Profile avatar
macrotragedy.bsky.social
What the name says really, a macro view of things with a slightly pessimistic twist... https://macrotragedy.blogspot.com/ https://macrotragedy.substack.com/
633 posts 171 followers 125 following
Prolific Poster
Active Commenter

Sciacca. #sicily #italy #travel

The number of EU member-states that registered a YoY contraction in their respective GDP figures, in real terms, rose to 5 in 2025Q1, up from 3 in 2024Q4.

EU countries, GDP - 2025Q1 (YoY % change, chain-linked volumes) --> Greece registered the 11th highest GDP growth rate, in YoY terms, in 2025Q1.

It is the least wonderful time of the year...πŸ˜“ #Greek_summer

Anatomy of a crime inspector. www.ekathimerini.com/culture/1269... #BookSky

Fund misallocation a thorn in the economy. www.ekathimerini.com/economy/1269...

Euro Area, Manufacturing broken down by Main Industrial Groupings, Production Index - 2025M03 (YoY % change) --> Intermediate Goods: -0.2% YoY Energy (exc. section E): +2.2% YoY Capital Goods: +1% YoY Durable Consumer Goods: +1.1% YoY Non-Durable Consumer Goods: +15.7% YoY

Euro Area 20, Manufacturing - Production Index --> +3.8% YoY in 2025M03 After registering mostly down months, in YoY % terms, since 2023M07*, Euro Area 20's manufacturing production increased in 2025M02 and 2025M03. *in fact the only 2 months when manufacturing production >

Irish pharmaceuticals vs Trump tariffs.

EU countries, Manufacturing, Production Index - 2025M03 (YoY % change) --> The production Index of Greece's manufacturing sector registered the 9th highest YoY growth rate among our EU peers in Mar, lower than both the EU and Euro Area aggregates.

Ireland, Manufacturing - Production Index (YoY % change) --> Notice the spike in the YoY growth rate of Manufacturing Production in Ireland in 2025M02 and 2025M03.

😍😍

Wtf?! At first I thought my eyes were playing me. www.reuters.com/world/africa...

A good (and long!) Economist briefing on Russia’s military & European deterrence. Would Vladimir Putin attack NATO? economist.com/briefing/202...

Ok, this was one of the best podcast episodes I've ever listened to. Not just of Odd Lots but in general. Hats off for the great work and good luck to all the people affected by this.

NEW ODD LOTS: Why the world keeps getting surprised by Chinese tech gains. @tracyalloway.bsky.social and I speak with @kaiserkuo.bsky.social, host of the Sinica podcast podcasts.apple.com/us/podcast/w...

πŸ‘πŸ‘πŸ‘ #UTFT

Adama Traore looks like a rugby player.

Goooooaaaaaallllll! #Everton

Long read on Meloni, dating back to Sep 2022. www.ilpost.it/2022/09/23/g...

Container shipping firms cull Asia-US service as Trump tariffs collapse trade. www.reuters.com/world/china/...

@mgpolitis.bsky.social Questo potrebbe interessarti. www.kathimerini.gr/culture/5636...

That was all re the Italian economy, for the time being. Over and out.

Finally, here's a look at whether the jobs created each quarter were of the full-time or part-time variety.

And here are how each sector did, jobs-wise, during the 2022Q4 - 2024Q4 period.

Employment growth during the 2022Q4 - 2024Q4 period averaged 1.78% YoY compared to 0.68% for 2014Q1 - 2019Q4. Employment growth slowed sharply in 2024Q4 though and it remains to be seen whether this is just a one-off that will be shrugged off in due course or if it is the start of sth.

Unemployment in Italy, as of March, stood at 6%. After having come a hair's breath away from 2007M04's low* of 5.8% with Feb's print of 5.9%. *that is the low for, at least, the 1983 - present period

For quite some time now I wanted to take a quick look at the Italian economy to see how Meloni's govt had done thus far. Here are a few quick charts on the labour market.

Before becoming pontiff, Pope Leo levied criticism at Trump and Vance. www.reuters.com/world/before...

#currently_reading πŸ‘Œ #BookSky