It Looks Like Things In Germany Might Be Cheering Up

7 days ago1:37 min

It Looks Like Things In Germany Might Be Cheering Up

The German economy has had it rough lately, but data out on Wednesday suggests the nation’s firms expect things to brighten up.

What does this mean?

Researchers at the Ifo Institute call around 9,000 German execs every month and ask them a litany of questions about the health of their businesses and their outlook for the future. Those Ifo boffins turn the intel into the Ifo Index, widely seen as Germany’s most important leading economic indicator. And let’s not jinx it, but the latest reading – 86.3, up from 84.5 in October – is actually decent. Let’s look deeper: while bosses are still down in the dumps about the here and now, they’re feeling more optimistic about what’s ahead. So it's not

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