The document provides an overview of recent economic indicators and forecasts from Europe, the US, Japan, and Germany in October 2013. Key points include:
- The Eurozone GDP growth forecast remained flat at 0.0% for 2013 and 1.3% for 2014, while the ECB unexpectedly cut interest rates to 0.25% due to deflation concerns.
- US GDP growth was revised up to 1.7% for 2013 and remained at 2.6% for 2014 following stronger than expected third quarter growth.
- Japan's GDP forecast remained unchanged at 1.9% for 2013 but declined slightly to 1.6% for 2014, despite other improving economic parameters.
- The IFO Business Climate Index
Description: Colour is used to impress and strengthen the brand of advertised products or the magazine itself Colour management is standardising how colour is reproduced in different stages of the workflow from camera to proofing and printing
Description: Colour is used to impress and strengthen the brand of advertised products or the magazine itself Colour management is standardising how colour is reproduced in different stages of the workflow from camera to proofing and printing
All about paper Manufacturing: Paper Making Process
Industry and businesses provide almost half the amount of recovered paper in the form of cuttings/shavings and unsold newspapers/magazines. Households contribute over a third. Almost any household paper, including used newspapers, cardboard, packaging, stationery, direct mail, magazines, catalogues, greeting cards and wrapping paper, can be recycled. Recovered paper compares favorably with the production of wood-based pulp made by chemical or mechanical means in terms of environmental pollution and energy consumption.
Dear Readers,
The presentation may be helpful for those who wants to know the basic concept of paper making process.
Please post your valuable comments improve the quality of presentation.
Regards,
Nirjhar.
DELSA/GOV 3rd Health meeting - Christian KASTROPOECD Governance
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This monthly briefing highlights that global manufacturing production has improved. Economic recovery is slowly strengthening in developed economies; and public fiscal stimulus programmes have been a determinant factor in economic growth in many developing countries.
For more information:
http://www.un.org/en/development/desa/policy/index.shtml
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In August, annual inflation returns to positive territory
Manufacturing growing fast in July
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Generative AI Deep Dive: Advancing from Proof of Concept to ProductionAggregage
Join Maher Hanafi, VP of Engineering at Betterworks, in this new session where he'll share a practical framework to transform Gen AI prototypes into impactful products! He'll delve into the complexities of data collection and management, model selection and optimization, and ensuring security, scalability, and responsible use.
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Clients don’t know what they don’t know. What web solutions are right for them? How does WordPress come into the picture? How do you make sure you understand scope and timeline? What do you do if sometime changes?
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Welcome to UiPath Test Automation using UiPath Test Suite series part 6. In this session, we will cover Test Automation with generative AI and Open AI.
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1. Insights into integrating generative AI.
2. Understanding how this integration enhances test automation within the UiPath platform
3. Practical demonstrations
4. Exploration of real-world use cases illustrating the benefits of AI-driven test automation for UiPath
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UiPath integration with generative AI
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Presented by Vladimir Iglovikov:
- https://www.linkedin.com/in/iglovikov/
- https://x.com/viglovikov
- https://www.instagram.com/ternaus/
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People: The contributors and community that have supported Albumentations.
Metrics: The success indicators such as downloads, daily active users, GitHub stars, and financial contributions.
Challenges: The hurdles in monetizing open-source projects and measuring user engagement.
Development Practices: Best practices for creating, maintaining, and scaling open-source libraries, including code hygiene, CI/CD, and fast iteration.
Community Building: Strategies for making adoption easy, iterating quickly, and fostering a vibrant, engaged community.
Marketing: Both online and offline marketing tactics, focusing on real, impactful interactions and collaborations.
Mental Health: Maintaining balance and not feeling pressured by user demands.
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Explore more about Albumentations and join the community at:
GitHub: https://github.com/albumentations-team/albumentations
Website: https://albumentations.ai/
LinkedIn: https://www.linkedin.com/company/100504475
Twitter: https://x.com/albumentations
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• Why is it important?
