Friday, May 22, 2009

Not good.

The Telegraph: UK GDP: inventories fall at record pace

* GDP - down 1.9pc in 3 months.
* Manufacturing - biggest quarterly fall in output since records began in 1955
* Production - biggest quarterly fall in output since Q1 1974
* Compensation for employees - biggest quarterly fall since records began in 1955
* Spending by households - down 1.2pc, the biggest drop since 1980

Posted by devo @ 10:57 PM (424 views) Add Comment

No comments have been submitted.

Be the first person to add your comment by completing the form below.

Add comment

Username   Admin Password (optional)
Email Address
Comments
  • If you do not have an admin password leave the password field blank.
  • If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Main Blog | Archive | Add Article | Blog Policies