Whether you are watching GDP or Industrial Production, one thing is clear: Europe’s economy is on the back side of the business cycle. The question is, how long will it last?
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Whether you are watching GDP or Industrial Production, one thing is clear: Europe’s economy is on the back side of the business cycle. The question is, how long will it last?
Continue ReadingWith the European Union's recent decision to extend the United Kingdom's departure deadline to Oct. 31, and another round of UK voting set for the upcoming week, we need to examine the...
Continue ReadingIt’s no surprise that Mexico’s economy is tied to the US; 36.9% of Mexico’s GDP is export activity, and 73.9% of Mexico’s exports went directly to the US in 2016 (latest data available).
Continue ReadingThe world is a big place, and World Industrial Production is a large engine. Once it's in motion, it's difficult to change its direction. Unfortunately for many, that engine is distinctly...
Continue Reading2019 is finally here, and bringing with it obstacles and opportunities. If you follow ITR Economics, you know we are expecting the US economy to generally grow during the first half of this...
Continue ReadingIf you were to renegotiate deals with someone responsible for 54.1% of your sales, it would cause some stress. How about renegotiating with your top supplier, responsible for 61.7% of all...
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