by Stuart Burns on April 5, 2012
Style: Commentary
Category: Macroeconomics, Public Policy
Keywords: China, Europe, France, Greece, Natural Gas, Oil, PMI, Spain, US
Continued from Part One. Across Europe, figures understandably vary. Whereas Germany and France’s jobless rates held steady at 5.7 percent and 10 percent, respectively, Spain’s hit 23.6 percent in February, up from 23.3 percent in January and Greece’s was at 21 percent in December — since then, the authorities have been unable or unwilling to [...]
Although profit margins for US manufacturing corporations seem to have fallen off the past couple quarters after consistent rises since the aftermath of the Great Recession (seen above), the US manufacturing economy overall is still trucking. Going by one of the most prominent indicators across industries — the Institute for Supply Management’s PMI figure — [...]