Report
Is the slowdown in industry cyclical or enduring?
There is currently a marked slowdown in industry in all OECD countries:Â It is cyclical if it is due to temporary factors: downturn in corporate investment or in household purchases of durable goods after a period of sharp growth in this investment or these purchases; It is structural if it is due to lasting factors: transformation of the global economy into a service economy, slowdown in Chinese growth, contraction in industries linked to fossil energies. We believe both forms of slowdown in industry are present currently, and that the structural- type slowdown will gain further momentum.
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Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.
Patrick Artus
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