tennessean.com

Sponsored by:
brand
Jun 26, 4:30 AM EDT

German business confidence reaches new record high


Latest News
Merkel: Gay marriage could get 'question of conscience' vote

5 rare Barbary lion cubs go on show at zoo in Germany

Germany: don't expect Turkish bodyguards at G-20

Germany: sausage makers use loophole to skip antitrust fines

German business confidence reaches new record high

Multimedia
Exhibit Honors Soviet Photographer
Multimedia
A district summary of the Beige Book
Measuring economic stress by county nationwide
Mall malaise: shoppers browse, but don't buy
Unemployment by the numbers
Family struggles with father's unemployment
Saying an affordable goodbye
Hard times hit small car dealer
Latest Economic News
China premier: Beijing can control financial risks

German business confidence reaches new record high

Debt, protectionism could drag down improving global economy

Puerto Rico governor to fight proposed furloughs, cuts

Eurozone economy enjoyed 'best quarter in over 6 years'

The pain and gain of Brexit vote: British economy a year on

Mexico raises key interest rate to 7 pct to combat inflation

Egypt doubles subsidized food available on ration cards

Egypt doubles capacity of ration cards

UN economist faces fraud charge in hiring of domestic worker

Interactives
Greece's Debt Threatens to Spread
State budget
gaps map
Auto industry problems trickle down, punish Tennessee county
Women give old Derby hats a makeover in tough economy
S.C. town deals with highest unemployment in South
How mortgages were bundled and sold as securities
Tracking the $700 billion financial bailout
Tracking the year's job losses
State-by-state foreclosures since 2007
Credit crisis explained
Presidents and their economic legacies
Lexicon of the financial crisis
Americans' addiction to debt
Interactive
Berlin Wall: 20 Years Later

BERLIN (AP) -- A survey shows that business confidence in Germany has risen to another record high as managers' view of both their outlook and their current situation brightens.

The Ifo institute said Monday that its monthly confidence index was up to 115.1 points for June from 114.6 in May, the previous record.

The Ifo's index is calculated on the basis of firms' views of both the current situation and the outlook for the next six months. Both elements rose in June.

The Ifo surveys some 7,000 companies for its index.

The German economy, Europe's biggest, grew by 0.6 percent in the January-March period compared with the previous quarter. It appears to be on course for another strong performance in the current quarter.

© 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use.