Government spending – Government spending | ECSA Chemicals

Economic scenario - Government spending

Economic analysis for the market of chemicals and raw materials

Economic scenario - Government spending

Economic analysis for the market of chemicals and raw materials

APRIL 2021

Government spending

In 2020-Q4, most selected European countries have raised government spending compared to the previous year, likely reflecting the impact of the measures implemented to alleviate the negative effect of the pandemic crisis. A noteworthy exception is France which, after a substantial increase in public spending in 2020-Q3 (+15.5%), decreased government spending slightly in 2020-Q4 (- 0.3%). Unlike European countries, the United States exhibits a decrease in government spending, both compared to 2020-Q3 and 2019-Q4.

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