Rising Demand Confirms That World Growth is Picking Up

In 2008, Europe had a historically bad financial crisis. Recently, however, things are beginning to look up. Euro zone businesses are doing quite well. They have now posted two of their finest months of financial success in quite some time. The number of orders received has increased. This means that demand is high, and that the Euro zone will be able to sell the supply at a tidy profit.

Around the world, financial recovery isn’t going terribly well. The United States is slowly recovering on the back of a bond-buying program. India is still struggling to recover. The only nation that is really excelling economically is China.
In the Euro zone, however, some nations are doing better than others. Germany is excelling in terms of PMI, whereas France is struggling. Even with some nations struggling, the Euro zone as a whole is improving, and business is optimistic.
India’s struggles are sad news for the Asian economy, as India was the third largest player. The rupee is at record lows, but the PMI is still increasing. The real shame is that India is recovering so slowly, not that they aren’t recovering at all. In terms of a global economy, slow grow looks like no growth when money is tight. Still, any progression is good and the global economy is being rebuilt.

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