The euro area is five years into an economic upswing.
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It reflects the arrival of the first synchronised global economic upswing since 2010.
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Within months clear signs of a broad-based global economic upswing were palpable.
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It added that private consumption would remain an important driver of the economic upswing.
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"The economic upswing has become more broad-based," VP Bank economist Thomas Gitzel said.
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The Brexit vote coincided with the beginning of the first worldwide economic upswing in years.
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In April the IMF said that the global economic upswing had become "broader and stronger".
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"We are currently facing a strong economic upswing in Germany," Ifo economist Timo Wollmershaeuser said.
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Germany's unemployment rate hit a record low in December, underpinning a broad-based economic upswing.
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Historically, the strongest return periods for commodities are during the later stages of an economic upswing.
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Second, all of this is happening against signs of stalling in the China-led economic upswing.
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"The numbers showed clearly how vulnerable the economic upswing is," analyst Soren V. Kristensen from Sydbank said.
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Despite the lowered outlook, Germany expects the moderate economic upswing to continue, especially in Europe, the official said.
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"We are currently facing a strong economic upswing in Germany," Ifo economist Timo Wollmershaeuser said in a statement.
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"The economic upswing in Germany is still fundamentally intact," the Bundesbank said in a regular monthly economic report.
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That means many workers are yet to feel the benefit of the global economic upswing that began during 2017.
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Within weeks, the U.S. may have delivered both the longest and the weakest economic upswing in post-war history.
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But Germany expects these numbers to fall as the economic upswing in Europe means people can find work at home.
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WASHINGTON — Since getting crushed by the recession a decade ago, the state of Oregon has been on an economic upswing.
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Despite the economic upswing, the dollar value of downgraded debt was $201.8 billion last year, double the $100.3 billion of upgraded debt.
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Ifo said the economic upswing in Germany should continue but at a slower pace, echoing an assessment by the Bundesbank last week.
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"When you've been in a long running cycle of economic upswing, there are fears that there's a recession on the horizon," Challenger said.
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"The German economy is humming," Ifo head Clemens Fuest said on Thursday, adding that the strong economic upswing would extend far into 2018.
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"The economic upswing that we have expected for some time seems to be materializing," IMF chief economist Maurice Obstfeld wrote in the report.
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"Germany's economic upswing will continue this year and next," Economy Minister Sigmar Gabriel told a news conference to present updated German growth forecasts.
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The index last month rose to 20.7 from 17.4 in February as concern dissipated that global political risks could end an economic upswing.
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In Germany, Europe's economic power house, the unemployment rate hit a record low of 5.5 percent in December, underpinning a broad-based economic upswing.
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Central banks are fearful of cutting short the synchronised global economic upswing and, with inflation quiescent, see no real need to take the risk.
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Now the allure of Iceland's own economic upswing, a strengthened currency and comparably high interest rates have deterred domestic investors from boosting foreign investment.
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Considering our constructive economic and constrained supply stance, energy and industrial metals should again fare best at the later stage of an economic upswing.
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The Ifo economic institute said, however, that Germany's economic upswing will continue as a strong domestic economy is providing a buffer against external shocks.
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The president of the Bavarian civil servants' union, Rolf Habermann, told Reuters employers should make an offer reflecting the strength of Germany's economic upswing.
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While the Bank of England expects business investment to pick up this year, it remains muted considering the strength of the global economic upswing.
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Today, almost ten years after the most severe financial crisis since the Depression, a broad-based economic upswing is at last under way (see article).
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A recent poll found that only 12 percent "feel they have benefited a lot" from the economic upswing, an almost perfect alignment with Tcherneva's chart.
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Policymakers and business executives should capitalize on the current economic upswing to invest in future economic growth by boosting productivity — before it is too late.
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The dispute comes against the backdrop of an economic upswing in Germany that pushed the country's unemployment rate down to a record low in December.
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"The German economy is on a solid growth path," its monthly report said, adding that indicators signaled a continuation of the economic upswing in 2017.
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New Zealand's economic upswing began in the mid-20143s under an audaciously reforming Labour government that was, in the words of Mr Key, "amazingly right-wing".
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Orders in construction reached a level last seen during the boom times following unification and the economic upswing in East Germany in the mid-1990s, it added.
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EU officials speak of a window of opportunity for reforms opened by Emmanuel Macron's election in France, a sprightly economic upswing and the unfamiliar absence of crisis.
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"It looks as if we have surpassed the top of the economic upswing," HSBC Trinkhaus analyst Lothar Hessler said, adding the stronger euro probably caused the decline.
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TOKYO — Japan reported a surprising economic upswing in the first three months of the year, but the sunny figures belied continuing weaknesses that threaten the country's prospects.
