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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (66379)	10/2/2002 1:46:04 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

Manufacturing darkens global economic view sg.news.yahoo.com By Ross Finley NEW YORK, Oct 1 (Reuters) - Manufacturing shrank in the world's three largest economies in September with global demand damaged by rising energy costs, the threat of war and stock markets plumbing multi-year lows. Surveys of factory executives in the United States, Europe, and Japan showed the hesitant recovery of recent months reversing as business and consumer confidence wanes, causing companies to cut production and jobs to combat shrinking world-wide demand. "It looks like we are heading for quite a sharp contraction in global industrial activity," said Lorenzo Codogno at Bank of America in London.