• Made in Europe

  • Oct 5 2024
  • Length: 16 mins
  • Podcast

Made in Europe

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  • Summary

  • In this episode of the Decisive podcast, host Kristen Hallam is joined by David Vagenknecht and Shuchita Shukla from S&P Global Market Intelligence to explore the constraints facing the European Union's industrial sector and the potential for an industrial upcycle. They discuss the aftermath of the pandemic and the Russia-Ukraine war, highlighting persistent supply-side bottlenecks, including labor shortages and high production costs. Although some improvements have been noted, particularly in commodity prices and delivery times, demand for European goods remains weak, especially in heavy industries like construction and automotive.

    The conversation delves into the uneven recovery across different sectors, the impact of geopolitical tensions, and the structural challenges posed by reduced gas imports and global competition, particularly from China.

    More S&P Global Content:

    • Flash eurozone PMI top five takeaways: Heightened risk of economy facing hard landing

    Credits:

    • Host: Kristen Hallam
    • Guests: David Vagenknecht, Shuchita Shukla
    • Produced By: Kristen Hallam
    • Edited By: Kristen Hallam
    • Published With Assistance From: Sophie Carr, Feranmi Adeoshun
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