For the last twenty five years or so, in its rush to modernize, China has stressed Investment and Exports over Consumption. 2011 was the first year in which consumption as a percentage of GDP exceeded that of Investment 49.2% vs 48.2% [...]
Introducing
Louise Curley
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Publications by Louise Curley
Global| Nov 20 2012China's First Steps Toward More Consumption
- Global| Nov 19 2012
Japan: Election Issues, December 16
Deflation continues to plague the Japanese economy. In real terms, GDP declined at a seasonally adjusted annual rate of 3.5% in the third quarter. In nominal terms the decline was 3.9%. When the price level declines, real increases in [...]
- Global| Nov 13 2012
OECD Leading Indicators
The Composite Leading Indicators of the OECD (Organization for Economic Cooperation and Development) were published today. Besides the official 34 member countries from Europe, North and South America, Australia, New Zealand, and [...]
- Global| Nov 06 2012
Euro Area Woes Affecting German Manufacturing Outlook
German manufacturing is beginning to be seriously affected by the slow downs in other euro area countries. German Manufacturing and Mining Sales declined 2.9% in September from August and were 2.5% below September of a year ago. New [...]
- Global| Nov 05 2012
Purchasing Managers in Asia and the British Isles
Final composite diffusion indexes of purchasing managers for October are beginning to appear. Today, Ireland and the U. K. in Europe were heard from, as well as from Japan, India and China in Asia. Purchasing managers in Ireland were [...]
- Global| Oct 22 2012
Japanese Exports Big Year to Year Decline
The disastrous earthquake and tsunami of March, 2011 disrupted Japan's foreign trade in goods for more than a year as the loss of production curtailed exports and increased imports. But so far there has not been a return to [...]
- Global| Oct 16 2012
China's Exports Rise in September, but Exporters Wary
China's e merchandise trade exports rose 3.4% in September from 168.6 Bil US$ in August to 174.3 Bil US$ and were 10.2% above September, 2011. The good news was dampened by an article on the front page of today's Financial Times, [...]
- Global| Oct 16 2012
Sentiment Improves in German Financial Community
The October ZEW survey of the German financial community showed that the 288 financial analysts and investors who participated in the survey have become less pessimistic. The excess of pessimists regarding expectations for the economy [...]
- Global| Oct 09 2012
A Sample of Diverse Trends in Industrial Production
A diverse group of five countries reported August Industrial Production data over the last couple of days. They were Indonesia, Turkey, Germany, the Netherlands and the United Kingdom. Their Industrial Production data are shown in the [...]
- Global| Oct 08 2012
OECD's Composite Leading Indicators
The OECD's August Composite Leading Indicators, (CLIs) published today and shown in the Haver data base, OECDMEI, are further evidence of the world wide slow down in economic activity. There were declines in the composite leading [...]
- Global| Oct 01 2012
Manufacturing PMIs Give Little Hope
The overall September Purchasing Managers Survey for manufacturing improved slightly from 48.07 in August to 48.96 in September. (Values above 50 represent expansion while values under 50 represent contraction.) Most countries [...]
- Global| Sep 25 2012
Poland Updates
Haver's updates today include several for Poland. Most of them show that the Polish economy, that had outperformed many of its Eastern European neighbors, is now continuing to slow down.The index of industrial production has [...]
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