Home » Archive

Articles Archive for 12 May 2010

Economy, Featured »

[12 May 2010 | posted by: Cheri Davis Youmans | Comments Off | ]
The First Quarter Shows Economic Growth in Germany Beating Forecasts

Europe’s largest economy is Germany. The first three months of this year shows Germany beating forecasts of no growth by expanding 0.2%. Analysts were predicting that the German’s GDP would be stale coming into the beginning of 2010. But the Germans proved them wrong.
The fourth quarter numbers were also revised to show 0.2% of growth. This means the gross domestic product contraction has been cut to 4.9%. After four quarters of shrinkage, in 2009 Germany started coming out of the recession.
Germany had a harsh winter which prevented construction activities. …