Economic update November 2019

Industry Match-up Reports

  • China,
  • USA
  • Machines/Engineering,
  • Metals

7th November 2019

The Economic Update, presenting the current economic environment across the globe and the outlook by Atradius Economic Research.

The Economic update is published once per two months.

The November 2019 edition of the Economic Update, presenting the current economic environment across the globe by Atradius Economic Research.

  • Global - We forecast global economic growth to slow to 2.5% in 2019 from 3.2% in 2018, amid a broadening of tariffs between China and the US

  • Eurozone – GDP growth is likely to slow considerably this year, as weakness in international trade is weighing on the eurozone manufacturing sector

  • Advanced Markets – Consumer spending continues to support growth in the US and UK but ongoing uncertainty strains investment

  • Emerging Markets – Growth is edging slightly lower in 2019, with trade tensions between the US and China continuing to cloud the outlook

  • Credit and Insolvencies – The global insolvency outlook has deteriorated further, with a 2.8% increase currently expected in 2019

Download the Economic Update to read all the details.

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