The Economy has Tanked

Wednesday 11 March, 2020 Written by 
The Economy has Tanked

ECONOMY - Commenting on today’s GDP figures for the three months to January, Head of GDP at the Office of National Statistics, Rob Kent-Smith said:

“The economy continued to show no growth overall in the latest three months. Growth in construction, driven by housebuilding, offset yet another decline in manufacturing, particularly the drinks, cars and machinery industries.

“The dominant service sector also showed no growth in the latest three months with falls in retail and telecoms balanced by strength in rentals, employment and education.”

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