German Factories Feel the Pain

German Factories Feel the Pain

Assessment

Interactive Video

Business

University

Hard

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The video discusses the significant decline in German factory output, marking the largest drop since 2009, with industrial production falling by 4%. It highlights the challenges faced by Germany's manufacturing sector, including a 5.7% plunge in factory orders. Additionally, the International Monetary Fund (IMF) has reduced its global growth outlook for 2015 from 4% to 3.8%, citing risks from rising geopolitical tensions and potential stock market corrections, with stocks at frothy levels.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the percentage drop in industrial production in Germany's economy?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant event occurred in Germany's manufacturing sector during September and August?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How did factory orders change in Germany, and what was notable about this change?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the International Monetary Fund's revised global growth outlook for 2015?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What risks did the IMF warn about that could affect global growth?

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