• How can it help today’s business and the benefits
• Phases in Communication Mining
• Demo on Platform overview
• Q/A
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https://arxiv.org/abs/2306.08302
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https://www.microsoft.com/en-us/research/blog/graphrag-unlocking-llm-discovery-on-narrative-private-data/
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2. Economic Outlook Monthly Overview – October 2013
Europe:
• Consensus November GDP forecast for WE remained on 0,0% for 2013 and on 1,3% for 2014.
• The EU industrial confidence improved again compared to last month while the consumer
confidence indicator remained stable on the same level as in September.
• The IFO Business Climate index for Germany fell slightly for the first time after five increases.
Both, the business expectations and the current business situation were assessed slightly less
favorably than in the previous month. The German economy has not yet moved fully into gear.
• The ECB rather surprisingly cut the target interest rate by 0,25%points on November 13 to the
historically low level of 0,25%. Fears over a deflationary environment along with recent gains in
the Euro, threatening the export-led recovery prompted ECB to act.
US:
• Consensus November GDP forecast for the US improved from 1,6% to 1,7% for 2013 and
remained on 2,6% for 2014.
• US growth accelerated in Q3 to 2,8% q-o-q and this month’s upbeat employment report
suggests that the government shutdown may not have hurt activity as badly as previously
feared.
Japan:
• The November GDP growth forecast for Japan again remained stable on 1,9% for 2013 and
slightly came down from 1,7% to 1,6% for 2014.
• Muted wage growth remains a burden to the outlook while many other of the country’s
parameters have improved during the last months.
2
| Economic Indicators |
4. 13 Q1
12 Q1
'11 Q1
'10 Q1
'09 Q1
'08 Q1
4
3
2
1
0
-1
-2
-3
-4
-5
'07Q1
%
Economic Indicators – GDP EU 27
GDP for the EU 27 countries at constant prices quarter vs. same quarter of last year
Source: Eurostat Sep 13
4
| Economic Indicators |
5. Economic Indicators – GDP EU 27
1
0,5
0
%
-0,5
-1
-1,5
-2
13 Q1
12 Q1
'11 Q1
'10 Q1
'09 Q1
'08 Q1
'07Q1
-2,5
GDP for the EU 27 countries at constant prices quarter on quarter
Source: Eurostat Sep 13
5
| Economic Indicators |
6. Economic Indicators –EU 27 Consumer Price Index
4,5
4
3,5
3
2,5
2
1,5
1
0,5
0
13/1
12/1
11/1
10/1
09/1
0,9
08/1
%
The harmonized index of consumer prices is the result of the collaboration
between Eurostat and National Statistical Institutes of the Member States.
Source: Eurostat Nov 13
6
| Economic Indicators |
7. Eurozone inflation
Oct 13; 0,7
ECB short-term rate
Jan 15
Jul.14
Jan 14
Jul.13
Jan 13
Jul.12
Jan 12
July 11
Jan 11
Jul.10
Jan 10
Jul.09
Nov.13; 0,25
Nov.13; 0,25
Jan 09
July 08
4,5
4,0
3,5
3,0
2,5
2,0
1,5
1,0
0,5 FED rate
0,0
-0,5
Jan 08
%
Economic Indicators – ECB interest rate
Source: ECB, FED Nov 13
7
| Economic Indicators |
8. Economic Indicators –EU 27 Unemployment Rate
12
11
11
%
10
9
8
7
Jan 13
Jan 12
Jan 11
Jan 10
Jan 09
Jan 08
6
Unemployment rate for EU 27 countries
Source: Eurostat Nov 13
8
| Economic Indicators |
9. Economic Indicators – Industrial Confidence Ind EU
Industrial confidence within EU 27 improved again in October.
Jan 14
Jan 13
Jan 12
Jan 11
Jan 10
Jan 09
Jan 08
Jan 07
Jan 06
10
5
0
-5
-10
-15
-20
-25
-30
-35
-40
The Industrial Confidence Indicator is the arithmetic average of the answers to the
questions on production expectations, order books and stocks.
Source: Eurostat Nov 13
9
| Economic Indicators |
10. Economic Indicators – Consumer Confidence Ind EU
Consumer Confidence within EU 27 in October did not change from September.
