Economic Trends Analyses

The article by Chrustian Schubert titled “Technischer Fortschritt: Warum wir unproduktiv werden” discusses the paradox of increasing technological progress leading to perceived unproductivity in industrialized countries .   The article suggests that digital corporations are partly to blame for this stagnation. It argues that while these corporations drive technological innovation, they also contribute to a concentration of power and wealth, which can stifle competition and hinder productivity growth . Furthermore, the article supports its argument with findings on the growing concentration of power in the economy between 1998 and 2019 in countries like Germany, France, and the United Kingdom . In conclusion, the article presents a critical view of technological progress, arguing that while it brings about innovation, it also leads to economic concentration and perceived unproductivity in industrialized countries . Credits This post was generated using Bing Copilot (Microsoft, 2024)...

The article titled “L’entreprise face aux turbulences internationales” by Jeremy Ghez, published on Le Grand Continent , discusses the challenges faced by businesses in the current international climate.    The article begins by discussing how economic gain was once the primary matrix for evaluating the strategic strengths and weaknesses of the private sector on the international stage. However, this is no longer sufficient due to new geopolitical rivalries. Businesses must rethink their models, practices, activities, and even their geography to overcome these challenges . The misunderstandings between major powers, especially the United States and China, did not compromise the stability of their relations as each party felt they were benefiting from globalization. However, these misunderstandings have now transformed into deep divisions that could become irreconcilable in the long run . The risk of economic fragmentation, as highlighted by the International Monetary Fund (IMF...

  The article says that U.S. economy grew at an annualized rate of 3.3% in the fourth quarter of 2023. This is higher than the 2% growth that economists predicted. The personal consumption expenditure (PCE) price index increased at an annual rate of 1.7% in Q4 2023, down from 2.6% in the previous quarter. The core PCE index increased 2.0% for the second consecutive quarter. Credits This post was generated using Gemini Advanced (Google, 2024). Accessed on February 12, 2024: https://gemini.google.com/app.  

  The article at this link is about the global economic outlook. It discusses the Conference Board's forecast for global GDP growth. The global economy is expected to grow by 3. 1% in 2023 and 2. 7% in 2024. The US economy is expected to grow by 2. 5% in 2023 and 1. 2% in 2024. The Euro Area is expected to grow by 0. 4% in 2023 and 0. 7% in 2024. China is expected to grow by 5. 2% in 2023 and 4. 1% in 2024. There are several risks to the global economic outlook, including rising interest rates, slowing fiscal stimulus, and the war in Ukraine. Credits This post was generated using Gemini (Google, 2024). Accessed on February 12, 2024: https://gemini.google.com/.    

  This Statista update provides informatoon about the Global Purchasing Managers’ Index (PMI). It discusses manufacturing and new export orders. The PMI is an indicator of economic activity. A reading above 50 indicates expansion; below 50 indicates contraction. In January 2024, the manufacturing PMI was 50 and the new export orders PMI was 48. 8. This suggests that the global manufacturing sector is barely growing. The manufacturing PMI reached its lowest point in August 2020, due to the effects of the Russia-Ukraine war and rising inflation. Credits This post was generated using Gemini (Google, 2024). Accessed on February 11, 2024: https://gemini.google.com/.