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Economics Gazette

Economy and Business news

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January 16, 2019

Archives for November 2017

French economy

French economy continues its steady development in Q3 2017

The French economy continues its steady development during the summer as well. In the third quarter of the year, the French economy registered growth, which corresponds to the preliminary assessment of official statistical office Insee. At the same time, however, the data is showing a surprisingly weaker consumer spending in October. Thus, the gross domestic

US consumer confidence

US consumer confidence marks its highest level since 2000

The US consumers feel confident during the start of the holiday season. The consumer index of the private organization Conference Board has reached 129.5 points this month, compared to 126.2 points in October. This is the highest level of the indicator since November 2000. The index takes into account the consumer’s assessment of current economic

Mexican economy

Mexican economy shrinks by 0.3% in Q3 2017

Mexican economy shrinks by 0.3% quarter-on-quarter in Q3 2017. This is the first decrease in GDP of nearly 2 years, according to the data from the National Statistics Office. In the July-September 2017, the country experienced a number of disasters, including hurricanes and earthquakes that hit the oil industry. This caused stops of industry, encountering

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