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Major Economic Trends: All Downbeat

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The Eurozone economy appears to have stabilized towards the end of Q2, after growth cooled sharply in Q1. Industrial production rebounded strongly in May and the composite pmi rose in June, ending a streak of downbeat economic data. In addition, the unemployment rate remained at a near 10-year low in May.

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The Greeks (2%) and Italians (3%) are the most downbeat about current economic conditions. Again, this is hardly surprising. Italy fell back into recession in the first half of 2014 and Greece’s economy continued to shrink.

The Money Supply trends suggest more weak economic growth for the Euro area and UK.. as a major drag on GDP. Money Supply. The downbeat mood created by the news above was not lifted by this from the European Central Bank or ECB.. I guess as the economic levers are all pulled to the stops.

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U.S. business executives aren’t all smiles these days. All the major forecasts for. just as a terribly weakened U.S. economy was exiting the Great Recession. These indexes are generally pretty good.

gold, crude oil prices may fall on downbeat imf forecast update An updated IMF World Economic Outlook might take center stage from here. The fund is likely to slash global growth forecasts further.

Australia Economic Outlook. In July business confidence ticked up; the unemployment rate inched down to an almost six-year low; and consumer confidence jumped-due to the income tax cuts which came into effect on 1 July-and remained upbeat in August. The economy appears to have performed strongly in Q2, with momentum underpinned by rising non-mining.

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All-time high: Reno housing sets another record as median price breaks 0,000 mark

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