The Transatlantic Economy 2017

Annual Survey of Jobs, Trade and Investment between the United States and Europe

Daniel S. Hamilton, Joseph P. Quinlan
Release Date: March 21, 2017

The Transatlantic Economy 2017 annual survey 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.

Questions loom over the transatlantic economy in 2017. The very foundations of the transatlantic partnership have been rocked by the UK’s decision to quit the European Union (Brexit) and the advent of a new U.S. Administration at a time when both sides of the Atlantic are besieged by a daunting array of challenges. “Business as usual” will not be an adequate response. Nonetheless, key sectors of the transatlantic economy are integrating as never before, underpinning a multi-trillion dollar economy that generates millions of jobs on both sides of the Atlantic.

The Transatlantic Economy 2017 explains what Brexit means for the transatlantic economy, how the digital economy is becoming a driver of the economic relationship, and suggests how decision-makers can address current opportunities and challenges.

The Transatlantic Economy 2017 provides key insights about the United States and Europe in the global economy, with often counterintuitive connections with important implications for policymakers, business leaders, and local officials.

Joseph P. Quinlan is a senior fellow at the Center for Transatlantic Relations and Managing Director and Chief Market Strategist at U.S. Trust, Bank of America Private Wealth Management. In this role, Joe oversees the development and implementation of macro investment strategies, with a particular focus on U.S. sector strategies, the emerging markets and developed markets. He is also responsible for the firm’s global thematic research. His research centers on both the United States and the global economy, and is frequently cited in such media venues as Barron’s, The Wall Street Journal, and the Financial Times.