{"id":3744,"date":"2019-09-16T12:47:27","date_gmt":"2019-09-16T18:47:27","guid":{"rendered":"https:\/\/trends.ufm.edu\/en\/?post_type=articulo-semanal&p=3744"},"modified":"2019-09-16T23:15:36","modified_gmt":"2019-09-17T05:15:36","slug":"global-recession-spain","status":"publish","type":"articulo-semanal","link":"https:\/\/trends.ufm.edu\/en\/article\/global-recession-spain\/","title":{"rendered":"How Will the Global Recession Affect Spain?"},"content":{"rendered":"

The drums of recession can now be heard across the world. More and more leading indicators of economic activity point to a recession in the near future. At UFM Market Trends<\/a><\/em>, we have been warning of recession since the beginning of 2019. Now it seems that other economic analysts are agreeing with us.<\/p>\n

In a previous article<\/a><\/u>, we analyzed various indicators of a global economy and concluded that the global recession could come in six to twenty months.<\/p>\n

In this article we analyze whether a recession will affect the Spanish economy and whether Spain is prepared to face a new recession.<\/p>\n

Will Spain Go into a Recession?<\/h2>\n

If there is a global recession\u2014and as we argued in the previous article, the probability is increasing\u2014Spain will suffer and might enter a recession. Let\u2019s look at the leading indicators in Spain.<\/p>\n

First, Spain has grown the most among European countries since the last recession ended in 2013, especially since 2014, although Spain\u2019s decline in economic activity prior to 2014 was also much more pronounced. We can also see that the Spanish economy was growing much more rapidly than the Eurozone economy before 2009.<\/p>\n