Marketplace Morning Report for Thursday August 14, 2014
Some not so great economic news out of Europe: gross domestic product for the second quarter is out this morning for the Eurozone, and across the board, economic growth was flat. Germany, Europe's largest economy, contracted in the second quarter by .2 percent and France saw economic growth flatline. Speaking of GDP, here at Marketplace, we talk a lot about different economic indicators employment numbers, retail sales, consumer spending, etc. Here's one that caught our interest, though. Bankruptcies are down -- at their lowest level since 2008. That sounds like good news, right? Not so.
Some not so great economic news out of Europe: gross domestic product for the second quarter is out this morning for the Eurozone, and across the board, economic growth was flat. Germany, Europe’s largest economy, contracted in the second quarter by .2 percent and France saw economic growth flatline. Speaking of GDP, here at Marketplace, we talk a lot about different economic indicators employment numbers, retail sales, consumer spending, etc. Here’s one that caught our interest, though. Bankruptcies are down — at their lowest level since 2008. That sounds like good news, right? Not so.
