Analysis anuary: Economic boom
According to Statistics Netherlands’ Business Cycle Tracer, the economic situation in February 2018 is favourable. All indicators of the Tracer are performing above their long-term average.
In the course of February, new data have become available for all indicators, except for turnover by employment agencies. As a result, the distribution of the indicators across and within the quadrants has changed.
Two indicators moved to another quadrant. Hours worked moved from the green to the orange quadrant. This indicator is performing above its long-term trend and the trend is downwards. Consumption moved from the orange back to the green quadrant. This indicators is performing above its long-term trend and the trend is upward now.
Ten indicators of the Business Cycle Tracer are situated in the green quadrant and three in the orange quadrant. The growth rate of indicators in the red quadrant is below their long-term trend and slowing down. The growth rate of indicators in the yellow quadrant is also below their long-term trend, but increasing. The growth rate of the indicators in the green quadrant is above their long-term trend and increasing. The growth rate of indicators located in the orange quadrant is also above their long-term trend, but slowing down.