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Cyclical bottom has been reached, but recovery will be slow
Category: Accounting / Financial
A highly expansive fiscal and monetary policy, weak krone and strong growth in house building have contributed to a shift in the economy. Low interest rates and high growth internationally are driving the upswing, while a stronger krone and less house building are curbing growth. Norway’s trading partners have passed the cyclical bottom and we […]
Source: SSB.no
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DNV GL: Energy Transition Outlook
Category: Automobile / Transport
At a time of uncertainty for energy stakeholders, the Energy Transition Outlook provides a balanced forecast of our energy future through to 2050, from an organization with an equal footing in fossil and renewable energy. Group President & CEO Remi Eriksen says, “Profound changes in the energy mix await us, and more than 70% of […]
Source: DNV GL
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The World’s Productivity 2017
Category: Culture / Lifestyle
Maybe no surprise here, but when it comes to worker productivity, the West is the best. And, really, it’s not even close, according to the latest chart from cost-estimating website HowMuch.net. As you can see below, the x-axis represents annual hours worked and the y-axis represents annual GDP per capita in U.S. dollars. Shades of blue […]
Source: Market Watch
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Norway most productive country in northern Europe
Category: Culture / Lifestyle
A report detailing productivity levels in over 35 countries says that Norway’s output per person has grown by 9 percent over the past year, despite the country having t one of the shortest working weeks. The second annual Global Productivity report, released by B2B marketplace Expert Market, reveals the workforces that bring the most back to the […]
Source: The Local
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6.8M US Jobs Directly supported by majority foreign-owned firms
Category: Financial / Investment
Statistics detailing the activities of U.S. affiliates of foreign multinational enterprises (MNEs) are now available from the U.S. Bureau of Economic Analysis. The statistics, which provide new data for 2015, as well as revised data for 2014, offer details on the activities of U.S. affiliates of foreign MNEs, including their employment and compensation, sales, value added, capital […]
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