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Le blog de Philippe Waechter

DIRECTEUR DE LA RECHERCHE ECONOMIQUE, OSTRUM AM

Une approche dynamique et conjoncturelle de l’économie globale

  • 229 vues

USA- Strong ISM indices: change in regime or catch up?

  • 5 août 2013
  • Actus & Chroniques

Philippe Waechter

In July the two ISM indices jumped strongly erasing the weak period seen from February to June 2013. The manufacturing index was at 55.4 in July versus only 50.2 on…
  • Growth
  • ISM
  • USA
LIRE
  • 163 vues

Just published last week – Three charts to characterize the Euro Area and allow to answer the question: Is Euro crisis over?

  • 22 mai 2013
  • Ne pas classifier

Philippe Waechter

Three statistics that have been published in the week between May 12 and May 19 characterize the economic situation in the Euro Area. First it is the GDP growth number…
  • Employment
  • External Trade
  • Growth
  • Inflation
LIRE
  • 301 vues

France – Low growth is a drag on employment

  • 16 mai 2013
  • France

Philippe Waechter

The number of jobs in competitive sectors dropped by -0.1% during the first quarter of 2013. 20 300 jobs have been lost. The chart below shows that employment profile is not…
  • Employment
  • Growth
  • Temporary Jobs
LIRE
  • 349 vues

GDP profile for France and Germany at the end of the first quarter 2013

  • 15 mai 2013
  • France

Philippe Waechter

Even if GDP growth number is positive in Germany and negative in France, GDP profile lacks of momentum in both countries. A detailed analysis will come later during the day…
  • GDP
  • Growth
LIRE
  • 206 vues

France: Public Investment to change Business Cycle Profile? The government proposal

  • 6 mai 2013
  • France

Philippe Waechter

Last Sunday evening Jean Marc Ayrault, the French Prime Minister, was on television to announce that his government will put investment at the first rank of its short run targets in…
  • Business Cycle
  • Growth
  • Investment
LIRE
  • 196 vues

Five Charts that characterize the World Economy Momentum

  • 2 mai 2013
  • Ne pas classifier

Philippe Waechter

The world economy is on a weak growth trajectory. Expectations are always too positive and the recurrent downward revisions of its global forecasts by the IMF are problematic. Fives charts…
  • Growth
  • World Industrial Production
  • World Trade
LIRE
  • 192 vues

United States versus Euro Area: A Chart that shows the Difference

  • 28 avril 2013
  • Ne pas classifier

Philippe Waechter

Economic recovery in the United States came from internal private demand. Deleveraging was key for households but they continue to consume. Companies have increased their investments. Each was able to…
  • Growth
  • Internal Demand
LIRE
  • 386 vues

United Kingdom – Better than expected GDP figure but the trend is still weak

  • 25 avril 2013
  • Ne pas classifier

Philippe Waechter

This morning in the United Kingdom the good surprise was the higher than expected growth figure. During the first quarter, GDP was up by 1.2% at annual rate and by…
  • Business Cycle
  • GDP
  • Growth
LIRE
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