Wednesday, October 26, 2011

Growth gone in a flash!

October factory orders suffer biggest drop in a year - CBI

Factory orders fell at their fastest pace in a year in October and firms expected to cut output as worries about the euro zone debt crisis weighed on sentiment, the CBI's October industrial trends survey showed on Wednesday. The Confederation of British Industry survey's total order book balance fell to -18 this month from -9 in September, the lowest since October 2010 and confounding expectations for a steady reading of -9.

Posted by general congreve @ 01:03 PM (1031 views)
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