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Business sentiment among manufacturers improves in November | Taiwan News

2020/12/27 09:05 Workers at Kenda Tires factory (Momentum Mag photo) Workers at Kenda Tires factory (Momentum Mag photo) Business sentiment in the local manufacturing sector improved in November, as old-economy industries gradually came out of the doldrums previously caused by the COVID-19 pandemic, according to the Taiwan Institute of Economic Research (TIER). Citing the results of a survey, TIER, one of Taiwan s leading think tanks, said that the composite index for the manufacturing sector, which gauges business sentiment among manufacturers, rose 1.91 points from a month earlier to 103.11 in November, marking the seventh consecutive month of growth. The November index also hit the highest level since August 2014, according to TIER. Bucking the upturn, the composite index for the property sector moved lower by 2.22 points from a month earlier to 109.23 in November, stopping a two-month rising streak, in the wak

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