Slight Signs of Recovery for the Italian Textile Machine Industry

摘要

The Italian textile machine industry has ended the first half of 2004 with total order receipts still negative. The fall-off, however, is only in the Italian market while there are comforting signs coming from abroad. Based on the data processed by ACIMIT, the Italian Association of Textile Machinery Producers, the orders received by the Italian producers operating in this sector in the first half of 2004 fell by 1% compared to the same period in 2003. The order index is now 73.5 (base year 2000=100). It is, however, comforting to see the trend inversion compared to the previous six months: at the end of 2003, in fact, the lowest point over the last three years was reached, with a further deterioration in the already precarious economic situation.