German Manufacturing Falls Hard Unlisted Video

US and European stock markets fell after a survey of German manufacturers delivered its lowest reading since the financial crisis. The German PMI fell from 47.6 in February to 44.7 in March due to sharp declines in new orders, lower work backlogs, and firings. France's PMI data also fell as demand for exports tumbled amid yellow-vest protests and turmoil during the Algerian elections. You can see all of Business Insider's coverage of Germany's economic crisis here.