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Manufacturing orders fall

Series: CBI News Release ; 28 April 2003, (3)Publication details: 2003Subject(s): Summary: Quarterly Industry Trends Survey published by the CBI shows a decline in orders along with a fall in domestic demand. Total orders were down more than expected with 37% of firms reporting a fall while 16% reported a rise and with orders expected to continue the downward trend. CBI Director-General stressed that a recession was not predicted but another interest cut is needed as inflation is so subdued. For the CBI Press Release: http://www.cbi.org.uk/ndbs/press.nsf/0363c1f07c6ca12a8025671c00381cc7/bc75520a44a7ed9f80256d11003b7c66?OpenDocument
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Item type Current library Call number Copy number Status Barcode
News article London News article WB3916-06 (Browse shelf(Opens below)) 1 Available 122112-1001

Quarterly Industry Trends Survey published by the CBI shows a decline in orders along with a fall in domestic demand. Total orders were down more than expected with 37% of firms reporting a fall while 16% reported a rise and with orders expected to continue the downward trend. CBI Director-General stressed that a recession was not predicted but another interest cut is needed as inflation is so subdued. For the CBI Press Release: http://www.cbi.org.uk/ndbs/press.nsf/0363c1f07c6ca12a8025671c00381cc7/bc75520a44a7ed9f80256d11003b7c66?OpenDocument