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Industry hit by economic downturn

Industry hit by economic downturn - 2002 - EULER Trade Indemnity Press Release 24 April 2002, (2) .

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

Subjects--Topical Terms:
CONSTRUCTION INDUSTRY
CONSTRUCTION ORDERS
ECONOMIC DOWNTURN
PROFITS
EULER TRADE INDEMNITY

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