Transatlantic Economy 2023
by Daniel S. Hamilton and Joseph Quinlan
20th Anniversary Edition
Full report available here
The Transatlantic Economy 2023 offers the most up-to-date set of facts and figures describing the deep economic integration binding Europe and the United States. It documents European-sourced jobs, trade and investment in each of the 50 U.S. states, and U.S.-sourced jobs, trade and investment in each member state of the European Union and other European countries. It reviews key headline trends and helps readers understand the distinctive nature of transatlantic economic relations.
The transatlantic economy has proven to be remarkably resilient in the face of multiple headwinds, including the Covid-19 pandemic, Russia’s war on Ukraine, massive energy transformations, inflationary and recessionary pressures, supply chain disruptions, and ripples generated by China’s activities. Key sectors of the transatlantic economy are integrating as never before, underpinning a multi-trillion-dollar economy that creates millions of jobs on both sides of the Atlantic.
The Transatlantic Economy 2023 explains international support for Ukraine and sanctions against Russia, major shifts in the transatlantic energy economy, how digital connections drive economic ties, and why transatlantic commercial bonds matter for producers, consumers, workers, innovators, investors, and communities.
The Transatlantic Economy 2023 offers key and often counterintuitive insights into the role of the United States and Europe in the global economy that have important implications for policymakers, business leaders, and local officials.
List of Chapters:
Chapter 1 – Remarkably Resilient: The Transatlantic Relationship in 2023
Chapter 2 – Jobs, Trade and Investment: Enduring Ties that Bind
Chapter 3 – Decoupling, Derisking and Diversifying: Rethinking Russia, China and Global Supply Chains
Chapter 4 – Transatlantic Energy Transformations
Chapter 5 – The Digital Drivers of the Transatlantic Economy
Chapter 6 – The 50 U.S. States: European-Related Jobs, Trade and Investment
Chapter 7 – European Countries: U.S.-Related Jobs, Trade and Investment
Appendix A – European Commerce and the 50 U.S. States: A State-by-State Comparison
Appendix B – U.S. Commerce and Europe: A Country-by-Country Comparison