The Cracks In The German Economy Are Getting Bigger

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		Home Tech/Media Finance Markets Politics Strategy Entertainment Advertising Retail Sports Life Monday, October 8, 2012 The Cracks In The German Economy Are Getting Bigger Germany's August manufacturing orders plunged 1.3 percent in August, which was worse than the 0.5 percent decline expected by economists. Weakness came from within — domestic orders plunged 3.0 percent. Last month, a survey of German business confidence fell to its lowest level since February 2010.  "Taken at face value, this would suggest GDP growth of about zero in Q3," wrote SocGen economist Klaus Baader. Meanwhile, Germans are beginning to freak out about inflation. Here's a longer term look at manufacturing from Markit's Chris Williamson: Read » Also On Money Game Today: STOCKS FALL: Here's What You Need To Know Angela Merkel Is Visiting Greece Tomorrow – There Are Two Big Things That Everyone Is Worried About Advertisement CHART OF THE DAY: Earlier This Week We Got A Huge 'Tell' That The Unemployment Rate Was Going To Drop CHART OF THE DAY: Foreclosure Inventory Spikes In Florida CHART OF THE DAY: Solar Power Has A Long, Long Way To Go To Be Competitive Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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