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Contagion

What's the Impact of a European Recession?


U.S. exports to Europe are such a small share of GDP that a drop in orders would have little effect. Financial contagion is another matter, with the U.S. and European banks intertwined.

Graphic by Bloomberg Businessweek; Data: Wells Fargo Securities, Commerce Dept., JPMorgan Chase, IMF; Data compiled by Bloomberg
Cwinter
Winter is a reporter for Bloomberg Businessweek in New York.
Coy_190
Coy is Bloomberg Businessweek's economics editor. His Twitter handle is @petercoy.

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