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Latest News

Manufacturing figures fuel recession speculation

by Personnel Today 8 Jun 2001
by Personnel Today 8 Jun 2001

UK manufacturing output  fell by 0.9
per cent in April, according to the Office for National Statistics. The figure represents
the largest monthly fall since August 1997.

In the past three months, output dropped by 1.1 per cent, the worst fall
since September 1991 when the sector was in recession.

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Economists have been surprised by the decline and the figures have prompted
renewed talk of a recession in the sector.

The ONS says a major contributor to the headline figures was 3.7 per cent fall
in output from electrical and optical equipment industries, and notably the
mobile phone sector.

Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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