Monday, March 21, 2011

European Leading Indicators & Hard Facts

Economists at Goldman Sachs look at their leading and coincident indicators:
Our survey-based GDP tracker now points to a +0.8% qoq expansion in early stages of Q1. Our leading indicators of IP is signalling a pick-up in industrial momentum.

Click on charts to enlarge, courtesy of Goldman Sachs.

And here are the hard facts of recovery as measured by industrial production.

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