Date
GMT+00:00
Event Previous Forecast Actual
Dec, 01 08:55
★★
Unemployment Rate
Unemployment Rate
Country:
Date: Dec, 01 08:55
Importance: Medium
Previous: 6.2%
Forecast: -
Actual: -
Period: Nov

The percentage of individuals in the labor force who are without a job but actively seeking one. A higher Unemployment Rate is generally a drain on the economy. Not only does it mean that resources are not being fully utilized, but it also results in lower consumer spending as there are fewer workers receiving paychecks.

Note: The unemployment rate generally moves slowly, so changes of only a few tenths of a percent are still considered significant. Also note that the unemployment rate does not account for discouraged workers. Therefore, in an economically depressed environment, such as that which occurred in Cold War era East Germany, the Unemployment Rate may not accurately reflect the extent of problems.

6.2% - -
Dec, 01 08:55
★★
Unemployment Change
Unemployment Change
Country:
Date: Dec, 01 08:55
Importance: Medium
Previous: -35K
Forecast: -
Actual: -
Period: Nov

The indicator shows the number of unemployed people in Germany.

-35K - -
Dec, 01 08:55
PMI Manufacturing
PMI Manufacturing
Country:
Date: Dec, 01 08:55
Importance: Low
Previous: 57.9
Forecast: 57.9
Actual: -
Period: Nov

Gauge for overall performance of the German manufacturing sector. Through asking executives about sales and employment outlook, the survey strives to provide useful information about the business climate that can lead to developments in employment, output and consumption. The PMI survey results are the result of interviews with business executives. Manufacturing is an important sector in Germany , which is why changes in Manufacturing PMI can provide a good indicator to the overall economic condition in Germany as well as Euro-zone. However, despite the timeliness of the report, Manufacturing PMI is not a big market mover.
The survey results are quantified into index where 0 represents long term manufacturing business conditions. The headline figure is expressed in percentage change.

57.9 57.9 -
Dec, 01 09:00
PMI Manufacturing
PMI Manufacturing
Country:
Date: Dec, 01 09:00
Importance: Low
Previous: 53.6
Forecast: 53.6
Actual: -
Period: Nov

The Euro-zone Manufacturing Purchasing Managers Index (PMI) assesses business conditions in the manufacturing sector. Because the manufacturing sector represents nearly a quarter of total Euro-zone GDP, the Euro-zone Manufacturing PMI is both a significant and timely indicator of business conditions and the general health of the economy. Results are quantified in an index in which values above 50 indicate an expected increase of business conditions and values below 50 signal an expected deterioration.

53.6 53.6 -
Dec, 01 09:30
PMI Manufacturing
PMI Manufacturing
Country:
Date: Dec, 01 09:30
Importance: Low
Previous: 55.2
Forecast: 55.2
Actual: -
Period: Nov

A monthly gauge of manufacturing activity and future outlook. It is comparable to the US ISM survey, similarly based on the opinions of executives in manufacturing companies. Purchasing managers are tasked with gauging future demand and adjusting orders for materials accordingly. The PMI summarizes the opinions of these executives to give a picture of the future of the manufacturing sector. A higher PMI indicates that materials purchases are increasing and that the economic outlook is positive. Alternately, a lower PMI means orders for materials are down and the future outlook is less favorable. By nature, the figure is very sensitive to the business cycle and tends to match growth or decline in the economy as a whole.

The PMI is presented as an index with a value between 1-100.

55.2 55.2 -