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Ambrosetti Club Economic Indicator



AMBROSETTI CLUB ECONOMIC INDICATOR

Has the Italian freight car become decoupled (permanently) from the European locomotive?

From the preliminary estimates for the first three quarters of the year, 2019 would seem headed towards 0 growth.

AMBROSETTI CLUB ECONOMIC INDICATOR

If the world economy slows down, Italy stops

For the first time after 14 quarters of consecutive growth, Italy’s economy has contracted for two consecutive quarters: this means that the country is officially experiencing a recession.

AMBROSETTI CLUB ECONOMIC INDICATOR

Italian economic/financial uncertainty rises, business sentiment worsens. No investment = No work = No growth = No future

The good news is that Italy continues to grow. The bad news is that it is doing so at an inexorably slow pace.

AMBROSETTI CLUB ECONOMIC INDICATOR

THE LONG PHASE OF UNCERTAINTY IN THE MONTHS LEADING UP TO AND FOLLOWING THE ELECTIONS HAS WORSENED CORPORATE SENTIMENT REGARDING BUSINESS AND INVESTMENT

The first quarter of 2018 was characterized by a general continuation of the growth registered during 2017. There is growth and it remains stable, but its intensity is declining, causing clouds to gather on the horizon.

AMBROSETTI CLUB ECONOMIC INDICATOR

IS THE POSITIVE THRUST IN ITALY ALREADY OVER, OR ARE WE JUST EXPERIENCING A PERIOD OF ADJUSTMENT?

What are the prospects for Italy?
2017 was a positive year. The growth rate in Italy was 1.5%, the highest since 2010, and employment was at an all-time high of 23.1 million, although the overall unemployment rate remained at 11.2%.

AMBROSETTI CLUB ECONOMIC INDICATOR

Italy on the road to recovery: great expectations

The rules and models we have used until now to analyze the economy no longer seem to be very relevant, if at all. The technological revolution underway, the processes of digitalization and automation, an aging population, changes in consumption patterns and increased trend towards globalization could have modified, even substantially, the economic paradigm with which we were familiar.

AMBROSETTI CLUB ECONOMIC INDICATOR

Better growth than forecast, but if we want to grow in competitiveness we must run faster than the others, not faster than yesterday

We are improving and growing more than yesterday. And this is positive. But compared with other European countries, remaining behind and growing less than others means continuing to drop behind, even within a growth context.

AMBROSETTI CLUB ECONOMIC INDICATOR

Growth in Italy is strengthening, but has yet to “take off”

The sentiment indicators of The European House – Ambrosetti Club regarding the current economic situation and prospects for the job market indicate a slight deterioration, and confirm that the Italian economy is not actually able to accelerate or, at least, keep up with the other economies in the Eurozone.

AMBROSETTI CLUB ECONOMIC INDICATOR

The Italian economy proceeds at (scooter) pace

Also in these first 3 months, as in the last quarter of 2016, the overall picture is characterized by high levels of uncertainty on the economic and geo-political front. It’s an uncertainty that has become the “new normality” as many businessmen and top managements of large Italian companies have informed us in these months.

AMBROSETTI CLUB ECONOMIC INDICATOR

Optimism despite uncertainty

The 15th Ambrosetti Club Economic Indicator survey is now available. Since the last survey in September, many things have changed on the international and national scene.