NEWS

Latest updates

• Q3 GDP nowcast revised down on disappointing September jobs data

  • The EIU nowcast for the US economy for Q3 2020 weakened to 3.08% (quarter-on-quarter) as of last week, compared with 3.49% during the week ending 25th September.
• The future of work and digital wellbeing: Protecting employees in a Covid-19-shaped world

  • Covid-19 has accelerated trends towards greater digitalisation in how we work. With 3 out of 4 people from a recent EIU survey wanting to work from home more post-pandemic, online communication, operations and processes are set to become permanent and frequent features of our professional lives.
• Staying ahead of the curve – The business case for responsible AI

  • The AI revolution is now. Over 75% of respondents in EIU’s executive survey are already experimenting with AI, if not piloting or implementing the technology.
• Is Sustainability in Fashion? Industry leaders share their views

  • Arguably the fashion and textile industry is unsustainable in its current form. It makes a significant contribution to the global economy, but it uses a disproportionately large amount of natural resources; its waste products pollute rivers and oceans; and when garments and footwear reach the end of their lives, most are burned or placed in landfill.
• Manufacturing outlook lifts Q3 GDP estimate slightly

  • The EIU nowcast for the US economy for Q3 2020 improved to 3.10% (quarter-on-quarter) as of last week, compared with 3.08% during the week ending 2nd October.
• Things to watch in South Korea in 2021

  • South Korean firms are well placed to benefit from the widening divide over technology between the US and China. Telecommunications and consumer electronics companies will gain global market share as their Chinese competitors face more restrictions.
• Global Outlook November 2020: Slow recovery ahead for Latin America and Sub-Saharan Africa

  • In The Economist Intelligence Unit’s (EIU) latest global outlook video, Agathe Demarais, Robert Wood and Benedict Craven discuss our latest forecasts for Latin America and Sub-Saharan Africa.
• Strong September retail data lift Q3 nowcast to 3.8 per cent

  • The EIU nowcast for the US economy for Q3 2020 improved to 3.86% (quarter-on-quarter) as of last week, compared with 3.10% during the week ending 9th October.
• Covid vaccine will drive healthcare spending in tumultuous 2021

  • After declining in 2020, global healthcare spending will rise by 6% in 2021, driven in part by Covid-19 care, especially vaccine procurement.
• The global automotive sector to see double-digit growth in 2021

  • The global automotive industry will witness double-digit growth in 2021 but it will not be enough to make up for the slump caused by the coronavirus (Covid-19) pandemic.

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