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Created by Niccolo Battistini and Pedro NevesPublished as part of the ECB Economic Bulletin, issue 7/2023.Expectations for business activity have worsened since mid-2022, with the decline occurring faster than the slowdown in economic growth in the euro area. According to the European Commission's Economic Survey, short-term expectations for business activity have declined year-on-year since the third quarter of 2022. This deterioration foreshadows a subsequent slowdown in euro area economic activity, but the pace of slowdown varies across sectors. This box analyzes a new bottom-up composite index of business activity expectations across sectors. We also use disaggregated data on output expectations…
Sectoral analysis Services activities accounted for the largest share of the enterprise population within the EU’s non-financial business economy when analysed at NACE Rev. 2 section level for 2021: almost one-fifth (18.9 %) of the 31.0 million enterprises in the EU’s business economy were classified to distributive trades (motor trade, wholesale trade and retail trade), while close to one in six (15.5 %) were in professional, scientific and technical activities — see Figure 1. Many business services have benefitted from outsourcing, which may explain, in part, the structural shift towards services. Human health and social work activities is ranked third among the services activities,…
In Washington state's Puget Sound, the marine industry faces environmental challenges: cleaner air, reliable ferry service, restored fisheries and protection of endangered whales.Plus, as waterfront development advances, new apartment dwellers don't want bright lights or truck traffic. Close on their heels are traditional customers — marine, workboat and fishing boat operators — who themselves need help adapting to changing priorities.How to make it all work was the subject of a seminar today on sustainability in shipyard and port operations. Pacific Marine Expo In Seattle.The Pacific Northwest is a booming market Seaspan Shipyards The British Columbia-based company has grown to more…
In order to sell hundreds of millions of different products to consumers around the world, Amazon’s sales platform is supported by more than 6 million third-party sellers worldwide. Of those sellers, 26% sell products using a sales model called wholesale. Wholesale is the practice of purchasing bulk branded products from another manufacturer, supplier, or distributor to resell to consumers. Examples include popular consumer electronics, kitchenware, and even popular toys. Selling wholesale on Amazon in 2023 is a lucrative opportunity — but there’s a lot you need to know before diving in. This article offers the pros and cons associated with…
Sectoral analysis Services activities accounted for the largest share of the enterprise population within the EU’s non-financial business economy when analysed at NACE Rev. 2 section level for 2021: almost one-fifth (18.9 %) of the 31.0 million enterprises in the EU’s business economy were classified to distributive trades (motor trade, wholesale trade and retail trade), while close to one in six (15.5 %) were in professional, scientific and technical activities — see Figure 1. Many business services have benefitted from outsourcing, which may explain, in part, the structural shift towards services. Human health and social work activities is ranked third among the services activities,…
Sectoral analysis Services activities accounted for the largest share of the enterprise population within the EU’s non-financial business economy when analysed at NACE Rev. 2 section level for 2021: almost one-fifth (18.9 %) of the 31.0 million enterprises in the EU’s business economy were classified to distributive trades (motor trade, wholesale trade and retail trade), while close to one in six (15.5 %) were in professional, scientific and technical activities — see Figure 1. Many business services have benefitted from outsourcing, which may explain, in part, the structural shift towards services. Human health and social work activities is ranked third among the services activities,…
Whatever your New Year's resolution, becoming more successful is one we can all get behind. Whether that means making better decisions, developing better business strategies, or dealing with conflict more effectively, these four books will put you on the path to success in 2024.1. Poor Charlie's Almanac: The Wit and Wisdom of Charles T. MungerCharlie Munger, vice chairman of Berkshire Hathaway and Warren Buffett's right-hand man, is widely regarded as one of the most successful and influential investors of our time. As he approaches his 100th birthday, Stripe Press is publishing an abridged version of his book. Poor Charlie's YearbookReveals…
New College of Florida (NCF) will request $420 million in state investment to support conservative changes. This number translates to a staggering capital expenditure ratio of $600,000 per student for the small Sarasota campus, which has an enrollment of less than 700 students. NCF's financial plan relies heavily on significant financial investment and flexibility compared to other state schools. Another document appears to show the school plans to increase President Richard Corcoran's compensation by more than $1.1 million for the 2024 school year. New College of Florida's (NCF) long-awaited business plan presentation scheduled for Wednesday afternoon includes direct and indirect…
Gothenburg, Sweden, November 8, 2023–(BUSINESS WIRE)–Polestar Automotive Holding UK PLC (Nasdaq: PSNY), the Swedish electric performance car brand, today aims to accelerate margin improvement and significantly reduce the company's total capital needs. announced a strengthened business plan. Cash flow break-even point in 2025.This press release features multimedia. Read the full release here: https://www.businesswire.com/news/home/20231108523637/en/Polestar 2, Polestar 3, Polestar 4, Polestar 5 (Photo: Business Wire)In light of the rapidly changing operating environment, Polestar has introduced an enhanced business plan that resets the company's path to profitability by prioritizing profit growth over volume. Polestar is targeting total annual sales of approximately 155,000 to…
Airlines are an important part of the economy, but investing in their stocks has often failed. Airline stock prices fluctuate with business cycles, and past economic downturns have led to airline bankruptcies and bankruptcies.However, industry consolidation has created a small number of competitors that use technology more effectively to manage schedules and set fares. Currently, four airlines control approximately 80% of the U.S. market. Image source: Getty Images. Airlines in the post-pandemic worldThe coronavirus disease (COVID-19) pandemic caused airline revenues and stock prices to temporarily decline. Vaccines have allowed people to travel again, but the recovery has been fragile as…