Global industry forecast update: Momentum is building

After two years of relatively sluggish activity we see signs that the worst has passed for global industry. Join our global industry team to get the latest on why we think the turnaround is imminent and in which regions and sectors it will be most keenly felt. Major themes include Europe, which has dug itself into a deep hole with respect to manufacturing activity over the past year, and why we think it on the verge of turning the corner back to growth and how US industry is expected to cope in and after what is expected to be a closely-fought and volatile election year.

In the Asia-Pacific region we will discuss how Japan is dealing with the aftermath of the Daihatsu production line scandal that seriously dented Q1 industrial output and the extent to which China can continue relying on manufacturing sector output to boost overall growth amidst a volatile global environment, the threat of tariffs, and persistent worries around overcapacity.

Jeremy Leonard

Managing Director of Global Industry Services

+44 (0) 207 910 8032

Jeremy Leonard

Managing Director of Global Industry Services

London, United Kingdom

Jeremy Leonard is responsible for overseeing the work of the industry forecasting team and managing the operation and output of Oxford Economics’ Global Industry Model as well as related consultancy work.

Jeremy’s knowledge and past experience span a broad range, including competitiveness and offshoring/reshoring, commodity price modelling, and applied economic research on sectors ranging from biotech to heavy manufacturing to telecoms. In addition to numerous recurring bespoke sales and output forecasts for industries as diverse as machine tools and consumer packaging, recent consulting assignments have included the drivers of competitiveness in the chemical sector, forward-looking analyses of high-growth sectors across a range of emerging economies, and the ways in which digital technologies are transforming economic activity across manufacturing and service sectors.

Prior to joining Oxford Economics, Jeremy ran his own consulting firm based in Montreal, Canada providing a variety of economic analysis and forecasting services related to commodity prices, competitiveness, and the Canadian and US economic outlooks for the Washington, DC-based Manufacturers Alliance for Productivity and Innovation, as well as serving as economic research director for the Montreal-based Institute for Research on Public Policy.

Born and raised in Washington, DC, Jeremy was educated at the University of Pennsylvania and McGill University, where he received his MA in Economics summa cum laude. He also speaks fluent French.

Nico Palesch

Senior Economist

+44 203 910 8000

Nico Palesch

Senior Economist

London, United Kingdom

Nico is a Senior Economist within Oxford Economics’ Global Industry Service where he is responsible for monitoring and forecasting developments in the transportation & logistics sector, writing industry-related reports and research notes on sector-specific and cross-sector themes and issues, overseeing and expressing the house-view on industrial developments in our monthly publications, and working on bespoke consulting projects.

Nico holds a BSc Joint Honours Political Science and Economics from the University of Ottawa and an MSc Economics from the London School of Economics and Political Science, achieved with distinction.

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