Entries from Chemicals & The Economy tagged with 'industrial production'
Recession may now be very close
German Chancellor Merkel's recent comment that "I don't see anything which signals a recession in Germany" is just one sign of the current complacency about the global economy within the Western political elite. Long-standing readers will remember Profs Eichengreen and...
World trade falls in line with Great Depression trend
Last June, the blog noted research by Profs Eichengreen and O'Rourke that compared the current Crisis to the Great Depression. They have now updated their work to February 2010, 22 months after the Crisis began. The positive news is that...
OECD Indicators paint a confusing picture
Leading indicators are useful reference tools, but sometimes they can also mislead. The chart above, from the ACC's excellent weekly report, seems to provide a good example of this problem. The blue line shows the official Leading Indicator for the...
Industrial output decline follows Depression trend
Sweden is an influential adviser on credit crunch issues. This is because of the lessons it learned during its own major banking collapse in the early 1990's, which has close parallels with today's global crisis. Its central bank argues that...
Germany's industrial orders collapse 29%
There is little justice in today's recession. Countries that saved hard, and avoided reckless lending, are seeing their economies collapse as fast as those that spent as if there was no tomorrow. Thus Germany is now following the path already...
Eurozone manufacturing 'in recession'
Industrial production is the key indicator for chemical sales. And it appears a significant decline is now underway in manufacturing. The chart shows August's purchasing manager indices (PMIs) for most of the major countries/regions. India, Switzerland, Greece and Brazil...
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