trending Market Intelligence /marketintelligence/en/news-insights/trending/4D2IE8bC2tuQ1ZsBqLYr9g2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

German factory orders unexpectedly shrink in November 2019

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments


German factory orders unexpectedly shrink in November 2019

Germany's factory orders unexpectedly fell in November 2019 amid weaker foreign demand, provisional data from the Federal Statistical Office showed.

New orders dropped 1.3% month over month in November 2019 following a revised 0.2% rise in October 2019. The Econoday consensus was for a monthly uptick of 0.2%.

Domestic orders grew 1.6%, while foreign orders slipped 3.1%. New orders from the euro area declined 3.3% while those from other countries fell 2.8%.

Intermediate goods orders inched up 0.2%, while capital goods orders declined 2.1%. New orders of consumer goods were unchanged.

On an annual basis, factory orders fell 6.5% after price and calendar adjustments and following a revised 5.6% drop in October 2019.

The unexpected decline signals that "a bottoming out of the manufacturing slump is anything but near," according to Carsten Brzeski, chief economist at ING Germany.

"The great order book deflation in German industry continues," Brzeski said. "In fact, it looks as if 2019 will be the second year in a row in which new orders have fallen."