Global Economic Indicators: Eurozone Manufacturing Orders

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Global Economic Indicators: Eurozone Manufacturing Orders September 6, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@ Debbie Johnson 4-664-1333 djohnson@ Please visit our sites at www. blog. thinking outside the box

Table Of Contents Table Of Contents Eurozone Manufacturing Orders 1-2 German Factory Orders 3 German Foreign Orders 4 Italy Manufacturing Orders 5 Spain Manufacturing Orders 6-7 Country Comparisons 8-12 September 6, 2018 / Eurozone Manufacturing Orders www.

Eurozone Manufacturing Orders Figure 1. EUROZONE: (2015=) Total Foreign Domestic Foreign Total Orders Non-Eurozone Eurozone 40 Source: European Central Bank and Haver Analytics. 40 Page 1 / September 6, 2018 / Eurozone Manufacturing Orders www.

145 135 Figure 2. Eurozone Manufacturing Orders EUROZONE: (2015=) 145 135 Capital Goods Intermediate Goods Consumer Goods 85 85 75 75 65 Source: European Central Bank and Haver Analytics. 65 Figure 3. EUROZONE: (2015=) Consumer Goods Durable Goods Nondurable Goods Source: European Central Bank and Haver Analytics. Page 2 / September 6, 2018 / Eurozone Manufacturing Orders www.

Figure 3. GERMANY: (2015=) Total German Factory Orders Jul Jul Foreign Domestic Jul Capital Goods Orders Foreign Domestic Jul Consumer Goods Orders Foreign Domestic Source: Deutsche Bundesbank. Page 3 / September 6, 2018 / Eurozone Manufacturing Orders www.

Figure 4. German Foreign Orders GERMANY: (2015=) Foreign Total Orders Non-Eurozone Eurozone Jul 40 1 40 1 Foreign Capital Goods Orders Non-Eurozone Eurozone Jul 40 40 Foreign Consumer Goods Orders Non-Eurozone Eurozone Jul Source: Deutsche Bundesbank. Page 4 / September 6, 2018 / Eurozone Manufacturing Orders www.

Italy Manufacturing Orders Figure 3. ITALY: (2015=) Total May 85 85 75 Source: Istituto Nazionale di Statistica and Haver Analytics. 75 145 135 85 75 65 Figure 4. ITALY: (2015=) Foreign Domestic Source: Istituto Nazionale di Statistica and Haver Analytics. May 145 135 85 75 65 Page 5 / September 6, 2018 / Eurozone Manufacturing Orders www.

Spain Manufacturing Orders Figure 5. SPAIN: (2015=) Total Source: Instituto Nacional de Estadistica and Haver Analytics. 1 Figure 6. SPAIN: (2015=) 1 Capital Goods Intermediate Goods Consumer Goods Source: Instituto Nacional de Estadistica and Haver Analytics. Page 6 / September 6, 2018 / Eurozone Manufacturing Orders www.

300 Figure 7. SPAIN: (2015=) Spain Manufacturing Orders 300 2 Consumer Goods Durable Goods Nondurable Goods 2 200 200 Source: Instituto Nacional de Estadistica and Haver Analytics. Page 7 / September 6, 2018 / Eurozone Manufacturing Orders www.

Country Comparisons Figure 8. (January 2006=) Eurozone (=118.0) Germany (Jul=116.0) Italy (May=104.4) Spain (=103.0) 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 200 1 1 1 1 Figure 9. (2015=) Foreign Eurozone (169.3) Germany (1.4) Italy (172.2) 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 200 1 1 1 1 Page 8 / September 6, 2018 / Eurozone Manufacturing Orders www.

Figure 10. (2015=) Country Comparisons Domestic Eurozone (124.9) Germany (133.9) Italy (113.6) 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Page 9 / September 6, 2018 / Eurozone Manufacturing Orders www.

1 1 Figure 11. (2015=) Country Comparisons 1 1 1 1 1 1 Capital Goods Eurozone (162.5) Germany (1.2) Spain (141.4) 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Figure 12. (2015=) Consumer Goods Eurozone (114.6) Germany (118.4) Spain (104.0) 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Page 10 / September 6, 2018 / Eurozone Manufacturing Orders www.

1 Figure 13. (2015=) Country Comparisons 1 Consumer Durable Goods Eurozone (113.0) Germany (149.6) Spain (69.9) 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Figure 14. (2015=) Consumer Nondurable Goods Eurozone (116.4) Germany (108.9) Spain (106.4) 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Page 11 / September 6, 2018 / Eurozone Manufacturing Orders www.

Country Comparisons 1 Figure 15. (2015=) 1 Intermediate Goods Eurozone (149.8) Germany (149.5) Spain (129.5) 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Page 12 / September 6, 2018 / Eurozone Manufacturing Orders www.

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