0
-5
-10
-15
-20
-25
-30
Jan 14
Jan 13
Jan 12
Jan 11
Jan 10
Jan 09
Jan 08
Jan 07
Jan 06
-35
The Consumer Confidence Indicator is the arithmetic average of the answers to the questions
on the financial situation of households and general economic situation (past and future)
together with that on the advisability of making major purchases.
Source: Eurostat Nov 13
10
| Economic Indicators |
11. Economic Indicators – Capacity Utilization
in Manufacturing Industry in % - EU 27
85
79,5
80
75
%
70
65
13Q1
12Q1
11Q1
10Q1
09Q1
08Q1
07Q1
06Q1
05Q1
04Q1
60
The capacity utilization in manufacturing industry gives the level of capacity utilization
in percent, as assessed by managers in manufacturing industry.
Source: Eurostat Nov 13
11
| Economic Indicators |
13. Economic Indicators – IFO World Economic Climate
The Ifo World Economic climate brightens in Q4 2013
This indicator is being updated on a quarterly basis.
Source: IFO Nov 13
13
| Economic Indicators |
14. Economic Indicators – IFO European Economic Climate
The economic climate for Europe brightens significantly in Q4 2013.
This indicator is being updated on a quarterly basis.
Source: IFO Nov 13
14
| Economic Indicators |
15. Economic Indicators – IFO NA Economic Climate
This indicator is being updated on a quarterly basis.
Source: IFO Nov 13
15
| Economic Indicators |
16. Economic Indicators – GDP Forecast Euro Area
Source: IFO Oct 13
16
| Economic Indicators |
17. Economic Indicators – GDP Forecast Germany
Source: IFO Oct 13
17
| Economic Indicators |
18. Economic Indicators – Exchange rate $ vs €
Source: IFO Nov 13
18
| Economic Indicators |
19. Economic Indicators –
Ifo business situation and 6 month expectations
6 months expectations
Business situation
Jan 13
Jan 12
Jan 11
Jan 10
Jan 09
Jan 08
Jan 13
Jan 12
Jan 11
Jan 10
Jan 09
115
110
105
100
95
90
85
80
75
Jan 08
125
120
115
110
105
100
95
90
85
80
The Ifo Business Climate Index for Germany fell slightly for the first time after 5 increases.
Firms assessed their business outlook slightly less optimistically than in the last month.
Assessments of the current business situation were somewhat less positive, but remain above
average. The German economy has not yet moved fully into gear.
The IFO-Institut für Wirtschaftsforschung business situation index shows the current evaluation of the
economic situation, while the 6 month expectations index shows the expectations of the companies for the next
6 months. Over 7000 companies are being interviewed.
Source: IFO Nov 13
19
| Economic Indicators |
20. Economic Indicators – IFO Assessment of Current
Business Situation
The Ifo Business Climate Index for Germany fell slightly for the first time after 5 increases.
Firms assessed their business outlook slightly less optimistically than in the last month.
Assessments of the current business situation were somewhat less positive, but remain above
average. The German economy has not yet moved fully into gear.
Source: IFO Nov 13
20
| Economic Indicators |
21. Economic Indicators – IFO business climate index
printing industry
The business climate within the printing industry decreased to -3 in October.
Jan 14
Jan 13
Jan 12
Jan 11
Jan 10
Jan 09
Jan 08
20
10
0
-10
-20
-30
-40
-50
-60
The IFO-Institut für Wirtschaftsforschung business climate index for the printing industry is
based on a monthly representative questionnaire to 300 German printers.
Source: IFO Nov 13, bundesverband druck und medien
21
| Economic Indicators |
22. Economic Indicators – IFO business climate index
printing industry
Business Development at German Printers – October 2013:
The assessment of the current business situation in the printing
industry improved compared to the last month to now 7%, which is
also 5% points above the same month of last year.
The business climate – an indicator for the development in
the next quarter – came down from last month to now -3%, thus also
remaining below the value of October last year.
The business expectations for the coming 6 months worsened to -13%.
In October 2012 the value was slightly better at -9%.
The IFO-Institut für Wirtschaftsforschung business climate index for the printing industry is
based on a monthly representative questionnaire to 300 German printers.
Source: IFO Nov 13, bundesverband druck und medien
22
| Economic Indicators |