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German Manufacturing Slows in February

From cnbc.com

Growth in Germany's manufacturing and services sectors slowed in February, surveys showed on Wednesday, clouding recent optimism about the resilience of Europe's bulwark economy to the crisis hammering its euro zone peers. Markit's manufacturing Purchasing Mangers Index (PMI) fell to 50.1 from January's 51.0, according to a flash estimate, barely above the 50 mark which separates contraction from expansion, and tempering hopes of a rebound after output grew for the first time since September at the start of the year. The reading thwarted expectations for an increase to 51.5 shown in a Reuters poll. "The export trend ... (full story)

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