The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "OK", you consent to the use of cookies. 
Economic Indicators & Forecasting Topics
The Conference Board Economics Watch® - European View

The Euro Area looks to be in a mild recession

  • Despite some relief in December, leading economic indexes for the Euro Area and member states have been trending downward in recent months
  • More recently, coincident indicators of real economic activity have also fallen, suggesting that the Euro Area has entered a period of recession
  • European policy makers may continue to “muddle through” the crisis, taking some necessary but insufficient action to generate a quick recovery
  • While the probability is small, anxiety about a disorderly resolution of the Euro Area crisis remains high and explains why 2012 growth prospects are weakening further
  • Structural improvements to support growth and competitiveness are also needed, but remain in short supply



 



Pricing
Economics Watch Reports (6 pgs)
Members: Sign in to see if this product is complimentary with your membership.
Non-members: Not available
(Email us to learn more about membership
)