Oxford Economics

Pacific Northwest: Leading Economic Growth 📈 Curious about the economic future of the Pacific Northwest? Our analysis shows the region will outpace the US for GDP growth through 2028, driven by robust tech and manufacturing sectors. Seattle, Portland, and Boise will lead with strong labour markets and attractive living conditions, despite challenges like Boeing's issues and slower e-commerce growth. Read the full report: https://okt.to/3bVBod #PacificNorthwest #EconomicGrowth #TechIndustry

Here are the key winners poised to benefit from data centre growth ✔️Upstream markets: tech hardware, tech software, industrial equipment and construction. ✔️Downstream markets: information, professional & business services, finance, insurance and real estate sectors. Uncover more opportunities and risks around data centres in our latest report: https://okt.to/rg5yE6

We're diving deep into the wonders of nature in our latest Greenomics podcast – Ep. 12 | Beyond Climate: Exploring Nature-Related Risks for Businesses. But first, let's test your eco-knowledge... Which one of these statements is a lie? 1️⃣ Biodiversity hotspots represent just 2.5% of Earth's land surface but support more than half of the world's plants, species, and endemics, meaning that they don't exist anywhere else. 2️⃣ Coral reefs support an estimated 25% of all marine species, despite covering less than 1% of the ocean floor. 3️⃣ 5% of global greenhouse gas emissions are generated by land clearing, crop production, and fertilisation. Comment below with your guess, then tune into our podcast to explore the intricate links between nature and business risks. https://okt.to/2Lqb1D

Beyond the Podium: How Switzerland Profits from the Paris Olympics Major sporting events affect Swiss GDP. The IOC, FIFA and UEFA are all located in Switzerland. Their revenues and the surge in activity and spending related to ticketing, licensing and broadcasting for the Olympics, the World Cup and the Euros usually raises Swiss GDP growth by up to 0.5ppts in years with the Winter Olympics and World Cup. Adjusting for the revenues generated from these major sporting events, we project Switzerland’s GDP growth to be 1.2% this year. Switzerland is one of the 200+ economies we cover under the Global Macro Service. To request a free trial to uncover more insights, click here https://okt.to/v3GN9J To read more analysis on the Olympics, visit our topic page: https://okt.to/nIPDBe #ParisOlympics #Switzerland

Are we paying enough attention to nature-related risks? Nature is facing a crisis, just like climate, but it hasn't received the same publicity. In this episode, we dive into what 'nature-related risks' truly mean and how biodiversity, ecosystems, and natural resources impact business operations and sustainability. Join Sarah as she talks with Caroline Vexler, Nature Principal at the European Bank of Reconstruction and Development, and Oxford Economics' nature experts Jake Kuyer and Carina Manitius. Discover insights, strategies, and real-world examples on navigating and mitigating nature-related risks to enhance resilience and profitability in a rapidly changing world. https://okt.to/ERi9Ms #Sustainability #Biodiversity #NatureRisks #BusinessResilience

The invisible team: Public service broadcasting’s role in sports and the economy Hundreds of millions of us around the world have been watching the Paris Olympics over the last week. And public service broadcasting has been crucial in making this possible. Our research for the European Broadcasting Union (EBU) highlights how public service media's coverage of sports events leads to increased viewership, driving advertising revenue and sponsorship deals. This financial influx supports local businesses and job creation. Additionally, the global exposure of host cities enhances their international profile, attracting future investment and tourism. And it doesn’t stop here. Publicly accessible sports coverage has a role as a catalyst for community pride and social cohesion, and encourages local participation in sports and healthier lifestyles. Download the full report to find out more: https://okt.to/gsHoSY Read more about the economics of the Olympics: https://okt.to/927lWN #ParisOlympics #Broadcasting #EconomicImpact

Why is Saudi Arabia's GDP expected to rebound despite a Q2 slump? 📉 Saudi Arabia: GDP down 0.4% in Q2 due to an oil slump. Despite this, a 1.5% growth is expected this year with rising non-oil activity. 🤝 UAE & Morocco: A new deal enhances non-oil trade and renewable energy, positively impacting the UAE’s trade balance. This deal boosts non-oil trade and renewable energy, positively impacting the UAE’s trade balance ahead. Sign up for our latest insights: https://okt.to/xYi427 #MENA #EconomicGrowth #RenewableEnergy

Six lessons we learnt from the last six years of the US-China trade war... With further tariff increases on US imports from China under review and potentially more to come after November’s elections, we take this opportunity to examine the key lessons from the US-China trade war. We estimate a 1 ppt rise in US tariffs cuts imports from China by 2.5%. So far, the impacts of tariffs on US GDP and inflation have been small but future tariff increases could multiply these impacts by several times. Download our latest report: https://okt.to/NMSsrJ #tariffs #USEconomy #China

How much is a Paris Olympic gold medal worth? We estimate that the value of each gold medal during the Paris Olympics is more than a thousand USD – specifically US$1,027 – while silver and bronze medals are worth US$535 and US$4.6, respectively, excluding the value of the Eiffel Tower piece of iron in the centre. By the next two Olympics, these gold medals will be worth considerably more. Read more in our latest blog: https://okt.to/k625xz This value estimation is backed by our Global Commodity Service. Request a free trial at: https://okt.to/J3TFZX #ParisOlympics #Commodities

Vision 2030 is moving along just fine! Despite potential project downscales, Saudi Arabia's Vision 2030 remains on a positive trajectory. Finance Minister Mohammed Al Jadaan assures that the commitment to economic diversification is unwavering. 🔗Read the full article on Vision 2030 here: https://okt.to/M7SnWc #Vision2030 #SaudiArabia #EconomicGrowth #Diversification