German Manufacturing Output Surprisingly Contracted in March
Warning- a weakening economy will make their deficit go up! ;) German Manufacturing Output Surprisingly Contracted in March By Zoe Schneeweiss March 21 (Bloomberg) — A German index based on a survey of purchasing managers in the manufacturing industry declined to 48.9 this month from 50.3 in February, while a services gauge fell to 51.6 [...]

Warning- a weakening economy will make their deficit go up!
;)

German Manufacturing Output Surprisingly Contracted in March

By Zoe Schneeweiss

March 21 (Bloomberg) — A German index based on a survey of purchasing managers in the manufacturing industry declined to 48.9 this month from 50.3 in February, while a services gauge fell to 51.6 from 54.7, London-based Markit Economics said in an e-mailed report today. A reading below 50 indicates contraction. Economists had forecast a reading of 50.5 for the manufacturing index and 55.0 for the services gauge, according to the median estimates in Bloomberg News surveys.

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