In the manufacturing industry, an upward revision of the demand and employment outlooks was almost offset by a markedly more pessimistic assessment of overall order positions and, to a lesser extent, stock levels. In the building industry, all indicators declined, but the demand outlook, in particular, deteriorated significantly. Last month’s recovery of confidence in the business-related services sector continued this month. While business leaders expressed more negative views on their current and future activity levels, this was more than made up for by a significantly improved outlook on general market demand. In ... (full story)