European Economy Improves, Slowly
Too early to celebrate
A trio of positive economic indicators released Thursday point to a very slowly reviving Europe, with encouraging news from the UK, Spain and Germany.
The UK's gross domestic product growth in the second quarter reached 0.6 percent, doubling the 0.3 percent growth for the first quarter, said the nation's Office for National Statistics.
All four chief sectors of the UK economy, as defined by the office to include agriculture, production, construction and services, showed increases over the first quarter. The service sector contributed the most, with a 0.6 percent boost.
Hide Comments (0)
Editor's Note: As of February 29, 2024, commenting privileges on reason.com posts are limited to Reason Plus subscribers. Past commenters are grandfathered in for a temporary period. Subscribe here to preserve your ability to comment. Your Reason Plus subscription also gives you an ad-free version of reason.com, along with full access to the digital edition and archives of Reason magazine. We request that comments be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of reason.com or Reason Foundation. We reserve the right to delete any comment and ban commenters for any reason at any time. Comments may only be edited within 5 minutes of posting. Report abuses.
Please
to post commentsMute this user?
Ban this user?
Un-ban this user?
Nuke this user?
Un-nuke this user?
Flag this comment?
Un-flag this comment?