Analysis May: Economic boom
According to Statistics Netherlands’ Business Cycle Tracer, the economic situation in May 2018 is favourable. All indicators of the Tracer are performing above their long-term average.
In the course of May, new data have become available for all indicators, except for turnover by temp jobs agencies. As a result, the distribution of the indicators within the quadrants has changed.
Eight indicators of the Business Cycle Tracer are situated in the green quadrant and five 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.