* U.S. consumers fall behind on loans at record pace

* New York shares hit lowest level in two months

* Surge in German orders feeds fragile hopes of recovery

* EU warns growth may be permanently damaged by crisis

* US should be open to 2nd fiscal stimulus - top Democrat (For more on the financial crisis, click on [nCRISIS]

By Patricia Zengerle

WASHINGTON, July 7 (Reuters) - Talk of another U.S. stimulus plan and data showing American consumers falling behind on their bills underscored worries about the global economy on Tuesday, overshadowing an upturn in German manufacturing orders that provided a glimmer of hope.

Soaring U.S. unemployment and a shrinking economy drove delinquencies on credit-card debt and home equity loans to all-time highs in the first quarter, the American Bankers Association said. [ID:nN07299679]

"The biggest driver is job losses," bankers' association chief economist James Chessen said. "Unfortunately, we're going to see higher job losses in the next year, and I expect elevated delinquencies."