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The German economy is in a downward spiral. The recent price jumps for electricity and gas will reduce the purchasing power of private households and lead to a decline in private consumer spending. In addition, the slowing world economy will dampen not only exports but also investment activity....
Persistent link: https://www.econbiz.de/10013435505
The global economy has expanded at a very moderate pace so far in 2023, but stayed clear of the recession predicted by many for the advanced economies as a result of the massive tightening of monetary policy. In the United States in particular, the economy is proving surprisingly robust. By...
Persistent link: https://www.econbiz.de/10014448411
The German economy is not getting off the ground. The signs of a beginning recovery that were observable a few months ago have not materialized. Leading indicators now are signaling that economic output will continue to stagnate for the time being. The manufacturing industry is in recession and...
Persistent link: https://www.econbiz.de/10015071234