The Dallas Fed's latest International Economic Update contains positive economic readings from emerging economies and some advanced economies, but more bad news for Europe. The most sharply positive news is in emerging economies, where industrial production keeps rising, and is now "close to or beyond the 2008 peak."
The picture for advanced economies is not as pleasant, but the recent positive growth in industrial production is reflective of an improving overall economic situation:
Read the full report here.
Posted
06-24-2010 6:06 AM
by
Graham Griffith
Filed under: recession, GDP, growth, india, Brazil, emerging economies, China, Europe, European economies, Dallas Fed, advanced economies, international economic update, industrial production