EEF NW comment on GDP data

David Ost, North West Region Director at EEF

Commenting on today’s announcement on GDP data, David Ost, North West Region Director of EEF, the manufacturers’ organisation, said: “While ONS has revised away the double-dip downturn and confirmed that the economy grew in the first quarter of this year, that is where the positive news ends.

"Output across the economy and manufacturing has made up less ground since the end of the recession than previously thought and signs of any sustained rebalancing towards trade and investment remain elusive.”