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The Reasons Behind The Building Boom - Ons Figures


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HOLA445

http://brickonomics....-the-axe-falls/

In the three months to May more public money was spent on construction than in any quarter on record.

nice find

"And if that isn’t deflating enough, there’s the almost inevitable probability that a slice of the pre-Election boost wasn’t down to the General Election but to firms catching up on work held up by the hideous weather at the start of the year. This will put the latest figures into a very flattering light."

so it was the snow what dun it for us, Guv!

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HOLA446

nice find

"And if that isn’t deflating enough, there’s the almost inevitable probability that a slice of the pre-Election boost wasn’t down to the General Election but to firms catching up on work held up by the hideous weather at the start of the year. This will put the latest figures into a very flattering light."

so it was the snow what dun it for us, Guv!

And yes... one month of positive, but albeit misleading GDP figures, and Darling crawls out of the woodwork to claim that this "puts pay" to the argument of the coalition that cuts are needed, and that it proves the success of his policies.....!

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HOLA447

http://brickonomics.building.co.uk/2010/07/a-last-hurrah-for-construction-before-the-axe-falls/

In the three months to May more public money was spent on construction than in any quarter on record.

This shows that the Labour election printing press is still puffing and panting its way to death. It highlights that todays Qtr2 growth figures are going to turn out to be a false dawn. It does not 'justify Osbournes budget' in starting cutting early. But he still has no choice. The winter will look rather different as cuts start to take effect. I won't be buying Sterling yet - not until proper deleveraging has taken grip.

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