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July 2, 2024
In 2024, the Spanish economy presents a heterogeneous outlook, with different autonomous communities showing significant variations in their growth prospects. In this quarter's BBVA Research Regional Economic Outlook report we explore the most relevant economic trends and challenges for this year and next.
January 26, 2024
Recently, the National Government, through the DNP, approved a policy document (Conpes) to boost manufacturing over the next 10 years, with focus on increasing productivity and promoting technological change in the economy. This column summarizes its starting hypotheses and objectives, commenting on some of them.
October 17, 2023
The Spanish economy presents a strange case in which growth and stagnation coexist. This is due to the divergence in the trends shown by services on the one hand, and industry, agriculture and residential construction on the other.
July 10, 2023
The Government presented the updated draft of the National Energy and Climate Plan (NECP) 2023-2030, submitted for public hearing until September 4 and to be approved in June 2024. It includes 46 new or updated measures and incorporates an increasing climate ambition that is in line with European targets.
July 18, 2022
Industry is holding firm, investment is rising and the summer promises record growth in Spain, all of which has delayed the expected fall in GDP — at least until the end of September. Nonetheless, a number of factors continue to stoke fears of a recession.
November 12, 2021
In this presentation, we show the modeling strategy proposed by BBVA Research to identify bottleneck shocks, differentiate them from other supply-side shocks, and calculate their impacts on the European and Spanish economies.
November 4, 2021
The COVID-19 crisis has severely disrupted value chains. Not only during the onset, but also in recent months. In light of this, BBVA Research has significantly revised growth forecasts downward.
May 28, 2021
GMM and K-means allow us to produce classification systems to evaluate industry performance, analyze state economic resiliency, and assess MSA sustainability. Our industry classification system (ICS) helps identify common patterns and the impact of shocks for 1075 industries.
October 2, 2019
EZ GDP growth is expected to slow slightly further to 0.1% QoQ in 2H19. Available data so far show worsening exports, especially those to other EU countries, and industrial output. There are further signs on more moderate consumption and subdued investment despite improving labour market and favorable financing conditions.
