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Euro Zone Factory Slump Worsens

Description:The numbers point towards a deeper recession. Factories in the euro zone didn't get the orders they'd hoped for. In December manufacturing on the purchasing Managers' Index dropped point 1 from 46.2. It's been below the golden 50 mark that divides growth from contraction since August 2011. Germany's manufacturing sector shrank for a 10th month, while in France the decline continued for a 17th month. (1:35)

Source: Reuters

Tags: Euro Zone Factory Slump Worsens , Euro zone , euro zone manufacturing , eurozone