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Economy

European Defence Industry Fights Back From Pandemic Lows

Source: https://huq.io/indicators/european-defence-industry-fights-back-from-pandemic-lows/

The European defence industry is making a strong recovery from the effects of the pandemic as worker activity reaches its highest level since the outbreak began. On-site staffing has reached over 70 percent of pre-Covid 19 figures, and are continuing to rise ahead of the wider European industrial sector.

During the first lockdown, activity in the industry slumped to just 10 per cent of normal levels has since climbed steadily towards recovery. This comes in contrast to other sectors – especially consumer – which remain suppressed. Validated by reports of better-than-expected manufacturing productivity from Eurostat, this strong performance is an example of good news in an otherwise challenged environment.

To learn more about the data behind this article and what Huq has to offer, visit https://huq.io/.

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Data is changing the speed of business. Investors, Corporations, and Governments are buying new, differentiated data to gain visibility make better decisions. Don't fall behind. Let us help.

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Advan provides hedge funds and institutional investors with unmatched insights into both foot and vehicle traffic to enable better investment decisions. Using precise, manual geofencing, it has the most extensive and accurate location data, available in seconds through an intuitive, self-service dashboard. Its institutional-grade analytics allow fast and actionable insights into customer behavior and corporate activity.

Advan is headquartered in New York City. For more information please visit www.advan.us