» Business Cycle Indicators: Mixed Messages in Economic Data Decision Economics

Business Cycle Indicators: Mixed Messages in Economic Data

Posted September 19, 2012 by rvillareal

Global Indicators

        GDP forecasts for 2012 have stabilized, but risks tilt to the downside on Eurozone anxieties.

        Global PMI data have edged downward with U.S., China, Eurozone all showing sub-50 readings.

        Periphery spreads in the Eurozone have narrowed on optimism of the new backstop program, the OMT.

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