The company attributed the loss to the worldwide downturn in industrial equipment markets.
The next few years were also a bit slow due to the worldwide economic downturn and the fear of flying brought on by September 11, 2001.
The recent worldwide economic downturn has also brought a huge number of unemployed people back to school, putting further pressures on the institutions.
Yesterday's trade figures showed clearly that export volumes were at record levels even in a worldwide economic downturn.
Consumer demand, particularly for cheese, has slipped amid the worldwide economic downturn.
That year they also laid off 100 employees due to the worldwide economic downturn.
We are certainly not immune to a major worldwide economic downturn.
Officials announced no similar concerted action to fight the worldwide economic downturn.
New figures show that German households are happy spending again following the worldwide economic downturn.
From there the story turns to worldwide downturn and even deflation reminiscent of the 1930's.