Tag #Industrial Slowdown

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arabic.euronews.com

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Aug 1, 22:17

Asian Industrial Activity Falls Amidst Weak Demand and US Tariffs

Asian industrial activity slumped in July 2024, impacted by weak global demand and US tariffs; China's manufacturing PMI dropped to 49.5, while Japan and South Korea also experienced declines; India showed growth, but with decreased business confidence.

Asian Industrial Activity Falls Amidst Weak Demand and US Tariffs

Asian industrial activity slumped in July 2024, impacted by weak global demand and US tariffs; China's manufacturing PMI dropped to 49.5, while Japan and South Korea also experienced declines; India showed growth, but with decreased business confidence.

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How did the US-China trade war affect industrial activity in Asia, and what are the regional disparities in response?

The decline follows four consecutive months of contraction in China's official industrial output, indicating that a temporary export surge before US tariff hikes is fading amid weak domestic demand. Similar declines occurred in Japan and South Korea, which saw their PMIs fall to 48.9 and 48.0 respectively.

lemonde.fr

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Mar 13, 19:11

France's Reindustrialization Slowdown in 2024

France's 2024 reindustrialization efforts significantly slowed, with net factory creation turning negative (-5) for the first time since 2022, despite positive growth in specific sectors like green technology and healthcare; this decline is attributed to a weak global economy and geopolitical uncert...

France's Reindustrialization Slowdown in 2024

France's 2024 reindustrialization efforts significantly slowed, with net factory creation turning negative (-5) for the first time since 2022, despite positive growth in specific sectors like green technology and healthcare; this decline is attributed to a weak global economy and geopolitical uncert...

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How do the trends in job creation and factory openings in the industrial sector reflect broader economic challenges facing France?

This slowdown is attributed to a gloomy economic climate in France, Europe, and globally, coupled with geopolitical instability impacting investment decisions. The net increase in industrial jobs also fell by over 60%, from 81,637 in 2023 to 31,223 in 2024, due to increased job losses and fewer new positions.

welt.de

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May 20, 16:11

Economic Downturn in Saxony: Job Cuts and Investment Freezes

Saxony's industrial and craft sectors face a severe economic downturn due to weak demand, high costs (energy and labor), and low capacity utilization, leading to investment cuts and anticipated job losses affecting roughly 20% of surveyed businesses, mirroring conditions seen in 2009 post-financial ...

Economic Downturn in Saxony: Job Cuts and Investment Freezes

Saxony's industrial and craft sectors face a severe economic downturn due to weak demand, high costs (energy and labor), and low capacity utilization, leading to investment cuts and anticipated job losses affecting roughly 20% of surveyed businesses, mirroring conditions seen in 2009 post-financial ...

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What are the main factors driving the economic slowdown in Saxony, and how do these factors interact?

The declining business climate in Saxony's industrial and craft sectors reflects broader economic challenges facing Germany. High energy prices, a consequence of geopolitical instability and the energy transition, exacerbate already weak domestic demand. Increased labor costs, partially driven by minimum wage adjustments, further constrain businesses and investment.", "The situation mirrors similar downturns in other industrialized nations grappling with inflation and supply chain disruptions following the pandemic. The current economic slowdown highlights the interdependency of sectors and the need for comprehensive policy responses addressing both short-term economic hardship and long-term structural issues.", "The low business confidence levels and projected job losses underscore the urgency for policy action. Without significant intervention, this economic contraction could lead to widespread economic and social consequences, affecting various regions and industries.

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