Italy: latest quarterly report of the metallurgy employers’ federation sounds the alarm on the economic situation

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ca employers’ federation has been carrying out a quarterly study among a panel of member businesses. The results of the 109th study for the last quarter of 2008 were published on February 17. The association says they are the worst since the first study. (Ref. 090197)

“A frightening
drop in production and an equally negative trend in orders force businesses to stop production.” This
is the “worst result” since the Federmeccanica’s first economic study in 1982,
the organization declared. During

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