Search Results for: Austria
The egregious errors of static statistics
March 22nd, 2018
The measure of a man’s real character is what he would do if he knew he would never be found out. Lord Macaulay wrote this nearly two hundred years ago. His aphorism is particularly apposite of modern politicians, ...
European markets were slightly lower Monday morning
January 29th, 2018
European markets were slightly lower Monday morning, as investors monitored fresh economic data and corporate earnings. The pan-European Stoxx 600 edged down around 0.2 percent during mid-morning deals, with sectors and major bourses pointing in opposite directions. Europe’s banking ...
How many hours do Europeans work per week?
January 29th, 2018
On average, a full-time employee in the EU works 40.3 hours per week in a usual working week. Men have a longer working week than women, working on average 41.0 hours compared with 39.3 hours for women. Those in ...
How quickly will the dollar collapse?
January 8th, 2018
This might seem a frivolous question, while the dollar still retains its might, and is universally accepted in preference to other, less stable fiat currencies. However, it is becoming clear, at least to independent monetary observers, that in ...
Web sales of EU enterprises
January 5th, 2018
16% of all enterprises located in the EU and employing at least 10 people received orders via a website or apps (web sales) in 2016. Using their own website or apps largely prevailed among these EU businesses. More than ...
1 in 6 EU businesses sold on the web in 2016
December 15th, 2017
Last year, 16% of enterprises located in the European Union (EU) and employing at least 10 persons had received orders via a website or via apps. Web sales include both sales to individual consumers and to other enterprises.The share ...
Gas prices rise in freezing Europe
December 13th, 2017
Energy markets were shocked Tuesday by the closure of a pipeline in the North Sea and a major explosion at a facility in Austria that helps move natural gas from Russia. The price of both crude oil and natural ...
Volume of retail trade down by 1.1% in euro area
December 7th, 2017
In October 2017 compared with September 2017, the seasonally adjusted volume of retail trade decreased by 1.1% in the euro area (EA19) and by 0.5% in the EU28, according to estimates from Eurostat, the statistical office of the European ...
Monetary update for the dollar
December 1st, 2017
A dispassionate look at the quantities and flows of fiat dollars tells us much about the current state of the US economy, and therefore prospects for the dollar itself. This is a starting point for understanding the dynamics likely ...
Oil prices latest update
November 30th, 2017
Oil prices edged up on Thursday, ahead of an OPEC meeting in Vienna at which producers are expected to extend a supply-cut deal that came into effect in January with the goal of tightening supplies and propping up prices. ...