Por: RTTNews Business October 24, 2022
The euro area private activity slipped into a deep downturn in October as both manufacturing and services sectors contracted at faster rates, flash survey results from S&P Global showed Monday. The S&P Global composite output index fell to a 23-month low of 47.1 in October from 48.1 in the previous month. The reading was also below economists' forecast of 47.5.The index has remained below 50.0 level for the fourth straight month suggesting... + full article
MarketWatch USA Politics October 24, 2022
Economists polled by the Wall Street Journal had expected manufacturing to rise to 51.8 in October and for the service sector to rise to 49.7. Key details: In the service sector, the downturn was fueled by the rising cost of living and tightening financial conditions. New orders... + más
European Economics Preview: Eurozone Final Factory PMI Data Due | RTTNews
Eurozone Private Sector Slips Into Deep Downturn | RTTNews
RTTNews USA Business October 03, 2022
The euro area manufacturing sector contracted at the fastest pace since mid-2020 due to further slides in output and new orders, final data from S&P Global showed on Monday.The final manufacturing Purchasing Managers' Index fell to 48.4 in September from 49.6 in the... + más
Eurozone Private Sector Downturn Deepens In September | RTTNews
Los Angeles Times USA Business September 30, 2022
Inflation in the 19 European countries that use the euro currency has broken into double digits as prices for electricity and natural gas soar, signaling a winter recession for one of the globe's major economic blocs as higher prices undermine consumers' spending... + más
Eurozone Inflation a 'Grave Concern,' Hits Record 10% | Time
Inflation hits record 10% in 19 EU countries using euro | ABC News
RTTNews USA Business September 27, 2022
Eurozone money supply growth accelerated unexpectedly in August, and loans to the private sector rose at a faster rate, data published by the European Central Bank showed Tuesday.The broad monetary aggregate M3 grew 6.1 percent annually in August, faster than July's 5.7... + más
Many college students with credit cards have debt, survey says | Fox Business
RTTNews USA Business September 24, 2022
The Eurozone economic downturn deepened in September with worsening performances in both manufacturing and services with demand easing sharply as a result of the cost of living crisis, flash survey results from S&P Global showed Friday.The flash composite output index declined... + más
Eurozone countries likely entering official economic recession | WPTV
WPTV USA Nation September 24, 2022
Skyrocketing energy prices in Europe mixed with a marked downturn in consumer spending and business activity across countries in Europe that have adopted the Euro as their primary currency have economists saying the dreaded word: Recession. The economic downturn deepened even... + más
How Long Do Recessions Last? When Are They Over? | Forbes
Technical Recession Confirmed: Economy Shrank 0.6% Last Quarter, Final GDP Shows | Forbes
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