Gaza War Could Push Slowing Israeli Economy Into Contraction
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At the Ashkelon factory of Israeli mattress manufacturer Polyron, the sirens set off by militant rocket fire from the Gaza Strip just 8 kilometers (5 miles) to the south are taking a toll.
“Instead of doing 100 mattresses, you do 50 or 60, having to run five or six times a day to the bomb shelter,” said marketing executive Alon Zimmerman. As a result, sales in July plunged by a third from the same month in 2013, a shortfall Zimmerman estimates will take a year to make up.