Finance, France, Germany, Markets and Economy, PMI, Manufacturing, Services, Recession, BI Select,

German manufacturing just slumped to the lowest level since the financial crisis — and it’s a major warning sign for the global economy

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US and European stock markets fell after a survey of German manufacturers delivered its lowest reading since the financial crisis. The German PMI fell from 47.6 in February to 44.7 in March due to sharp declines in new orders, lower work backlogs, and firings. France’s PMI data also fell as demand for exports tumbled amid […]

German manufacturing just slumped to the lowest level since the financial crisis — and it’s a major warning sign for the global economy

By

US and European stock markets fell after a survey of German manufacturers delivered its lowest reading since the financial crisis. The German PMI fell from 47.6 in February to 44.7 in March due to sharp declines in new orders, lower work backlogs, and firings. France’s PMI data also fell as demand for exports tumbled amid […]

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