The greatest loss of business confidence was in the trade sector, where all components of the indicator have all fallen back; in particular, expectations regarding orders placed with suppliers have turned gloomier. The decline in the indicator in business-related services stems from a sharp downward adjustment of activity and a slight downward revision of general market demand. The slight dip in confidence in the manufacturing industry, that follows a sharp fall in the business barometer during the previous month, is attributable to a less favourable outlook for demand and employment. The increase in business ... (full story)