Equipment markets slowing.LOS ALTOS Los Altos (lôs ăl`tōs, lŏs), residential city (1990 pop. 26,303), Santa Clara co., W Calif.; inc. 1952. There is diversified light manufacturing. , CA -- Rising oil prices are dampening the world economy, with Europe and Japan feeling the brunt brunt n. 1. The main impact or force, as of an attack. 2. The main burden: bore the brunt of the household chores. worse than the U.S. and China. The result: A significant economic slowdown For articles with similar titles, see Slow Down (disambiguation). A slowdown is an industrial action in which employees perform their duties but seek to reduce productivity or efficiency in their performance of these duties. next year. Henderson Ventures (hendersonventures.com) forecasts the world economy to grow 2.6% next year, down from 3.2% this year and 4% in 2004. The 2007 growth rate will rebound rebound (rē´bownd), n/v 1. a recovery from illness. n 2. an outbreak of fresh reflex activity after withdrawal of a stimulus rebound adjective to 3.3%. Henderson expects the equipment market to bottom next year, with 5.7% growth, down from 11.3% in 2004, and 8.8% this year. The firm predicts 8.7% growth in 2007. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion