Insights

CHARTS  |  MARCH 2017
Light at the End of the Tunnel in the Euro Zone?
Optimism is improving for the euro zone economy.

Since 2009, the euro zone has been marred by slow economic growth, political upheaval and general uncertainty. However, consumers climbed the wall of worry despite these issues, propelling euro-zone retail sales above prerecession highs in 2016. Similarly, economic sentiment improved in the latter stages of the year and registered the highest level of optimism since 2011. The positive momentum in the euro-zone economy may provide growth opportunities for companies that operate in Europe, especially those that are positioned to take advantage of rising consumer demand.