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Posted: Fri Aug 27, 2010 11:07 am
by henpecked
The economy grew 'unexpectedly' by 1.2% in the last quarter. Underpinned by the building trade :p
LINK
Hp
Posted: Fri Aug 27, 2010 6:10 pm
by flowjoe
I was talking about this today, one large developer we work for is opening up plenty or previously moth balled sites and they are selling well on already completed sites.
Less talk about a bloody double dip and more news like this can only be a good thing !
Posted: Fri Aug 27, 2010 6:47 pm
by GB_Groundworks
It was expected at 1.1% so it's only 0.01% better but I'll take that till the vat rate goes up in jan.
Posted: Sat Aug 28, 2010 5:45 pm
by rab1
the arse is still falling out of commercial/industrial construction in a big way, but we felt the recession much latter than house building etc. ???
Posted: Sat Aug 28, 2010 8:37 pm
by henpecked
Yes, housing was hit hard. 
Its been a long time in returning, hopefully this will be the start of the climb out of the trough.
Hp