Based on the latest key business cycle indicators, Italy’s economy is stagnating. The strongest red flags are deteriorating psychological signals, namely falling business confidence and consumer confidence. Looking at the bottom line, Italy’s Gross Domestic Product (GDP) on a Purchasing Power Parity (PPP) basis did expand in October 2019 albeit at a tepid 1.8% annual … [Read more...] about Italy Business Cycle Indicators Report
Country Profiles
United States Business Cycle Indicators Report
Based on history, downturns typically happen within roughly 8 to 16 months from a peak in America’s Gross Domestic Product (GDP) performance on a Purchasing Power Parity (PPP) basis. The United States posted a respectable 4.2% improvement in its GDP performance in 2019 compared to one year earlier. GDP tracks a long-term growth trend via business cycles of growth or … [Read more...] about United States Business Cycle Indicators Report
Canada Business Cycle Indicators Report
Anchored by its world-class branch banking system, Canada was able to dodge or at least defer the most profound damages from the Great Recession back in 2008. This time around in 2020, however, several key business cycle indicators are flashing red for Canadians and their country. Granted, Canada’s Gross Domestic Product (GDP) on a Purchasing Power Parity (PPP) basis did … [Read more...] about Canada Business Cycle Indicators Report