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Title: EU Economy Grows more than USA, where productivity flip-flops... Post by: Breadman on August 14, 2010, 02:34:27 AM EuroZone's GDP Growth became Bigger than that of USA's, with a Difference of + 0,4 % more, ( + 1 % for Europe compared to only + 0,6% for the US), according to the latest Statistical News, while, almost at the same time, USA's Productivity Decelerates, droping -0,9% at the second Trimester of 2010. Mainly driven by Investment and Foreign Trade (particularly obvious in Germany), EuroZone's Growth looks oriented towards a Sustainable Future. Considering that a main Difference between the current European and American ways to get out of the Global Crisis consists in the fact that EU focuses exclusively on Investment and Innovation, , while USA follows a kind of Double-Track approach sharing its resources between Investment and Consumption, the Productivity and Growth indicators are particularly important in order to find out who is going to win the game by attracting more floating capital worldwide.. |