Shows & Panels
- AFCEA Answers
- Ask the CIO
- The Big Data Dilemma
- Carrying On with Continuity of Operations
- Connected Government
- Constituent Servicing
- Continuous Monitoring: Tools and Techniques for Trustworthy Government IT
- The Cyber Imperative
- Cyber Solutions for 2013 and Beyond
- Expert Voices
- Federal Executive Forum
- Federal IT Challenge
- Federal Tech Talk
- Mission-critical Apps in the Cloud
- The Path from Legacy Systems
- The Real Deal on Digital Government
- The Reality of Continuous Monitoring... Is Your Agency Secure?
- Veterans in Private Sector: Making the Transition
Shows & Panels
German government raises 2014 growth outlook
Wednesday - 10/23/2013, 5:26am EDT
BERLIN (AP) - The German government is raising its forecast for the country's economic growth in 2014 to 1.7 percent and says there should be a healthy increase in exports.
Wednesday's forecast was just above the 1.6 percent growth that the government predicted in April. It left this year's growth outlook unchanged at 0.5 percent.
It's predicting a pickup in exports, a traditional strength of Europe's biggest economy, after they increased only sluggishly this year. The forecast is for exports to grow 0.3 percent in 2013 and 3.8 percent next year.
Faster economic growth should boost the already-healthy labor market. The government says the number of people in work should increase next year to 42 million from 41.8 million this year, with some 2.9 million unemployed.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)