Northern war costs economy more than $100 million a day
About 35% of the 1,800 factories and small manufacturing businesses in Haifa and the North are shut, while about 35% are in partial operation. The rest were working as usual.
By SHARON WROBELclosed businesses 88 298(photo credit: Ariel Jerozlimski)
The rocket barrage on the North is costing the country over $100 million a day, but economists at Dun & Bradstreet are confident the nation's economic health is still not at risk.
"On the back of Israel's economic strength and a growth rate which is one of the highest in the Western world, we don't expect the period of conflict to substantially harm annual growth rates," said Reuven Kuvent, D&B Israel general-manager.
