The Fall of Greece: September 2011

Looking at the most recent OECD economic indicators, Greece makes by far the weakest showing in all the Eurozone as it continues to plod through tremendously difficult economic times.

Industrial production is epically weak, consumer confidence has dropped off a cliff, business confidence is collapsing and the leading index is turning down fast dropping 0.3% since August and 5.76% below the level seen in September 2010.

For October (more timely data), consumer confidence collapsed 0.84% from September and dropped 1.95% below the level seen in August 2010 while business confidence plummeted 0.5% from September and slumping 0.88% below the level seen in October 2010.

Industrial production remains epically weak while jumping 11.05% between June and July 2011 (much less timely data) remaining near the lowest levels seen since the late 1990s.

The Fall of Greece: July 2011

Looking at the most recent OECD economic indicators, Greece makes by far the weakest showing in all the Eurozone as it continues to plod through tremendously difficult economic times.

Industrial production is collapsing further into severe contraction territory, consumer confidence remains distressed, business confidence remains depressed and the leading index is turning down fast dropping 0.4% since June and 6.84% below the level seen in July 2010.

For August (more timely data), consumer confidence rose a meager 0.18% from July but dropped 5.17% below the level seen in August 2010 while business confidence increased a slight 0.28% from July climbing 0.86% above the level seen in August 2010.

Industrial production remains epically weak plunging a stunning 3.97% between May and June 2011 (less timely data) remaining near the lowest levels seen since the late 1990s.

The Fall of Greece: May 2011

Looking at the most recent OECD economic indicators, Greece makes by far the weakest showing in all the Eurozone as it continues to plod through tremendously difficult economic times.

Industrial production remains in severe contraction territory, consumer confidence has fallen off a cliff, business confidence is clearly depressed and the leading index is turning down fast dropping 0.51% since April and 6.54% below the level seen in May 2010.

For June (more timely data), consumer confidence declined a whopping 0.59% from May and dropped 1.23% below the level seen in June 2010 while business confidence declined 0.49% from May remaining 0.49% above the level seen in June 2010.

Industrial production remains epically weak plunging 1.21% between February and March 2011 (less timely data) remaining near the lowest levels seen since the late 1990s.

The Fall of Greece: April 2011

Looking at the most recent OECD economic indicators, Greece makes by far the weakest showing in all the Eurozone as it continues to plod through tremendously difficult economic times.

Industrial production remains in severe contraction territory, consumer confidence has fallen off a cliff, business confidence is clearly depressed and the leading index is turning down fast dropping 0.66% since March and 6.36% below the level seen in April 2010.

For May (more timely data), consumer confidence declined 0.04% from April and dropped 0.69% below the level seen in May 2010 while business confidence declined notably from April dropping 0.47% but remaining 0.86% above the level seen in May 2010.

Industrial production remains epically weak plunging 1.21% between February and March 2011 (less timely data) remaining near the lowest levels seen since the late 1990s.

The Fall of Greece: March 2011

Looking at the most recent OECD economic indicators, Greece makes by far the weakest showing in all the Eurozone as it continues to plod through difficult economic times.

Industrial production remains in severe contraction territory, consumer has fallen off a cliff, business confidence though trending up is clearly depressed and the leading index is turning down fast dropping 0.43% since January (delayed data) and 6.44% below the level seen in February 2010.

For April (more timely data), consumer confidence declined 0.09% from March and dropped 1.32% below the level seen in April 2010 while business confidence declined notably from March dropping 0.67% but remaining 0.97% above the level seen in April 2010.

Industrial production remains weak but jumped 0.75% between November and December 2010 (much less timely data) remaining near the lowest levels seen since the late 1990s.

The Fall of Greece: February 2011

Looking at the most recent OECD economic indicators, Greece makes by far the weakest showing in all the Eurozone as it continues to plod through difficult economic times.

Industrial production remains in severe contraction territory, consumer has fallen off a cliff, business confidence though trending up is clearly depressed and the leading index is turning down fast dropping 0.38% since January and 6.41% below the level seen in February 2010.

For March (more timely data), consumer confidence increased 0.51% from February but dropped 1.75% below the level seen in March 2010 while business confidence increased notably from February climbing 2.06% above the level seen in March 2010.

Industrial production remains weak but jumped 0.75% between November and December 2010 (much less timely data) remaining near the lowest levels seen since the late 1990s.

The Fall of Greece: January 2011

Looking at the most recent OECD economic indicators, Greece makes by far the weakest showing in all the Eurozone as it continues to plod through difficult economic times.

Industrial production remains in severe contraction territory, consumer has fallen off a cliff, business confidence though trending up is clearly depressed and the leading index is turning down fast dropping 0.32% since December and 7.04% below the level seen in January 2010.

For February (more timely data), consumer confidence increased 0.53% from January but dropped 3.24% below the level seen in February 2010 while business confidence increased notably from January climbing 2.07% above the level seen in February 2010.

Industrial production remains weak but jumped 0.75% between November and December 2010 (much less timely data) remaining near the lowest levels seen since the late 1990s.

The Fall of Greece: December 2010

Looking at the most recent OECD economic indicators, Greece makes by far the weakest showing in all the Eurozone appearing to have clearly collapsed into recession.

Industrial production remains in severe contraction territory, consumer has fallen off a cliff, business confidence though trending up is clearly depressed and the leading index is turning down fast dropping 0.35% since November and 6.95% below the level seen in December 2009.

For December, consumer confidence declined 0.33% from November dropping 5.88% below the level seen in December 2009 while business confidence increased from November and remained 0.68% above the level seen in December 2009.

Industrial production remains weak but jumped a whopping 5.25% since September (much less timely data) remaining near the lowest levels seen since the late 1990s.

The Fall of Greece: November 2010

Looking at the most recent OECD economic indicators, Greece makes by far the weakest showing in all the Eurozone appearing to have clearly collapsed into recession.

Industrial production remains in severe contraction territory, consumer has fallen off a cliff, business confidence though trending up is clearly depressed and the leading index is turning down fast dropping 0.08% since October and 6.75% below the level seen in November 2009.

For December (more timely data), consumer confidence declined 0.61% since November dropping 6.29% below the level seen in December 2009 while business confidence increased from November and remained 0.54% above the level seen in December 2009.

Industrial production remains weak but jumped a whopping 5.25% since September (much less timely data) remaining near the lowest levels seen since the late 1990s.

The Fall of Greece: October 2010

Looking at the most recent OECD economic indicators, Greece makes by far the weakest showing in all the Eurozone appearing to have clearly collapsed into recession.

Industrial production remains in severe contraction territory, consumer has fallen off a cliff, business confidence though trending up is clearly depressed and the leading index is turning down fast dropping 0.02% since September and 6.49% below the level seen in October 2009.

For November (more timely data), consumer confidence declined 0.21% since October dropping 6.54% below the level seen in November 2009 while business confidence increased from October and remained 0.57% above the level seen in November 2009.

Industrial production remains weak but jumped a whopping 5.20% since July (much less timely data) remaining near the lowest levels seen since the late 1990s.