Friday, January 11, 2008

The dreaded ”R” word……

Recession fears as manufacturing drops

It's coming, no doubt about that........''Output in November drops 0.1 per cent, prompting warnings that the manufacturing sector is heading to recession.'' ''Manufacturing succumbed to its second drop in output in three months in November, sparking warnings from City economists that the British industry could slide into a new recession later this year''

Posted by hpwatcher @ 04:15 PM (760 views)
Please complete the required fields.



5 thoughts on “The dreaded ”R” word……

  • An Bearin Bui says:

    Manufacturing? What manufacturing? I didn’t know there was any left in the UK…

    Reply
    Please complete the required fields.



  • tyrellcorporation says:

    It pisses me off that to get any reduction in house prices we have to undergo a recession – what a farce! I work doing high-end computer 3D graphics and my line of work is probably going to suffer. I can’t now bail out of the UK either as Sterling is being sacrificed on the HPI alter and house prices have yet to fall in any meaningful way.

    Nice one Gordon, thanks for erasing the chance of a decent life in the UK!

    Reply
    Please complete the required fields.



  • @tyrellcorporation

    I’m in the same boat. I will almost certainly get laid off.

    I thought GB said no more boom & bust? Well, we have had the boom………

    Reply
    Please complete the required fields.



  • BB – What do you mean no manufacturing. We are world leaders in the manufacturing of Bands, Statistics and Reality TV shows.

    Reply
    Please complete the required fields.



  • We export Buy to Let? Is that creating something?

    Reply
    Please complete the required fields.



Add a comment

  • 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

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>