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Mmastodon BusinessBusiness first seen 4 h ago, last 1 h ago, peak #1

German Factory Orders Tumbled in August

Original: German Factory Orders Tumbled in August https://www.wsj.com/finance/commodities-futures/german-factory-orders-tumbled-in

German factory orders fell sharply in August, according to a report from the Wall Street Journal. The drop in manufacturing orders points to continued weakness in Germany's industrial sector, which has been struggling with high energy costs and soft demand. The figures add to concerns about the health of Europe's largest economy.

Why now: Fresh economic data showing a decline in German manufacturing orders raises concerns about Europe's largest economy.

GermanyWall Street Journal

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