German factory orders fell 5.7% between July and August, worse than the 2.5% decline expected by economists. Orders are down 1.3% from August last year. It's the worst single-month drop since the beginning of 2009.
Business Insider: German factory orders collapse
German Finance Minister Wolfgang Schaeuble attends a conference on the Euro zone crisis with ESCP Europe business school students at the Council of Europe in Strasbourg, eastern France on September 03, 2012.
