How is Germany Today
As published by the American Prospect, Germany not only beats its European neighbors, but it also surpass the US in several indicators:
Income. As of 2008, Germany's per-capita income was $44,600. That was slightly lower than America's $47,500 - in fact a better performance when you realize that the average German worker put in just 1,432 hours in 2008 versus 1,792 hours for the Americans.
Life expectancy. Germans live nearly 14 months longer on average than Americans. A nation's life expectancy is result of several key aspects of national well-being, and it is a useful reality check on money-based rankings.
Trade. Germany's trade performance has been amazing. From 1998 to 2008 the Germans went from a deficit of $5.9 billion to a surplus of $267.1 billion. The American deficit, on the other hand, shot from $233.8 billion in 1998 to $568.8 billion in 2008. Sad but true.
Innovation. Germany is a leader in new technologies, including solar, wind power, and renewable energy in general. Germany is also the driving force behind the new European particle accelerator that is exploring some of the most fundamental questions in physics, and the resulting breakthroughs should result in a massive Germany's advantage.
Jobs. Germany is now doing better than many other nations. As of December 2009, the jobless rate, at 8.1 percent, was well below America's 10 percent.
German Translation Boom
German translation is always in high demand. Germany's economy has been one of the largest world economies since the beginning of the modern history. Translation has supported business between Germany and other countries. Even though most German business people speak English fluently, German is still a requirement for any official business being conducted with German companies. It is not a surprise that the German performance during the downturn has resulted in an increase of translation demand.
Take advantage of our complimentary service and call us today at 1-800-745-3913 or firstname.lastname@example.org for a free consultation. We will help you understand how German translation may leverage your business with German companies.