Wednesday, September 26, 2012

Global Export Growth Has Collapsed

This graph illustrates the sudden decline in global economic growth.  There was a huge collapse at the onset of the financial crisis.  It recovered rather rapidly but it has be declining since its prior peak.  It is approaching negative territory today.  The decline in global export growth shows the interdependence of the the global economy.  Weakness in one major area quickly translates into global weakness.

No comments:

Post a Comment