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"The aggregate of latest economic indicators point to a continuation of the moderate economic upswing over the course of the year," the ministry said in its monthly report.
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President Jair Bolsonaro's government has failed to inspire a consistent economic upswing during his first year in office despite sweeping reforms and the privatization of state-run businesses.
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This city, which has enjoyed a decided economic upswing in recent years, has embraced the Games with an almost unambiguous courtship that concluded with a flourish Thursday evening.
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A rebound in exports is one of the key drivers of Germany's economic upswing as they still account for more than 40 percent of its gross domestic product.
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The economic upswing in eastern European countries, including Hungary, Czech Republic and Slovakia, directly translates into Vienna Airport passenger growth, Guenther Ofner, who manages the airport with Jaeger, said.
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Republicans swung from deeply pessimistic, with just 15 percent saying the economy would improve in the next year, to strongly optimistic, with 74 percent believing in an economic upswing.
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Republicans swung from deeply pessimistic, with just 200 percent saying the economy would improve in the next year, to strongly optimistic, with 27 percent believing in an economic upswing.
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"The economic upswing will be supported by the domestic economy," it said, adding that the health care and construction sectors would be the main growth drivers in the second half.
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The IMF said the Swiss economic upswing was strengthening as it forecast growth of 2.25 percent in 2018, slightly slower than the latest government forecast of a 2.4 percent expansion.
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Average commodity returns are particularly strong during the later stages of an economic upswing, when our preferred metric, the OECD composite leading indicator, is improving but at a decelerating pace.
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The "euroboom", as it has come to be known, is one of the most important components of a wider economic upswing that now has world growth closing in on 4 percent.
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Economy Minister Peter Altmaier said the economic slowdown Germany saw during the second half of 2018 would be overcome during the course of this year and replaced by an economic upswing.
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Economy Minister Peter Altmaier said the slowdown in Germany seen in the second half of 2018 would be overcome during the course of this year and replaced by an economic upswing.
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Separately, the Finance Ministry said on Friday that Germany's economic upswing is likely to gain further momentum in the first quarter of this year, pushing up tax revenues by more than expected.
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COPENHAGEN, Aug 28 (Reuters) - Denmark's right-leaning government said it aimed to cut the world's highest rates of personal taxation to encourage people to work more and to prolong an economic upswing.
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This has been the result of pressure from the ECB as well as a brisk economic upswing in the euro zone, which has helped borrowers as well as luring buyers for those loans.
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After the streamlining of operations during the recent crisis an economic upswing could bring very dynamic growth in Russia and a "spectacular profit" in Ukraine compared to the bank's size there, he said.
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But Gabriel warned against taking the economic upswing for granted and urged the government to use its budget surplus of around 6 billion euros ($6.44 billion) to increase investment in infrastructure and education.
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The economic upswing is nevertheless set to continue because private consumption remains bullish and exports are still robust due to Germany's highly diversified portfolio of manufacturing products and export markets, the ministry added.
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"There is enough money to pay employees more fairly and competitively," said Ulrich Silberbach, head of the dbb union which represents civil servants, pointing to Germany's strong economic upswing and record tax revenues.
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A global economic upswing helped the value of assets at central banks, sovereign funds and public pension funds hit $231 trillion in 19903, according to new research by London-based think tank OMFIF.
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"The current picture of economic indicators suggests that the economic upswing continued vigorously in the second quarter," the ministry said in its monthly report, pointing to rising industrial output and buoyant business morale.
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But just outside Öhringen's tidy old quarter, dominated by the steeple of a 21910th-century stone church, there are signs that the economic upswing that has nourished this idyll is beginning to falter.
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The president of the Bavarian civil servants' union, Rolf Habermann, told Reuters on Wednesday that it was now time for employers to make an offer that would reflect the strength of Germany's economic upswing.
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Investors risk appetite was whetted after the International Monetary Fund (IMF) raised its outlook for the global economy, indicating the current broad-based global economic upswing will likely be sustained this year and next.
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In 2016 as a whole, a record 43.4 million people were employed in Germany as the labour market thrives in an environment of a continued economic upswing, low interest rates and increased state spending.
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The figures suggested that price pressures in Europe's biggest economy - also partly due to higher costs for package holidays and transportation - are building up as an economic upswing continues and the labour market booms.
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The surprisingly strong figures gave some reassurance that Germany's economic upswing is likely to continue in 2017 after industrial orders in January posted their biggest monthly slump in eight years and retail sales also disappointed.
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A breakdown of the German non-harmonised data showed energy costs were unchanged in June while food and services inflation clearly picked up, suggesting that Germany's economic upswing is slowly pushing up underlying price pressures.
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The figures, published by the Economy Ministry on Wednesday, gave some reassurance that Germany's economic upswing is likely to continue after data on Tuesday showed industrial orders posting their biggest monthly slump in eight years.
