German GDP growth

Meaningful Data from Abroad and a Paralyzed U.S. Federal Government

November 22, 2019

Today’s main dollar move has been a 0.4% rise against sterling. Provisional U.K. purchasing manager survey results from November revealed surprisingly weaker-than-expected developments. The composite PMI fell 1.5 points to a sub-50 reading of 48.5, lowest since July 2016 or, that is, right after the infamously ill-advised Brexit referendum. Both manufacturing (48.3) and services (48.6) […] More

German Real GDP

January 15, 2015

Real economic activity expanded 1.5% in 2014 following minuscule gains of 0.4% in 2012 and 0.1% in 2013.  Growth last year was led by a 1.1% rise in personal consumption, which accounted for 40% of the overall growth rate.  Business spending on machinery, equipment and construction rose about 3.5% and accounted for 0.5 percentage points […] More

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