Index Signals Continued German Economic Slide

Jan. 13, 2005
By John S. McClenahen Even as the U.S. economy begins to show some signs of a stronger economic recovery from recession, Germany, once Europe's driving economic force, continues to lag behind. The latest index of leading economic indicators for ...
ByJohn S. McClenahen Even as the U.S. economy begins to show some signs of a stronger economic recovery from recession, Germany, once Europe's driving economic force, continues to lag behind. The latest index of leading economic indicators for Germany compiled by the Conference Board, a New York-based business research group, fell 0.1% in May to 99.6 (1990=100). The index had risen 0.3% in April and fallen 0.5% in March. The leading index signals near-term economic direction. "The weakness in the leading index remains widespread," says the Conference Board.

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