The Conference Board Economics Watch® - European View

  • Authors:
    Brian Schaitkin
  • Publication Date:
    August 2013
  • Report Number:
    EWEV_V3N8

Sign In to Download

Sign In

Recovery Takes Hold in Euro Area, but Economy Will Only Grow at a Modest Pace for Rest of 2013

  • Euro Area GDP rose modestly in the second quarter, with conditions in most economies strengthening.
  • Business and consumer confidence continue to improve, but are still at fairly low levels.
  • The Conference Board Leading Economic Index® (LEI) for the Euro Area continued rising in July.
  • A slow recovery will take a long time to undo the legacy of economic contraction and high unemployment since 2008, especially because protracted periods of high unemployment reduce the capabilities of workers for the long term.
  • Emerging market slowdown and potential financial risks are constraints on the strength of recovery.

Pricing

Economics Watch Reports (6 pgs)
Members: Sign in to see if this product is complimentary with your membership.
Non-members: Not available
(Find out how to become a member
)
  • Human Capital
  • Back to Top