The outlook for the German economy remains bleak despite slightly promising data published on Tuesday, leading German economists agree. However, the adjusted year-on-year figure was German economists on Tuesday were quick to point out that the better-than-expected figure relied heavily on large orders, such as airplanes and ship building.
London CNN Business Germany's central bank is warning that the country could be slipping into recession. Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds.
Dusseldorf In the past months TimoCom's transport barometer continuously rose and indicated a freight - vehicle ratio of at the end of the 2 nd quarter. April already indicated the direction for the 2 nd quarter of the year: upwards.
Investors are in a fix. Anecdotal evidence suggests that the global financial crisis, triggered in the US, wiped out almost half of the Sensex and the Nifty value in a month. First of all, it will be wrong to compare the crisis with what we are seeing in And, any fall owing to external factors could lead to a big rebound once the economy starts to recover.
Last Friday the Labor Department put out a very solid monthly jobs report, and the media treated it accordingly: Employment increased byin June and hourly earnings rose by 2. Both are rising sharply on Monday as well. That may not seem like a big deal.
Germany's economy has been stalling since the summer, but on Wednesday data from Germany's statistics office showed signs of life. New manufacturing orders in September rose 1. Much of this was led by domestic orders and also orders from outside of the eurozone.
A trough, in economic terms, can refer to a stage in the business cycle where activity is bottoming, or where prices are bottoming, before a rise. The business cycle moves in five phases: expansion, peak, contraction, trough, and recovery. The trough is the bottoming process of moving from contraction, or declining business activity, to recovery, which is increasing business activity.
In economics, a recession is a business cycle contraction when there is a general decline in economic activity. This may be triggered by various events, such as a financial crisisan external trade shock, an adverse supply shock or the bursting of an economic bubble. In the United States, it is defined as "a significant decline in economic activity spread across the market, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales".