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Category Archives: production

UK Manufacturing grinds to a halt

Manufacturing has been driving our economic recovery, such as it is, and was expected to continue to do so. But, there is bad news. Although manufacturing output grew by 0.9% in January, it failed to grow at all in February. Alan Clarke, UK economist at BNP Paribas, was quoted as saying that the data was “bitterly disappointing”. The wider measure … Continue reading

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Shock figures on UK economic growth

UK GDP actually fell by 0.5% in the fourth quarter of 2010, according to figures just released by the Office for National Statistics. This figure has come as a complete shock to economics observers, with most analysts predicting a growth figure of between 0.2% and 0.7%. Since the recovery started in the final quarter of 2009, we have seen four … Continue reading

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How bad are the UK growth figures?

Gross Domestic Product (GDP) rose by only 0.2% in the first quarter of this year, compared with an increase of 0.4% in the previous quarter, according to the Office for National Statistics on Friday. This was lower than most economists expected. The first reason why it may not be as bad as feared, is that the initial estimate for the … Continue reading

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First annual increase in manufacturing for nearly two years

Total manufacturing output rose by 0.2 per cent in January 2010 compared to the same month a year ago showing the first annual increase since March 2008, according to figures just published by the ONS. Output increased in four of the 13 sub-sectors and fell in nine sub-sectors. The largest contributors to the rise were the transport equipment industries, which … Continue reading

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UK manufacturing flat in November

There is no sign of revival in UK manufacturing according to figures published this morning by the Office for National Statistics. There was no growth at all in manufacturing output between October and November 2009. In fact, total manufacturing output fell by 5.4% in November compared with the same month a year ago.   The largest contributors to this decline … Continue reading

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