to argue for an employment slowdown in recent months.
    • The strong recovery in temporary-help employment, one of the best leading indicators of the labor market, further reduces the risk of an employment slowdown.
    • In such an economic environment, and considering the stagnation in working-age population growth, it is not surprising that the labor market continues to tighten.
    • The recovery in the US economy and the ongoing labor market squeeze are likely to further shift the Federal Reserve away from considering a rate cut in 2019.

    Global Productivity Growth Remains Weak, Extending Slowing Trend

    Retrieved on: 
    Monday, April 15, 2019

    NEW YORK, April 15, 2019 /PRNewswire/ --Global productivity growth has remained weak in 2018 and will continue to be slow through 2019, according to the latest release of annual productivity growth rates for 123 countries by The Conference Board, the global business research organization.

    Key Points: 
    • NEW YORK, April 15, 2019 /PRNewswire/ --Global productivity growth has remained weak in 2018 and will continue to be slow through 2019, according to the latest release of annual productivity growth rates for 123 countries by The Conference Board, the global business research organization.
    • The latest estimates extend the downward trend in global labor productivity growth from an average annual rate of 2.9 percent between 2000-2007 to 2.3 percent between 2010-2017.
    • The stagnation in productivity growth in Germany was likely in part related to its exposure to weakening trade growth with China.
    • A positive exception to the slowing trend in productivity growth among mature economies can be found in Central and Eastern Europe.

    Publications - Monetary dialogue - 26 November 2018 - Committee on Economic and Monetary Affairs

    Retrieved on: 
    Monday, November 19, 2018

          EMU reform and the new normal for monetary policy: Challenges and perspectives - Andrew HUGHES HALLETT (Copenhagen Business School)

    Key Points: 

          EMU reform and the new normal for monetary policy: Challenges and perspectives - Andrew HUGHES HALLETT (Copenhagen Business School)
    Topic 2: Monetary policy implications of transitory vs. permanently subdued growth prospects (secular stagnation)

    Solid employment growth and accelerating labor productivity

    Retrieved on: 
    Friday, September 7, 2018

    Whereas we have seen a strong acceleration in GDP growth over the past two years, from about 1.5 percent to about 3.5 percent, employment growth barely accelerated at all.

    Key Points: 
    • Whereas we have seen a strong acceleration in GDP growth over the past two years, from about 1.5 percent to about 3.5 percent, employment growth barely accelerated at all.
    • That means that the long-awaited improvement in productivity growth has finally arrived, at least for now.
    • Still, the current employment growth is more than enough to continue tightening the labor market.
    • We expect economic growth to remain strong in the coming year, leading to more of the same: solid employment growth that will continue to tighten the labor market and draw more people back into the labor force.