Why is the italian furniture sector resilient to the global economic slow down?
The world is in global economic crisis where all exports and imports slow downed in the first two months of 2009. In Malaysia there was a 30% drop of Sarawak logs and timber products exports compared to the same period in 2008 (NST April 15, 2009). All the countries in the world witnessed a slow down of wood products exports. A notable exception is the Italian furniture sector which appears to be more resilient (ITTO MIS 16-30 April 2009).
Volume (Year): 2009 (2009)
Issue (Month): 01 (June)
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