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

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
(Email us to learn more about membership
)