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Economics

Alternative Indicators Show Global Recovery Loses Momentum

Daily Activity Indices

The pace of recovery for most major advanced economies has slowed as some countries approach their pre-crisis levels of activity, according to Bloomberg Economics’ daily gauges. European countries, such as Germany, France, Italy and Spain have made the most progress. Activity is recovering much more slowly in the U.S., Canada and the U.K., while in Japan, the recovery appears to be losing steam.