In the US the order intake of durable goods has increased slowly since March 2009 |
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Today’s Comment In the US the order intake of durable goods has increased slowly since March 2009. We expect a very moderate rise in new orders in January. In Germany, unemployment only rose for the second time over the past six months. As various schemes expire, we expect unemployment to rise again. In Japan, industrial production has increased considerably for ten months on end, but there is still a long way to go. The increase in exports – particularly to China and the rest of Asia – is
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