The Directorate-General for Economic and Financial Affairs (DG ECFIN) of the European Commission is pleased to inform you about its newest publications for your free download as PDF:
European Business Cycle Indicators - 4th Quarter 2021 Focus on investment activity and business sentiment across subsectors after COVID
The special topic in this EBCI takes a look at detailed business survey data for individual branches so as to identify which activities have been most or least affected since the beginning of the COVID crisis. It turns out that sentiment among managers in contact-intensive services was hardest hit in the first two COVID-waves and, following a steep rebound in spring/summer, again took a hit in the current COVID wave. By contrast, business sentiment in industry has in almost all cases fully recovered from the steep fall suffered during the initial COVID wave.
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