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Similarly, figures below 50 indicate that a plurality of companies sees orders declining.
That does not mean Italy is faring better than Germany, only that companies there were less likely to see orders declining in May.
A detailed breakdown of the activity survey showed conditions were deteriorating on almost every level, with factory output sinking to a near four-year low, domestic and export orders declining at a faster rate than in July and companies laid off more workers.
Asyst's comments last night provide additional evidence of this with 200mm orders declining 32% sequentially versus 16% sequential growth in 300mm".
Similar(56)
Capital goods orders declined 1.3 percent.
Overall new orders and new export orders declined.
Machine tool orders declined 23percentt in 2001 to $5.23 billion.
The value of petroleum product orders declined in September.
Both production and new orders declined, with demand still weak.
Factory orders declined 0.9 percent in October, the Commerce Department reported Friday.
Excluding transportation products, orders declined 0.7percentt after a 1.7percentt drop in April.
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