What do recent surveys reveal about euro area business investment in 2024?

Valerie Jarvis and Barbara Schirato

Economic Bulletin Boxes, 2024, vol. 5

Abstract: This box considers the outlook for euro area business investment growth in 2024, as inferred from recent surveys. While suggesting a muted outlook for business investment growth this year, the surveys reveal considerable cross-country and cross-sectoral variation. Southern euro area countries and sectors with stronger demand appear more inclined to expand investment, whereas investment intentions in energy-intensive sectors have become weaker since the 2022-23 energy crisis. While investment priorities have changed somewhat in the face of recent shocks, scope remains for considerable expansion in business investment, not least related to the green and digital transitions. JEL Classification: E22, E66

Keywords: Business investment; Surveys (search for similar items in EconPapers)
Date: 2024-08
Note: 1725816
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