Is Europe Recovering Yet?

Europe Still Slowly Sinking

European Retail Trade

The latest data show that consumers in Europe as a whole seemed to have reached the steady state economy.  However, inside the Eurozone, retail spending continues to slide slowly.  Combined with the unemployment data, we can see that Europe continues to stagnate - it has not solved its fundamental problems, but nor has it slid into acute crisis.

Eurozone Retail Trade Down Again in Dec

October Retail Trade in Europe

European Shoppers Still in Funk

Eurozone Retail Spending Down Again in August

European Retail Trade

Euro Area Retail Trade Stats