Abstract A lot of questions are being asked in these past few months on “where the Lebanese economy is headed; or how critical is it this time?”, given the prolonged political impasse still ongoing which ... read more
With a reading of 45.6 in August, the BLOM Lebanon Purchasing Managers’ Index (PMI) remained well below the 50 neutral- mark. The subdued PMI figures continue to reflect the precarious state of the ... read more
The Real GDP Growth appears to be declining in the third quarter of the year following the disappointing PMI reading in July compared to the previous months. The BLOM Lebanon Purchasing Managers’ Index ... read more
The BLOM Lebanon Purchasing Managers’ Index (PMI) registered 46.4 in May 2018 compared to 46.2 in April 2018. The activity at Lebanese Private Sector businesses remained subdued in May with surveyed ... read more
A version of this article appeared in the print edition of The Daily Star on May 31, 2018, on page 4. The parliamentary elections are over, but the economic challenges facing Lebanon are still there ... read more
Abstract The substantial delay in publishing national accounts (namely the Gross Domestic Product, GDP) and thus economic growth (g) in developed and developing countries cripples financiers’ and ... read more
The BLOM Lebanon Purchasing Managers’ Index (PMI) stood at 46.2 in April 2018, its lowest level of the year so far. The index was weighed down by a faster deterioration in the levels of output and ... read more
Business conditions failed to maintain their momentum in March and revealed a worsening business activity amongst companies in the private sector. Levels of Output and New Orders contracted at a faster ... read more
Over the month of February 2018, business activity at the Lebanese private sector witnessed a slower slowdown as a result of smoother drops in Output and New Orders. This led the BLOM Purchasing Managers’ ... read more
The most common metric used to measure or assess the size and health of an economy is the Gross Domestic Product or GDP. According to the expenditure approach, GDP = C+I+G+NX, where C represents ... read more
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