New Report: The Transatlantic Economy 2017
The 2017 edition of "Annual Survey of Jobs, Trade and Investment between the United States and Europe" by Daniel Hamilton and Joseph Quinlan was released this week in Bruxelles in conjunction with AmCham EU’s annual Transatlantic Conference.
This annual survey offers the most up-to-date picture of the dense economic relationship binding European countries to America’s 50 states.
As in previous years, the report contains all the core economic indicators related to the transatlantic economy with an emphasis on trade and investment. In addition, there are overviews of trade and investment flows for all U.S. States in relation to Europe and for each European country in relation to the United States.
The report findings show that despite transatlantic political turbulence, the U.S. and Europe remain each other’s most important markets. No two other regions in the world are as deeply integrated as the EU and the US - they are each other's biggest trading partners. The transatlantic economy is responsible for €5.2 trillion total commercial sales, and employs 15 million workers on both sides of the Atlantic.
On an interesting note, the report findings show that the transatlantic economy is picking up steam. Both economies are coming closer as gaps in growth, employment and trade narrow.
To download the full report, click here.
To download the key findings of the report, click here.