Carinthia: Industry Faces Stagnation

BusinessEconomy ♦ Published: November 11, 2010; 14:23 ♦ (Vindobona)

Despite recent positive economic data, Carinthian industrial firms are less confident. For the coming year, a stagnation in production and in profits is expected.

Carinthia: Industry Faces Stagnation / Picture: ©

According to the industrialists view, Carinthia is facing rather moderate prospectsa The Carinthian Industriellenvereinigung (IV, Industrial Union) has disclosed the economic survey for the third quarter of 2010. The result is expected stagnation of production and profitability for the coming year.

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