Friday, Jun 05, 2009
2.4% revised to 9%. Bit out then!
BBC News: UK economy is 'shrinking faster'
construction industry could mean the UK economy shrank more than first thought in the first three months of 2009.
The Office for National Statistics said that construction output fell by 9% in the first quarter, much more than an initial estimate of 2.4%
ONS officials said "all things being equal", this could suggest the economy shrank 2.2% in the first quarter.
Posted by flintster1994 @ 01:46 PM (507 views) Add Comment
1 Comment
- 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
1. Andy Pain said...
Lies, damn lies and statistics. Another load of official twaddle unconnected to reality. When Gordon says he's the best man for the job he's out by the same 350% that the ONS is with their forecasts.