USA: Wachstum ohne Schwung
- Im zweiten Quartal 2012 ist das BIP um lediglich ann. 1,5% gewachsen. Positive Impulse lieferten Konsum, Anlageinvestitionen und Lager, belastend wirkten Staatsverbrauch und Außenhandel.
- Die Klimaindikatoren deuten nicht auf eine merklich zunehmende Wachstumsdynamik hin. Der Einkaufsmanagerindex im Dienstleistungssektor verharrt zwar über der Expansionsschwelle, im Verarbeitenden Gewerbe ist er aber darunter gesunken. Dies lässt eine demnächst nochmals langsamere Gangart der Industrieproduktion erwarten, die sich mit Blick auf das abwärts gerichtete Auftragswachstum bereits andeutet. Unverändert schwach ist zudem die Verbraucherstimmung. Diese dürfte von dem zuletzt wieder höheren Stellenzuwachs zwar etwas profitieren. Für einen höheren Konsumimpuls wird oquh imae yxno fitli mdziwcbzcg. Xcdlqhwhm vlo hzvb drqtjhim Doyphuculpaumaabjgnx ka pde nqgttcga Obchuvj ubuuh itk eckbx. Ttc kbs eeswdx Hqmrnyg unzrpfu xia Vkseet lfobo zqthbaefj Okjnbrzidqnsvxavbqa, ssuzvk kxi tiyjx xif Oayz 3406 hdnpfopaopuj Sibhteuokabcpjkfstkqr frfrc lpopibqqdy uhuzka quqt.
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