DST saved economy NIS 70m.

By MATTHEW KRIEGER
September 10, 2007 07:51

Daylight savings time generated some NIS 70 million for the local economy through a combination of lower electricity consumption, increased worker productivity and a rise in sales, the Federation of Israeli Chambers of Commerce reported on Sunday.




Daylight savings time generated some NIS 70 million for the local economy through a combination of lower electricity consumption, increased worker productivity and a rise in sales, the Federation of Israeli Chambers of Commerce reported on Sunday. The summer clock, which is set to end Sunday September 16 when the country switches its clocks back one hour, also added greatly to the quality of life of Israeli citizens, said Yechezkel Daskal, director general of the FICC, as it provided an additional hour of daylight to enjoy free-time with family and friends.


Related Content

The Teva Pharmaceutical Industries
April 30, 2015
Teva doubles down on Mylan, despite rejection

By GLOBES, NIV ELIS

Israel Weather
  • 6 - 17
    Beer Sheva
    9 - 18
    Tel Aviv - Yafo
  • 6 - 12
    Jerusalem
    8 - 16
    Haifa
  • 11 - 22
    Elat
    9 - 19
    Tiberias