GROWTH OPPORTUNITIES FOR EPTDA MEMBERS IN A MULTITUDE OF MARKET SEGMENTS – EPTDA ECONOMIC OUTLOOK REPORT
As Europe and global economies grow in the coming quarters, we expect the industrial segment of the economy to contribute to overall growth in the economy. Europe Industrial Production is expected to expand into mid-2018. The list of positive indicators that support higher levels of Europe industrial activity in 2017 and into 2018 is growing. The Retail Trade Index is at a record-high level, and the consumer strength will contribute to growth in a number of segments within the Europe economy. Be prepared for growth in Europe Industrial Production into mid-2018 by making sure you have adequate capital and labour. However, be sure to plan for the pace of growth to slow in 2018 relative to 2017. Take advantage of relatively low interest rates and make investments to increase process efficiencies by upgrading machinery and equipment, but avoid the temptation to over-expand given the likelihood of business cycle decline in 2018 and 2019.