• 08 Dec 2009 at 1:37 PM

No Future

More bad news from the last recessing economy in the universe: The manufacturing sector simply refuses to grow.
It was flat in October, according to government statistics. And while we’re raining on the parade, let’s also note that manufacturing did even worse the prior month than we expected, with September’s industrial output numbers revised down.


But it’s the October figures that really sting, managing to disappoint even the modest growth expectations set for the month. Britain’s manufacturing sector has now failed to grow for 18 straight months.
UK manufacturing sector stalls [Guardian]

Comments (9)

  1. Posted by guest | December 8, 2009 at 1:42 PM

    stupid brits deserve it

  2. Posted by guest | December 8, 2009 at 1:42 PM

    stupid brits deserve it

  3. Posted by guest | December 8, 2009 at 1:43 PM

    LEH quant here, what’s a manufacturing sector?

  4. Posted by guest | December 8, 2009 at 1:57 PM

    great tags

  5. Posted by pfluger | December 8, 2009 at 2:03 PM

    Its a real shame that their PM isn’t “creating” jobs, like we are.

  6. Posted by guest | December 8, 2009 at 2:08 PM

    wow to save the their economy, maybe they should try a govt run medical overhaul that will cost trillions. While the govt taxes the “wealthy”, small business and takes over private industry. All the while job numbers float at over 10%
    Do we have to teach these people everything?
    Obama approval rating lowest in US Prez history at 46%.
    seriously fuck you for voting for him!
    All of you!

  7. Posted by guest | December 8, 2009 at 2:15 PM

    waaahhhhh : – (

  8. Posted by pfluger | December 8, 2009 at 2:24 PM

    @6= 1/MM
    (the inverse of MM, clueless; and unfamiliar with the definition of “sarcasm.”)

  9. Posted by guest | December 8, 2009 at 2:27 PM

    @8 I inversed your moms anus.
    -6

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