Este trabajo documenta el comportamiento agregado de las empresas no financieras en las principales economías de la zona del euro y lo compara con el de Estados Unidos a partir de la información de las Cuentas Nacionales Sectoriales y las Cuentas Financieras. Encontramos diferencias muy...

Artículo de revista ; Central Balance Sheet Data Office Annual and Quarterly Survey data point to a continuation of the recovery in non-financial corporations’ activity, both in 2017 and in the first nine months of 2018, giving rise to growth in ordinary profit and employment in the majority...

Artículo de revista ; The activity of non-financial corporations remained on an upward trend in 2018, leading to overall increases in ordinary profit (ordinary net profit grew by 5%, up 0.3 pp from 2017) and employment, which were also seen in most sectors and firms. As a result of the good...

Artículo de revista ; On information from the Banco de España Central Balance Sheet Data Office Quarterly Survey (CBQ), activity at non-financial corporations remained expansionary in 2019 Q1, although some indicators point to a certain degree of deceleration. Employment continued to rise, but...

Artículo de revista ; The information for the sample of firms reporting to the Central Balance Sheet Data Office Quarterly Survey evidences that in the first three months of 2021 firms’ activity continued to contract compared with 2020 Q1. However, it did so at a far slower pace than a year...

Artículo de revista ; The information for the sample of firms reporting to the Central Balance Sheet Data Office Quarterly Survey (CBQ) evidences that in 2021 H1 firms’ activity clearly recovered, partly reversing the sharp contraction in 2020. Thus, between January and June 2021, ordinary...

Artículo de revista ; This article describes the economic and financial performance of Spanish non-financial corporations in 2020, a year marked by the impact of COVID-19. According to the information available in the Central Balance Sheet Data Office integrated database, the crisis severely...

Artículo de revista ; Since summer 2020, resident banks’ lending to non-financial corporations has been sluggish. In the wake of the impact of the health crisis, this has been against a backdrop of weak demand, a relatively steady supply of bank lending and an increase in financing obtained...

Artículo de revista ; Data from the Central Balance Sheet Data Office Quarterly Survey (CBQ) show that corporate earnings and activity increased significantly in 2021. However, the recovery was dampened in Q4 at the firms most exposed to rising energy costs. Against this background, average...

Artículo de revista ; The Central Balance Sheet Data Office Quarterly Survey (CBQ) data show that corporate earnings and activity continued to recover in 2022 Q1. Against this background, average profitability levels increased relative to the same period in 2021, but remained below pre-pandemic...