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    Eurozone Manufacturing Sees Record Growth in July Despite Weak Demand Across Member Countries

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    Home » Six F1 sprint races set for 2023, including one in the US and Belgium
    Sports

    Six F1 sprint races set for 2023, including one in the US and Belgium

    December 8, 2022
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    The Circuit of the Americas in Austin, Texas, and Spa-Francorchamps in Belgium will host their first sprint races on the Formula One calendar next season. AP reports that F1 had already committed to doubling the number of sprints from three to six and confirmed the hosts. Sprint races are held on Saturdays before the main Grand Prix a day later. A sprint race is held over a shorter distance and awards fewer points. It also sets the grid for the following day’s race.

    They were first trialed in 2021, and have been credited with attracting more television viewers to the race weekend in general. Qualifying is moved from Saturday to Friday when there is a sprint. Next year, the Sprints will be held in Azerbaijan (Baku City Circuit), Austria (Red Bull Ring), Qatar (Losail Circuit) and Sao Paulo (Interlagos).

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    Eurozone Manufacturing Sees Record Growth in July Despite Weak Demand Across Member Countries

    August 5, 2026

    Eurozone manufacturing output accelerated in July while new orders and exports stayed weak. The survey’s output index moved up to 52.9 from 51.7, reaching the highest point since March 2022. Production growth outpaced overall manufacturing activity, though companies relied heavily on orders received in previous months. New orders saw only marginal gains and lagged behind production. Export orders declined once more, with decreases in France, Spain, Italy, and Austria outweighing gains elsewhere in the currency bloc. As a result, July’s production increase was largely supported by existing order books. Factories reduced their backlogs at the fastest rate since January, completing existing orders. This reduction in unfinished work helped sustain output despite weak incoming demand. Additionally, manufacturers decreased employment again in July, continuing a period of job cuts across the sector. Companies maintained cautious staffing levels while order growth remained limited. Business confidence improved to its highest level since February, although it stayed below the long-term average among eurozone goods producers. Production Outpaces Demand Growth Continued weak exports remained a key obstacle to manufacturing recovery. Several major eurozone economies reported fewer orders from foreign clients. Gains in other markets were insufficient to offset these declines. Overall, domestic and export demand combined resulted in only a slight increase in new work, contrasting with the stronger rise in production and the faster reduction in outstanding orders. Factories entered the third quarter with higher production levels than new orders coming in. Despite ongoing disruptions related to the Middle East conflict, input price

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