Thread: [update] UK economy grows in Q1 2011
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Old 25-01-2011, 14:25   #13
Flyboy
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Re: 'Shock' Contraction in the UK economy
Oh dear, when the economy was improving, slowly at first, all we could hear from the right, was that it was nothing more than a joke and that the if the growth didn't continue it would prove the economy had been mishandled. But when we are now on the brink of another recession, it is, "don't look, nothing to see here." Did you not understand the point, "the ONS says today's numbers focus on the output side of the economy (services, construction and manufacturing) and don't include consumer spending, which is the area that would be most affected by the weather. This means that the second estimate, due in a month, could come in even worse?"
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