May 27, 2008 -
PRLog -- According to a recent study by First Prime Group, the manufacturing outlook in Europe's southern economies is deteriorating faster than expected. Sources close to First Prime say that the data by First Prime also revealed that German consumers have begun to noticeably reign in their purchases and limit their expenditure - due to the current economic uncertainty.
The First Prime source added that the study, conducted by First Prime’s renowned team of researchers and analysts, suggests that the U.S. economic slowdown is being felt by the 15 economies that share the euro.
Following the results of First Prime’s study, a spokesperson for First Prime reportedly commented that differences between Europe's northern and southern economies appeared to be widening.
