Home / Knowledge / News / Investment growth higher in first quarter
Investment growth higher in first quarter
04
Jul '08
Dutch economic growth in the first quarter of 2008 was 3.3 percent on the same period last year. It was realised with one working day fewer than in 2007. This second estimate of economic growth is 0.2 of a percent point higher than the fist estimate published on 15 May.

The growth rates for the preceding three years are always adjusted in July, as more and better information has become available. Economic growth for 2005 and 2006 is higher than previously published, while the growth rate for 2007 remains unchanged, according to figures from Statistic Netherlands.

Slight upward adjustment:
The upward adjustment of economic growth for the first quarter is the result of higher estimates for production by the manufacturing and construction sectors. Production by government is slightly lower.

On the spending side, fixed capital formation and stocks formation are higher, while government consumption is lower. Also, both exports and imports of services are higher than previously estimated.

Quarter-on-quarter growth 0.4 percent:
Compared with the fourth quarter of 2007, economic growth was 0.4 percent in the first quarter of 2008 after correction for working-day and seasonal effects. The quarter-on-quarter growth is 0.2 of a percent point higher than in the first estimate published in May.

Economic growth for 2005 and 2006 adjusted upwards:
Economic growth for 2005 has been adjusted to 2.0 percent, 0.5 of a percent point higher than the previously published growth rate. The growth rate for 2006 has been raised by 0.4 of a percent point to 3.4 percent.

In both years consumption and fixed capital formation, but also net exports were higher than previously estimated. On the production side, manufacturing and commercial services produced more. Economic growth for 2007 remained unchanged at 3.5 percent.

Statistics Netherland


Must ReadView All

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search