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Industry hit by economic downturn

Series: EULER Trade Indemnity Press Release ; 24 April 2002, (2)Publication details: 2002Subject(s): Summary: EULER Trade Indemnity's latest "Quarterly financial trends survey" illustrates the impact of the economic downturn in 2001on the construction industry as profitability and orders gradually decline. The survey cites labour costs, price discounting, competition and higher raw material and fuel prices as the main causes of falling profitability. http://www.eulergroup.com/ETI/html-gb/popup-news/news_milieu.cfm?id_publi=948&language=English
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News article London News article WB3816-02 (Browse shelf(Opens below)) 1 Available 117770-1001

EULER Trade Indemnity's latest "Quarterly financial trends survey" illustrates the impact of the economic downturn in 2001on the construction industry as profitability and orders gradually decline. The survey cites labour costs, price discounting, competition and higher raw material and fuel prices as the main causes of falling profitability. http://www.eulergroup.com/ETI/html-gb/popup-news/news_milieu.cfm?id_publi=948&language=English