New BDI Economic Report: German economy confident despite uncertainty

11/22/2012

In the midst of a difficult environment, the German economy continues to grow, though not at full throttle. After a significant jump in the first quarter, German GDP rose 0.3 percent in the second. The strongest impetus for GDP growth came from exports, though consumer spending also went up noticeably in the second quarter. Capital investment, on the other hand, fell during the first two quarters, meaning that domestic demand in this area did not drive growth at all in the first half of the year. Continue reading the BDI Economic Report here.