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December 3, 2020

Colombia | A path to walk together: Gender inclusion, recovery and sustainable growth

In Colombia there is a significant gender gap, especially for sectors of the labor market with high female participation, when analyzing the history it is obtained that the pandemic exacerbated this inequity, so it is necessary to work on policies that promote female inclusion to confront the deterioration.

November 17, 2020

Colombia | Q3 2020 GDP: recovery is underway

Third quarter GDP fell 9.0% YoY, although it showed a significant rebound from its second quarter level, increasing 8.7% QoQ. The impetus for the recovery came from domestic demand, while exports remain very depressed. For the whole of 2020, a drop in GDP of 7.5% is expected. 

October 30, 2020

Mexico | GDP grows 57.4% (annualized rate) in 3Q20 reaching 90.9% of its pre-COVID level

Economic activity regained ground in 3Q20 (12.0% QoQ, 57.4% at an annualized rate) after the reopening of activities that began in early June. With the momentum of the third quarter, the industry reaches 90.4% of its pre-COVID level, while the services sector 91.1%.

October 29, 2020

U.S.| 3Q20 GDP:Strong policy support drives historic rebound in GDP,but headwinds emerging

The U.S. economy showed astounding resiliency in the 3Q20. Strong monetary, fiscal and administrative support from the federal government, less restrictive lockdown measures and stronger impetus to end distancing measures contributed to the rebound.
  • Geography Tags
  • USA

July 31, 2020

Spain : unprecedented drop in activity in 2Q20, despite gradual blockdown lifting

The fall in GDP in Q2 (-18.5% QoQ; -22.1% YoY) slightly exceeded expectations and confirmed the serious effects of the containment. Domestic demand suffered most of the adjustment (-16.1pp QoQ; -4.2pp YoY), but external demand also fell. The fall in hours worked was intense and productivity increased.

July 30, 2020

U.S. | 2Q20 GDP: Worst quarter on record overshadowed by strengthening pandemic headwinds

GDP dropped by 32.9% in the second quarter, marking the steepest decline in over-the-quarter growth since 1937. The rise in the number of COVID-19 cases since mid-June has lowered the likelihood of the “V-shaped” recovery. Economic and health outcomes will be interwoven in the near future.
  • Geography Tags
  • USA

July 24, 2020

Argentina Economic Outlook. Third quarter 2020

The Covid-19 spread, along with the mobility restrictions, hit an economy with a three-year long recession. These facts lead us to expect a “square root” shape to emerge from the crisis in the following quarters, mainly driven by a “statistical rebound” rather than a genuine economic recovery.

July 15, 2020

Mexico Economic Outlook. Third quarter 2020

The road to recovery will be long and bumpy. Mexico needs countercyclical economic policies and to regain investor confidence to better address the challenging environment.