Regional & Urban Economics

Regional & Urban Economics latest publications

October 8, 2021

Spain | Impact of COVID-19 on consumption in real time and high definition in Sep-21

Card spending in September was 37% higher than in the same month of 2019 (35% in August) driven by the upturn in purchases with Spanish cards. Face-to-face transactions gained traction (26%), while online transactions slowed their progress (72%).

October 7, 2021

Mexico | Energy reform: unnecessary pushback

The president has turned over to Congress a constitutional reform initiative that seeks to reverse the 2013 energy reform that ended decades of monopoly control of the sector by the State

October 7, 2021

Spain | Analysis of National Tourist Flows in Real Time in Sep-21

According to BBVA credit card spending data, national tourism spending picked up slightly in September. Growth in the month was 11% compared to 2019 levels (9% in August). If spending by Spaniards abroad is excluded, the advance stood at 22% (19% in August).

October 6, 2021

Spain | Valencian Community Outlook. Second Half 2021

The recovery of the Valencian economy has increased in intensity in recent months, so that it will grow well above its potential, and will recover its pre-pandemic GDP level by the end of 2022.

September 29, 2021

Spain| Castile and Leon Economic Outlook 2021

GDP in Castile and Leon could increase by 5.9% in 2021, and by 6.1% in 2022. This would result in the creation of some 25,000 jobs compared to 2020. There is a downward bias on these forecasts if Spain's slower economic recovery is confirmed.

September 28, 2021

Regional Sectorial Outlook Mexico. Second semester 2021

GDP advanced 19.6% annually as of 2Q21, 14 out of 20 sectors are still below what was observed in 2019. It is confirmed that the economic recovery will come through industrial means by greater foreign trade

September 22, 2021

Spain | Navarre Economic Outlook 2021

The GDP of Navarre could increase by 5.9% in 2021, and by 7.3% in 2022 (Spain: 6.5% and 7.0%). This would result in the creation of 11,000 jobs compared to the end of 2020, and a reduction in the unemployment rate by three tenths of a percentage point to 9.8% on average over the following year.

September 13, 2021

Mexico Real Estate Outlook. Second semester 2021

In the middle of this year 2021, official figures show strong growth in the construction sector, an annual rate of 9.5%. A strong advance was to be expected in 2Q21, given that a year earlier the sector contracted more than 20%.