UK output continues to decline as recession ends in France and Germany

The Independent | Aug. 13, 2009 (Editorial)

David Buik of BGC Partners said Germany and France would recover more quickly because of their prowess in exporting - contrasting with the UK's emphasis on services and banking.

"If one ignores manufacturing output and industrial production ... financial chickens come home to roost," he said. Full Story »

Posted by Chris Finnie

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Subjects: World, Business
Topics: Global Economy
Editorial Help
Posted by: Posted by Chris Finnie - Aug 13, 2009 - 8:03 AM PDT
Reviewed by: Chris Finnie (review)
Content Type: Article
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Edited by: Chris Finnie - Aug 13, 2009 - 8:03 AM PDT
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 by Chris Finnie - Aug. 13, 2009

Interesting observation on the difference in the economies. It applies to the US as well. We have virtually no manufacturing sector left. If this analyst is correct, it could have implications for our recovery too.

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