Moody’s Analytics, a leader in global economic forecasting, today
announced the launch of its European Regional Economic Forecasts,
covering more than 2,000 sub-national regions in 31 countries.
Moody’s Analytics updates its European Regional Economic Forecasts
monthly, using data obtained directly from national and local sources
that are more current than information offered through cross-border
aggregators. All data is harmonised to make forecasts directly
comparable across time and regions. The forecasts cover NUTS
(Nomenclature of Units for Territorial Statistics) regions 1, 2, and 3,
as well as metropolitan areas defined by Eurostat.
“Our European regional forecasts allow for comparison of regional
economic and business conditions throughout the continent – from
Frankfurt to Stockholm to Barcelona. This enables commercial real estate
firms, banks and other investors to better assess future demand and
manage their portfolios,” says Petr Zemcik, Director of European
Economics at Moody’s Analytics.
The forecasts carry the insights and expertise of Moody’s Analytics’
global team of more than 80 economists and 20 data managers, with
specialized skill in analysing and modelling regional economic trends.
Moody’s Analytics has developed full-scale forecast models that capture
the specific industrial structures and macro-economic trends of each
region as well as national economic performance. This allows for a more
accurate and comprehensive view of sub-national economic conditions than
conventional approaches to regional economic modelling.
Moody’s Analytics European Regional Economic Forecasts include
employment and labour market conditions for 20 industries, as well as
population trends, compensation, personal income, output, retail sales,
house prices and supplies.
For more information, visit Moody’s
Analytics European Regional Economic Forecasts.
About Moody’s Analytics
Moody’s Analytics helps capital markets and risk management
professionals worldwide respond to an evolving marketplace with
confidence. The company offers unique tools and best practices for
measuring and managing risk through expertise and experience in credit
analysis, economic research and financial risk management. By providing
leading-edge software, advisory services and research, including
proprietary analyses from Moody’s Investors Service, Moody’s Analytics
integrates and customizes its offerings to address specific business
challenges. Moody's Analytics is a subsidiary of Moody's Corporation
(NYSE: MCO), which reported revenue of $3.0 billion in 2013, employs
approximately 8,500 people worldwide and has a presence in 31 countries.
Further information is available at www.moodysanalytics.com.
Copyright Business Wire 2014