MSE News: UK economic growth weaker than expected

chucky

Graham_Devon wrote: »

Were not comparing anything to March 2009 though.

Maybe I should have added "spin away people" to the opening post?

lol - maybe you could have understood what you were talking about first then you wouldn't have got yourself in such a muddle :j

Really2

Graham_Devon wrote: »

Were not comparing anything to March 2009 though.

Maybe I should have added "spin away people" to the opening post?

GDP is seasonally adjusted so if they are increasing I fail to see how you can point that to negative TBH.

Anyway it is 40% of all data not retail sales missing. Last prelim was +0.1 final was + 0.4.

With exports increasing etc I really do not think we are going to dip back in to recession this quarter.

I am sorry if that does not fit with your view of the world.

Graham_Devon

LOL I'm just reporting the figures, and have heard on the news that retail could bring the figure down.

Take it your both getting personal now because you don't like the figure?

Really2

Graham_Devon wrote: »

LOL I'm just reporting the figures, and have heard on the news that retail could bring the figure down.

Take it your both getting personal now because you don't like the figure?

But what about exports

K auto production rose 90% yoy in March. The industry produced 316,067 vehicles in Q1, a 72.7% yoy increase.
• Total UK auto sales figure jumped 27% yoy in March to 397,380 units, although scrappage incentive scheme ended in February 2010. Sales growth abated from 57% yoy in February and may fall further without incentive support.

it is not all just shopping GD but I will highlight 1 word for you....

Remember the last prelim I would stop beating your negative drum again we know what happened last time.

chucky

Graham_Devon wrote: »

Take it your both getting personal now because you don't like the figure?

i couldn't give a to$$ if it was 0.3 or 0.4

the weather brought the numbers down - like it or leave it

abaxas

chucky wrote: »

i couldn't give a to$$ if it was 0.3 or 0.4

the weather brought the numbers down - like it or leave it

As the scrappage scheme brought forward purchases.

0.2% is nothing really, it just dissapears into the noise.

Really2

Graham_Devon wrote: »

Take it your both getting personal now because you don't like the figure?

Who is getting personal, I like growth the figure does not upset me. It is up for revision again before the final version.

UK still not in recession does not upset me but then I was not predicting a double dip.;)

Kohoutek

Wy do people attach so much importance to these figures? 0.2% is nearly a rounding error. The most important figure is surely the level of unemployment. When there's a large net increase in the amount of private sector jobs being created across the economy, we'll know we have a real recovery.

Niche

chucky wrote: »

i couldn't give a to$$ if it was 0.3 or 0.4

the weather brought the numbers down - like it or leave it

Next quarter it will be the ash cloud, dont you just love 'acts of god':D

michaels

0.2% - who'd of predicted that?

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