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Buoyant export orders, underpinned by a global economic upswing and strong demand for electronics, is set to help export-reliant Taiwan meet its GDP forecast, which was bumped up to 2.11 percent earlier this year.
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Now in its ninth year, Germany's economic upswing has led to record-low unemployment, soaring tax revenues and a massive budget surplus which enables the government to hike public spending without taking on new debt.
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Takarek Group posted a loss of 12.3 billion forints under Hungarian accounting standards last year despite a general economic upswing and a boom in lending, which has bolstered the profitability of most lenders in Hungary.
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This upbeat growth outlook was also mirrored in the finance ministry's monthly report released earlier on Thursday which said recent data was pointing to a continuation of the economic upswing at the beginning of the year.
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When Brazil was awarded the Summer Olympics in 2009 the country was riding an economic upswing but by the time the Games were staged last August budgets were being slashed and corners cut amid political turmoil.
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BERLIN (Reuters) - Germany's unemployment rate hit a record low in May as jobless numbers fell, data showed, reflecting the robustness of a labour market that has become a key driver of a consumer-led economic upswing.
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A sustained economic upswing along with close to rock-bottom interest rates and record low unemployment have driven sharp gains in property prices, especially in Prague, while supply is being throttled by bottlenecks in construction permits.
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The trade figures, released by the Federal Statistics Office on Friday, were another sign that Germany's robust economic upswing is likely to continue following Thursday's news that industrial production rose by more than expected in April.
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EURDKK=D3 Low interest rates combined with low risk perception during the current economic upswing has led to an increase in demand for advanced products with complex risk profiles in international markets, the central bank said.
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FRANKFURT (Reuters) - The European Central Bank could end bond purchases this year while an interest rate hike in 2019 is not unrealistic if the euro zone's economic upswing continues, Bundesbank President Jens Weidmann said on Tuesday.
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BERLIN (Reuters) - Investor sentiment in the euro zone improved more than expected in March, hitting its highest level in almost 10 years on Monday, as concerns that global political risks could end an economic upswing dissipated.
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ZURICH, Aug 15 (Reuters) - Switzerland projected on Wednesday a 2018 budget surplus of 2.3 billion Swiss francs ($2.31 billion), up from its previous projection of 300 million francs, as a stronger economic upswing boosted the state's coffers.
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An unusually strong, sustained economic upswing combined with a shortage of people of working age has made German firms more worried about attracting employees than in other leading economies, according to a survey by staffing firm ManpowerGroup.
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The HDB association, which represents large industrial construction firms such as Hochtief, has said orders reached a level last seen during the boom times following unification and the economic upswing in East Germany in the mid-1990s.
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World economies were ready to shift out of neutral as the "global economic upswing" that began in the middle of 2016 had become "broader and stronger," as reported by the International Monetary Fund outlook for this year.
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BERLIN (Reuters) - Euro zone states should implement structural reforms to sustain the economic upswing driven by the European Central Bank's expansionary policy which should be curtailed as it threatens financial stability, German economic experts said on Wednesday.
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Holger Bingmann, head of the BGA trade group, said Brexit was the "most urgent problem for the German economy" while an escalation of international trade disputes sparked by the United States could potentially derail the economic upswing.
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Retailers had a disappointing March, official figures showed on Friday, with sales up a much slower-than-expected 0.1 percent as shoppers kept their hands in their pockets, adding to evidence the bloc's economic upswing is fading.
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BERLIN (Reuters) - Germany's economic upswing is expected to lose some pace, the Economy Ministry said in its monthly report on Thursday, warning that trade disputes were clouding the outlook for both the world economy and Germany's export sector.
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BERLIN, Nov 14 (Reuters) - Germany's solid economic upswing will stretch into the fourth quarter, the economy ministry said on Tuesday as data released earlier showed that Europe's biggest economy grew by more than expected in the third quarter.
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The much stronger-than-expected data, released by the Economy Ministry in Berlin on Monday, gave some reassurance that Germany's economic upswing will carry into 22.5 despite growing political uncertainties that include the potentially protectionist U.S. trade agenda.
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"With today's agreement, we have made it possible for the economic upswing to continue without an abrupt end," Altmaier said, adding that it would strengthen Germany's competitiveness at a time when other countries were espousing stricter immigration rules.
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"If there is no economic upswing before Iran's presidential elections, Rouhani will be accused by his hardline rivals of giving away too much on the nuclear issue and failing on the economy," said a moderate former Iranian official.
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The voters give Trump significant credit for the economic upswing, and any read on his approval ratings have to take into account that moving the economy forward these days is seen as Job No. 1 for the president.
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That would bring overall sales volumes close to levels last seen during the boom times after the reunification of East and West Germany in 1990 and the economic upswing in the east of the country in the mid-1990s.
