27 November 2001, 10:18  : Incoming orders to the Swiss machinery

ZURICH, Nov 27 - Incoming orders to the Swiss machinery, electronics and metalworking industry -- the country's largest export sector -- fell 17.4 percent in the third quarter versus the year-earlier period, the Swissmem industry association said on Tuesday.
It also said the sector faced sweeping structural adjustments if the euro stayed at current levels against the strong Swiss franc and said it did not expect an economic rebound until the second half of 2002 at the earliest.

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