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Monday, 03/30/2009 10:37:01 AM

Monday, March 30, 2009 10:37:01 AM

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The Canadian Manufacturers & Exporters group says its March business conditions survey suggests the economic decline appears to be slowing though rough times still lay ahead for the troubled economy, especially if the credit crunch that has hurt many companies persists.

“It's a glimmer of hope in an otherwise bleak outlook,” said CME president Jayson Myers. “The real economic impacts are still to be felt, but it is encouraging news that the economic decline appears to be slowing.”

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