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"After what is shaping up to be a subdued development in the second quarter, the forces of economic upswing could become more prominent again if the external environment settles," the ministry said in its monthly report published on Monday.
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BERLIN, Nov 4 (Reuters) - Morale among investors in the euro zone jumped in November to its highest level since June on signs of an economic upswing in Asia and resilience in the U.S. economy, a survey showed on Monday.
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BERLIN, May 0.13 (Reuters) - Consumer prices in Germany barely rose in May, regional data indicated on Monday, suggesting that an economic upswing, record-high employment and rising real wages still aren't putting pressure on prices in Europe's largest economy.
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BERLIN (Reuters) - The economic upswing in Europe is gaining momentum and Germany is ready to deepen euro zone integration as long as risks and liabilities arising from political decisions remain linked, German Finance Minister Wolfgang Schaeuble has told lawmakers.
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BERLIN (Reuters) - Germany's economic upswing is losing some momentum and the outlook for growth is clouded by a trade dispute with the United States as well as risks linked to Italy's new coalition government, the economy ministry said on Wednesday.
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WAIT-AND-SEE APPROACH The Economy Ministry said in its monthly report on Wednesday that Germany's economic upswing was losing some momentum, with the growth outlook clouded by the festering trade dispute and risks linked to Italy's new coalition government.
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The Finance Ministry had previously projected a flat budget this year, although German economic institutes said last month that Germany's next coalition government could count on record budget surpluses over the next two years due to a solid economic upswing.
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WASHINGTON (Reuters) - The current broad-based global economic upswing will likely be sustained this year and next, the International Monetary Fund said on Tuesday, with gains in most of the world offsetting sluggish outcomes in the United States, Britain and India.
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Vida said the group, which posted a loss of 12.3 billion forints under Hungarian accounting standards last year despite a general economic upswing and a boom in lending, would turn a small profit of about 4 billion forints this year.
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BERLIN (Reuters) - Germany's economic upswing has broadened and is set to continue in the second half of the year, but it is likely to lose some momentum after its strong performance in the first six months, the Economy Ministry said on Friday.
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BERLIN (Reuters) - Germany's economy minister said on Thursday that there was no reason to believe Germany's long economic upswing must be at an end after data showed industrial orders in Europe's largest economy had fallen for the fourth month in a row.
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BERLIN, Nov 8 (Reuters) - The economic upswing in Europe is creating a historic window of opportunity for European governments to implement reforms and push ahead with closer political and economic integration, French Finance Minister Bruno Le Maire said in Berlin on Wednesday.
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"Investors are balancing the negative unknown, a negative outcome from the elections, against two positive knowns - a cyclical economic upswing and Sunday's ballot result in Germany which paves the way for a new government there," said Richard McGuire, head of rates strategy at Rabobank.
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An unusually strong, sustained economic upswing combined with a long-signalled shortage of people of working age has made German firms more worried about attracting and retaining talent than peers in the United States, France, Italy or Britain, a survey by staffing firm ManpowerGroup found in 2016.
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Republicans claim the legislation will spur enough economic growth to pay for the tax cuts with new revenue, but the nonpartisan Joint Committee on Taxation estimates that Senate bill would still add $1 trillion to the federal budget deficit over a decade, even with an economic upswing.
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Jean-Claude Juncker, president of the European Union's executive body, will call on member states to take advantage of Brexit and an economic upswing that is pulling the EU out of crisis to forge a tighter Union, putting the euro zone at the heart of world trade.
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"We are optimistic that ongoing delivery against our strategy will ensure that our operations are sustainable despite the current stagnation in the economy and that the business, with its healthy balance sheet and cash-flows, will be well positioned to take advantage of an economic upswing," said Vorster.
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According to a draft of the coalition agreement seen by Reuters on Wednesday, the next government sees additional fiscal space of 46 billion euros ($58 billion) over the next four years to increase investments and reduce taxes as Germany's strong economic upswing pushes up revenues and the budget surplus.
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MIDLAND, Texas (Reuters) - (This May 0003 story has been refiled to correct name of professor to Lutz Kilian, not Kilian Lutz, in thirteenth paragraph.) In West Texas, rising oil prices are fueling a sharp economic upswing, lifting employment and pay to records, driving up spending at hotels, restaurants, and car dealerships, and raising the cost of housing and other essentials.
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Fitch's sovereign rating committee adjusted the output from the SRM to arrive at the final LT FC IDR by applying its QO, relative to rated peers, as follows: -Macroeconomics: -13 notch, to reflect Fitch's view that the SRM is currently benefitting from a cyclical economic upswing, and that sustained and higher potential growth is limited by Bulgaria's structural economic competitiveness challenges, particularly labour market rigidities and adverse demographic trends.
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