Outlook subdued for global industry


  • Business
  • Wednesday, 05 Mar 2003

NEW YORK: The outlook for global industry is subdued at best with manufacturing surveys from the United States, Europe and Japan showing either the barest evidence of growth or outright contraction. 

In a range of reports released this week, companies everywhere complained that geopolitical uncertainty was choking consumer demand while rising energy costs were crimping margins.  

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