Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

European Manufacturing Shrinks Second Month
Nov 5, 2002
 Printable format
 Email this Article
 Search

European manufacturing shrank for a second month in October as optimism waned about prospects for economic growth, a survey of 3,500 companies showed. The Reuters Purchasing Managers' Index for the dozen countries sharing the euro rose to 49.1, from 48.9 in September. A reading below 50 indicates a contraction in the industry. German, French, and Italian business confidence fell this month. Europe's telecommunications equipment makers have suffered as phone operators cut spending. Manufacturing in the U.S., which buys about a fifth of Europe's exports, is also shrinking. "I don't see any positive trends over the next 6 months," said Andrea Guerra, CEO of Merloni Elettrodomestici SpA, an Italian appliance maker. (Bloomberg News)

Back to Daily News

 

Daily News

...........................................................

Apr 18, 2014: Spectrum Brands CEO Lumley Joins Husqvarna Board

Apr 17, 2014: GE Appliances 1Q Revenues Down 3%

Apr 17, 2014: Remodeling Growth Expected to Continue

Apr 17, 2014: HVAC/R Contractors Outlook Holds Steady

Apr 17, 2014: Appliance Store Sales Down Slightly in March

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows