Economy Watch: European View (December 2021)

The Conference Board, Inc., 10 pages, February 15, 2022
Report
0/5 based on
|    Write a review
iPad
(You are signed in anonymously, to review, create an account)


The rapid spread of the Omicron variant adds downside risks to the region’s pace of economic recovery in the first half of 2022.

Document Highlights

At the dawn of 2022, Europe is grappling with another resurgence in COVID-19 infections due to the spread of the more contagious Omicron variant. Despite the recent rise in infection rates, business activity in November remained resilient. With total output being only 0.3 percentage points below Q4 2019 and its pre-pandemic levels, the region’s recovery is on track to continue. Yet, persisting supply-side constraints and now the rapid spread of the Omicron increase downside risks to the region’s output potential in early 2022 and beyond.

COVID-19: Get all the insights

To see if you are entitled to get this research for free, take a minute and create a free e-Library account. This will let us determine if someone else at your organization has already purchased access to this material.

Browse by...
Need Help?