The Dutch economy, most distinguished around the world by its famous shipping hubs like Rotterdam, grew 2.9 per cent on a year-over-year basis during the fourth quarter of 2017, according to Statistics Netherlands. Although some of the nation's economic indicators did not move or slightly declined, the bigger picture for the Netherlands remained positive.
Last year's growth has carried over into the first quarter of 2018. Due to increases in purchase volume for cars, machinery and appliances, the nation's exports rose 4.2 per cent in February 2018 year-on-year, while investments shot up 12.1 per cent for the same stretch of time in January. Additionally, manufacturing, which experienced a massive surge in January, continued that strong performance in February with a 4.2 per cent uptick in average daily output.
Consumption of goods on a household-by-household basis did not rise at as robust a rate, experiencing 0.7 per cent growth year over year during January 2018. Also, consumer sentiment among citizens of the Netherlands remained steady at a level the Dutch statistics agency described as "slightly more positive," with equivalent willingness to buy.
However, the outcome of one major Netherlands economic gambit remains to be seen: According to Business Day, lobbyists sanctioned by the Dutch government have moved en masse to negotiate with European Union companies that plan to exit the U.K. when Britain leaves the EU in March 2019. By moving now, they aim to attract as much business as possible.