The business cycle expansion is strengthening, but weak profit growth persists | The Conference Board
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The business cycle expansion is strengthening, but weak profit growth persists


August 2017 | Economy Watch Reports

Second-quarter GDP growth figures confirm a strengthening economic cycle for the Euro Area. Spain surprised on the upside, while the UK saw another quarter of weak growth. Profit growth has been muted so far, and pricing power has been weak. However, both businesses and consumers expect inflation to increase. 


AUTHORS

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Ilaria Maselli

Senior Economist
The Conference Board

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Klaas de Vries

Economist
The Conference Board


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