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Germany is currently on the stages of growth on the business cycle. This is shown by Germany's steadily increasing annual GDP of 1.7%. Inflation is at 2%, however, this is slowly decreasing. Unemployment has gone down to about 3.9%, putting Germany in a good spot. Wage growth is steadily increasing at 1.1%, signifying growth in the economy.

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Norway is currently in the early recovery stage of the business cycle. Norway's GDP is at a slow but steady pace upwards, at about 1.8%. Unemployment in the viking country has dropped throughout the past 12 months and is now at a solid 4.3%. The upward trend for wage growth proves that the economy is indeed recovering, as wages are growing by 6% currently and are still on the rise.

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The Netherlands has an annual GDP of 2.5% which puts it at a late recovery. The Netherlands have an unemployment rate of 5.4% that is on it's way down. The interest rate for the Netherlands is 0% that is letting the people help out with the economy. The wage growth is at 1.21% it will help with the recovery.

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Colombia has an annual GDP of 1.6% and is steadily going down. with a target GDP of 3-4%. As well as having unemployment at 9.7% however, unemployment is slowly starting to drop back down. This puts Colombia's economy heading to the end of a recession. Inflation is at 4.6% with a target of 2%. With a sales tax of 16%.

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Finland currently has a GDP rate of 1.3% which puts it in the very early stages of recovery.  Finland also has a unemployment rate of 9.6% that is on it's way down.  Interest rate is 0% by assumption they have done this to help encourage people to buy goods, to help try and rebuild their economy after the recession. Wages are on their way up as well which will help build consumer confidence, which is also currently on the rise

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Frances annual GDP is 0.8%, but is on a downward curve. unemployment is at a high 10% and is still going up. Inflation isn't terrible at 1.2%, and is steady at an upward trend, which is good with a target of 2%. They are keeping this trend steady with interest rates being 0%. wage growth is only at 0.2% and seems to be going down. France is recovering from a small trough.

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Poland is currently in the late recover stage based on the high unemployment rate of 8.1 % and a low but increasing GDP of 2.5%. Inflation is also beginning to increase to a rate of 2%. Wages are also starting to increase at a rate of 5.2%. Poland is just now getting out of a trough and is now mowing into recovery.

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France is currently in the recovery phase of the business cycle. The annual GDP growth rate is currently .8% and slowly starting to decrease. Inflationary pressures are slowly starting to fall, as the growth rate of .8% decreases. Unemployment rate is at a high 10% as of now, but trends have shown decrease over time. The wage growth has not changed staying at .2%, because of the unemployment rates. As data shows, I can indicate that France is just starting the process of recovery and will slowly make its way back.

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Ireland is currently in the early growth phase of the business cycle. This is shown by slow, positive increase in GDP growth rate at 2.5%. Inflation has been trending upward in the last year but is currently at 0.7%. Unemployment has fallen steadily, currently at 6.2%. Wage growth has recently been slightly declining, but can be expected to increase in the future as it is the last indicator to move with the economy.

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China is currently in a early Recovery on the business cycle. The GDP annual growth is low at 6.9% but seems to be leveling out and slowly increasing. Inflation is really low for the target rate at 0.9% but is not a problem, its shows that the economy is growing. Unemployment is exactly where China wants it at 3.97% with the Wage growth increasing, giving a rapid increase of consumer confidence. Personal savings rate is really low at 0.35% way below the 10% target rate, but its at a constant trend- meaning no one is freaking out about it. With this information, I can make the inference that China is leveling out, and slowly entering a period of early recovery.

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Germany is currently in the early growth phase of the business cycle. The GDP annual growth rate is 1.2%. This seems to suggest that Germany's economy is doing good and slowly increasing. Inflation seems to slightly increase to 2.1%. Unemployment has decreased to 3.9% resulting in jobs for everyone. Wage growth has an increase of 1.1% resulting in a slow increase in Germany. Overall, with jobs skyrocketing, constant GDP, and a stable economy, Germany is in a good position.

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Russia is currently in an early growth phase of the business cycle with a GDP rate of .3%.  inflation rate has been on a steady increase to 4.1%, along with unemployment rate on a steady decline to 5.4%, putting the economy just a little above the target of 4%. wage growth has been increasing over the past year but trends show it will have a decrease within the next 5 years, leading it into a recession. therefore, one can state, Russia is in an early stage of recovery.

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Mexico is currently in a recovery phase on the business cycle, slowly working its way back up. GDP is curving upwards, with a 2.7% annual growth rate, up from 2.4% last year, although down from over 3% in 2012. Inflation has been increasing over the past year, and is a little high, up to 5.35%. Unemployment is falling, down to 3.19% from 3.37% last year, and are at full employment. Wages have been steadily increasing over the past 5 years, signifying growth.

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The United State is currently in the early growth phase of the business cycle.  This is most obviously seen in the slow, but positive GDP growth rate of .7%.  Inflationary pressures are beginning to develop as our rate of inflation climbs to 2.4%.  Unemployment has slipped down to 4.4%, putting our economy in a state of full employment.  Wages are also beginning to increase.  As wage growth is the last indicator to move as an economy exits its recessionary phase, I'm confident in stating the U.S. economy is exiting recovery, and entering a period of growth.