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Industry`s confidence plummets

Language: English Series: Sunday Times ; `Business`, 26 July 1998, 3.1 & 3.16(2)Publication details: 1998Subject(s): Summary: The CBI quarterly survey shows that confidence among manufacturers has slumped to its lowest level since the recession of the early 1990s, due to sterling`s strength, the Asian crisis and prospects for domestic investment weakening.

The CBI quarterly survey shows that confidence among manufacturers has slumped to its lowest level since the recession of the early 1990s, due to sterling`s strength, the Asian crisis and prospects for domestic investment weakening.