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Monthly consumer confidence in the UK, Italy, France and Germany: 2007-2008
idence in the UK, Italy, France and Germany: 2007-2008
Exports weaken
Softening consumer demand will affect exports as most Western European trade is conducted within the region:
Western European trade is mostly conducted within the region with 80.0% of 代写英国termpaperexports destined to European countries in 2007. 7.6% of exports were destined to North America and Australasia, which are also facing downturns;
Some economies are highly dependant on exports. In 2007, exports as a share of GDP amounted to 61.3% in the Netherlands, 40.0% in Germany, and 37.2% in Sweden. France, Italy, Spain and the UK were far less dependant on exports, which contributed less than a quarter of their GDP.
USA.
With unemployment reaching 25-year highs, http://www.szdhsjt.com/ it is no surprise that Americans are nervous about their futures. Over the last twelve months, confidence has nosedived as consumers worry about keeping their jobs, paying their mortgages and other bills, and their retirements.
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