Moody’s Analytics, the global ratings agency’s research and analysis wing, released its latest economic research report this week with information and predictions on the world’s economies. This week’s Data Analytics News Roundup has information on the report to help business decision makers shape their next moves.
- Experian/Moody’s Analytics’ Report Shows Small-Business Credit Quality Continued to Improve in Q2, Lifting Index to Highest Point on Record at The Wall Street Journal: “Findings from the report showed that small firms have steadily reduced their delinquent debt over the past year. Balance volumes for all business sizes receded measurably from a year earlier, bringing down delinquency rates. Further, credit quality has strengthened for every business size. At an average of 10.2 percent, the total share of delinquent dollars is 2.4 percentage points lower than it was a year ago and is at the lowest point on record. “
- Moody’s Corporation : Moody’s Analytics Euro Zone Outlook: The Region’s Indebted Nations Face a Longer Road to Recovery at 4-Traders: “According to the report, excessive volumes of old debt impede the flow of new credit necessary to finance future growth, particularly in Spain, Italy, Portugal and Greece. The historically low monetary policy rate has not translated into lower borrowing rates for consumers or businesses in countries where banks are perceived as riskier, highlighting the European Central Bank’s ongoing transmission problem. The banks’ plight, in turn, stems from their fiscally weak governments, which are unlikely to be able to back financial institutions in trouble.”
- Indian Economy to Grow at 4.5% in Q1: Moody’s Analytics at Business Standard: “Moody’s Analytics further highlighted that all the three sectors of the economy had performed worse. ‘Manufacturing is weak, construction and fixed investment are growing very slowly, export facing industries are struggling, and even the once strong service sector industries have cooled in recent quarters’, said the firm.’”
- Moody’s Sees Brisk Growth in Q2 in BusinessMirror: “The research and analysis unit added the BPO industry were to hit more or less 6.8 million in employment numbers by 2020, about 15 percent of the country’s total employment. It also said the manufacturing industry should prove strong amid solid domestic demand, offsetting the weakness seen in exports. Private consumption is also getting an additional boost from strong remittances, which, according to Moody’s Analytics, held up well through weaker global demand.”
- BOT Likely to Maintain Rate Despite Slowdown: Moody’s Analytics at The Nation: “The domestic economy has been the main driver of growth over the last 12 months; however, the artificial boost from flood-related reconstruction and the government’s post-election sweeteners has faded. This was particularly evident in the second quarter’s private consumption and investment numbers and aligns with the easing in construction, manufacturing and consumer services. Externally, exporters are feeling the pinch from slower regional demand.”
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