For example, 52% of low-income consumers in Europe said they’re looking for ways to save money on grocery shopping, according to a 2022 McKinsey report. On the other hand, 34% of high-income consumers surveyed said they’re focusing on healthy eating and nutrition, a choice that isn’t...
even the European Central Bank, to normalize monetary policy faster and more aggressively than anticipated," said Christopher Dembik, head of Macro analysis from the Saxo Bank.
“We are in an experience economy where people crave going out and participating in social events,” says Alice Enders, a music industry analyst at Enders Analysis and a former senior economist at the World Trade Organization. “It's no surprise that people are flocking to this Eras Tour ...
“We are in an experience economy where people crave going out and participating in social events,” says Alice Enders, a music industry analyst at Enders Analysis and a former senior economist at the World Trade Organization. “It's no surprise that people are flocking to this Eras Tour ...
In this respect, a growing interest in time-series clustering grows, particularly in the search and analysis for similarities across long-term time-series in fields such as economic or financial applications. For example, time-series clustering can be used for similar group data to be easily ...
As discussed in Deloitte’s last quarterly report on relocation, there is evidence that, globally, investment and trade flows are quickly migrating. A clear example is the collapse of foreign direct investment to China, which reached its lowest level in 30 years in 2023 (figure 5). At the ...
The World Economic Outlook is the product of the IMF's systemic survey ofmacroeconomicconditions and prospects in member countries, as well as an analysis and forecast of global economic and financial developments.2 Because the IMF is a leading global financial organization heavily involved in macroec...
The Bureau of Economic Analysis (BEA), a division of the U.S. Department of Commerce, is responsible for the analysis and reporting of economic data.
The U.S. had a balance of trade deficit in 2023 of about $779.8 billion, down from $945.3 billion the previous year, according to the U.S. Bureau of Economic Analysis.7 History of the Concept of Economy The word "economy" derives from the Greek term for household management ("oikonomia...
TheBureau of Economic Analysis (BEA)releases a monthly report onpersonal income and outlays. It includes consumer income and spending figures. The latter is known as personal consumption expenditures (PCE). The report also includes the Personal Consumption Expenditures Price Index (PCEPI), a gauge o...