August 2009
Spains leather and footwear production falls
According to Spain’s national statistics institute, leather and shoe production has fallen dramatically in the first half of 2009. Leather and footwear production fell 24% during the first half of 2009.
There may be some signs of recovery as the rate of decline slowed in June to 21.4%. However, companies are still concerned about the future as the effects of the global financial downturn continue to be felt.
Source: www.leatherbiz.com
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