Tag: Recession
Germany’s exports to China continue to collapse
Berlin, Beijing The end of the strict zero-Covid policy in China in December 2022 was celebrated not only by the local population. German export companies also hoped for better business.…
HDE consumption barometer Consumer confidence continues to grow
department store New economic data can at least be seen as a ray of hope for the retail trade. (Photo: AFP/Getty Images) Dusseldorf Slowly declining inflation and the sometimes very…
Number of unemployed falls to 2.544 million
Nuremberg, Berlin The number of unemployed in Germany fell to 2.544 million in May. That was 42,000 fewer than in April, but 284,000 more than a year ago, as the…
Germany’s economy has slipped into recession – these are the reasons
Berlin The German economy slipped into a recession in the winter. From January to March, gross domestic product (GDP) shrank by 0.3 percent compared to the previous quarter. This was…
What quarterly retail numbers reveal about the state of the US economy
Checkout at Walmart If the middle class also buys more from the discounter, that is a clear economic indicator. (Photo: AP) new York The quarterly season for US retailers is…
German economy slides into recession
Berlin The German economy slipped into a recession in the winter. Gross domestic product (GDP) shrank by 0.3 percent in the first quarter compared to the previous quarter. This was…
German economy slides into recession
freight trains The federal government expects GDP growth of 0.4 percent for the current year as a whole. (Photo: IMAGO/Jochen Tack) Berlin The German economy slipped into a recession due…
Economy in Europe will grow by 1.0 percent in 2023
container traffic The EU Commission slightly raised its growth forecast for the current year and next on Monday. (Photo: dpa) Brussels Europe will probably be spared a recession – despite…
Economy in Europe will grow by 1.0 percent in 2023
container traffic The EU Commission slightly raised its growth forecast for the current year and next on Monday. (Photo: dpa) Brussels Europe will probably be spared a recession – despite…
Is the recession coming?
woman in an office The Federal Statistical Office could correct the growth figures for the first quarter. (Photo: Stone/Getty Images) Berlin The dreaded R-word, it’s back. Germany could still slide…
Dax and MDax companies in the stress test – these key figures are what count
Berlin Inflation is high, credit is expensive and fears of a recession are ever-present: German companies will have to contend with a whole range of challenges in the coming quarters.…
Cautious optimism among consumers
retail trade The people in Germany expect a positive development both for the economy and for their individual income. (Photo: dpa) Dusseldorf Optimism can sometimes be contagious. Despite the increasing…
Markets bet against central banks – which scenarios are now possible
Frankfurt In the next few days things will happen in quick succession: the US Federal Reserve (Fed) will start what may be its last interest rate hike on Wednesday, and…
US economy grows less than expected in the first quarter
Battery manufacturing in Alabama In the USA, new figures on economic development have been presented. (Photo: Mercedes-Benz AG) new York The US economy unexpectedly lost momentum in the first quarter.…
The deputy editor-in-chief’s weekly recap
Good morning everyone, I don’t know about you, but my pulse doesn’t automatically beat faster when we say in the conference: “Today we are doing something about the inverted yield…
How likely is a recession?
Traders on the New York Stock Exchange The bond market is signaling an economic slump, triggered by the interest rate hikes by the central banks. (Photo: Reuters) Dusseldorf A surprising…
Farewell to Everest: EY cancels split
Good morning, dear readers, maybe it’s just not a good idea to name a project after a mountain that, according to US statistics, about one in three attempted climbs fail.…
Germany has to get used to modest economic growth
Germany snail According to estimates by the Leibniz Institute, annual growth of 0.7 percent is only the medium-term potential of the German economy. The German economy is expected to grow…
Recession fears after US economic data weigh on Wall Street
Frankfurt Rekindled fears of a recession after the latest US economic data pushed Wall Street into the red on Tuesday. The Dow Jones index of standard values closed 0.6 percent…
Leading institutes no longer expect a recession in 2023
Freight train with new cars The leading economic researchers no longer expect the German economy to shrink in 2023. (Photo: IMAGO/imagebroker) Berlin The leading economic research institutes are no longer…