Attention Economy


Monday, December 3, 2012

Global Economic Conditions – An Update


Global Economic Conditions – An Update

Global Manufacturing Survey data suggests that the recent slowdown in the global economy was more likely a result of key regions hitting a soft patch, and, not an indication of a worldwide recession.

An interesting note from Neil Irwin of Washington Post:
“… This is a run-of-the-mill recession in Europe, not an all-out economic collapse. The weakness in China and other emerging Asian economies is more a soft patch than an end to two decades of rip-roaring growth. If those trends hold up, then exports to the rest of the world can be a strength for the United States in 2013, rather than a drag.”