Is the economic recovery now, or should we wait for the second half of 2022?

| |

End of recession, economy should rebound sharply in 3th trimester. The recovery is underway, however it is not before the end of 2022, and well after the presidential election, that France will return to the level of GDP in 2019. The recovery promises to be bitter.

La Défense district
La Défense district – Antoni / PUNTOSTUDIOFOTO Lda –

The American economy has never created so many jobs as in June 2020. Despite an increase in new cases of Covid-19, the Department of Labor counted 4.8 million additional jobs last month, a historic record , thanks in particular to the reopening of shops, bars and restaurants. In France, new car registrations, which had continued to plummet since March and until May, rebounded last month when 233,818 new vehicles were put on the roads. Admittedly these purchases are explained for a good part by the exceptional premiums set up by the government and they are very far from compensating for the losses of the previous months, but the car market operated a U-turn. The registrations of June 2020 are even slightly higher than in June 2019, notes the Committee of French Automobile Manufacturers (CCFA).

American employment and car sales in France are emblematic of signs of improvement

This article is for subscribers only. You still have 85% to discover.

Subscribe: € 1 for 2 months

Cancelable at any time



Neglected tropical diseases: Buruli ulcer and sleeping sickness

Macron rebuilds: French government resigns


Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.