The big thing that would surprise people in Europe this year is growth.
And there's more evidence that there's some kind of pulse beating.
Last week after some decent PMI number, Goldman raised its 2012 GDP outlook from -0.8% to -0.4%.
The latest: German factory orders jumped 1.7% sequentially, nicely ahead of the 1.0% consensus.
Here's a great chart of German factory orders vs. industrial production, courtesy of Markit.
Please follow Money Game on Twitter and Facebook.
Join the conversation about this story »
See Also:
- Here Are The Key Market Moving Events For Thursday, February 2, 2012
- Philly Fed's Plosser Sees 8% Unemployment By The End Of The Year
- Are Swiss Watch Sales Showing That The Economy's Rolling Over?