“After a decade of pell-mell growth in both capacity and leverage, this situation is symptomatic of excess supply capability in manufacturing amidst moribund demand,” analysts at Westpac said in a research note issued after the survey’s release.
“After a decade of pell-mell growth in both capacity and leverage, this situation is symptomatic of excess supply capability in manufacturing amidst moribund demand,” analysts at Westpac said in a research note issued after the survey’s release.