Thursday, June 14, 2012

Industrial Production In Europe

This article provides charts that show industrial production in Europe by country and by Europe as whole. Growth has slowed down even in Germany.  European growth, excluding Germany has been very weak.  That may explain the slow down in Germany.  The slow growth outside of Germany may be affecting German exports.  The US is growing too slow to reduce unemployment significantly, but it has been helped by fiscal and monetary stimulus. Austerity in Europe is part of its economic problem.  The debt to GDP ratio will continue to increase without economic growth.

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