Order bookings decreased 12 percent in the quarter to 34.4 billion kronor ( US $ 4.3 billion ), although adjusted for currency rate effects, Skanska said orders were flat on last year.
22.
The group said its real internal growth _ a measure of sales which excludes exchange rate effects and the impact of acquisitions _ rose by 2.1 percent in the first half of 1999.
23.
"People are going to find the exchange rate effect favorable, so this gives the weaker currency countries more room to cut, " said Steve Englander, a European economist at Smith Barney in Paris.
24.
There are many related ways in which people violate the normative rules of decision making with regard to probability including the hindsight bias, the neglect of prior base rates effect, and the gambler's fallacy.
25.
In particular Oce said lira, pound and dollar weakness damped its sales figures and noted that the volume increase in sales largely offsets the decrease in gross margin caused by negative exchange rate effects.
26.
The group said its real internal growth _ a measure of sales which excludes exchange rate effects and the impact of acquisitions _ rose by 2 . 1 percent in the first half of 1999.
27.
Order bookings decreased 12 percent in the quarter to 34 . 4 billion kronor ( US $ 4 . 3 billion ), although adjusted for currency rate effects, Skanska said orders were flat on last year.
28.
"The interest rate effect helped CTC in particular, " said Laborde, referring to telecommunications company Compania de Telecomunicaciones de Chile SA . CTC said yesterday it paid a quarterly dividend of 13.92 pesos per common share.
29.
While the details don't lend themselves to any detailed treatment here, Golob concludes that the interest rate effects would favor small business because many would gain more from lower interest rates than they would lose in deductions.
30.
"The interest rate effect helped CTC in particular, " said Laborde, referring to telecommunications company Compania de Telecomunicaciones de Chile SA . CTC said yesterday it paid a quarterly dividend of 13 . 92 pesos per common share.