CHART OF THE DAY: Germany Is Pulling Off Another Economic Miracle

  Read more: http://www.businessinsider.com/german-factory-orders-surge-2012-12#ixzz2EJgBoJDo

From Bloomberg on today's German factory orders, which beat big.

Orders, adjusted for seasonal swings and inflation, jumped 3.9 percent from September, the Economy Ministry in Berlin said today. It revised September's drop to 2.4 percent from 3.3 percent. The increase in October is the biggest since January 2011 and exceeds the median forecast for a 1 percent gain in a Bloomberg News survey of 42 economists. From a year earlier, orders fell 2.4 percent when adjusted for work day.

Here's a chart that shows the comeback.

Bloomberg, Business Insider

Truly remarkable.

Read more: http://www.businessinsider.com/german-factory-orders-surge-2012-12#ixzz2EJgJMSzW