The current global economic slowdown may descend into something more serious if manufacturing drags services down with it. Fortunately, there are reasons to think that the spillovers from the industrial slump will continue to be limited, at least during the rest of 2019. But there are significant risks ahead, and services could of course underperform our expectations for reasons largely unrelated to manufacturing.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services