Eurostat has revised its Q1 estimate of eurozone GDP based on weaker results for Germany. Instead of a slight increase, Q1 GDP fell -0.4% on an annualized basis. This is the second quarter in a row of negative growth:
Negative growth in Europe won't affect the US economy hugely, but it certainly won't do us any good.
Not exactly a surprise, given how during fall/winter, German (and EU generally) industries slashed production due to early energy pricing surges. This is reflected broadly in the sudden, large change in the EU's trade balance in 2022.
There is a war on.