EU manufacturing recovery hopes led by UK and Italy; Business confidence rebounds strongly in BRIC manufacturing
Aug 10th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The summer 2009 KPMG Business Outlook Survey, which surveys over 3,700 manufacturing firms across the EU, shows returning confidence across the manufacturing sector, but sentiment remains much weaker than pre-crisis levels. In the BRIC region (Brazil, Russia, India and China), there is a strong and broad-based rebound in sentiment in manufacturing, following the drop seen in the aftermath of the financial crisis.