unusual orders also disappoint in December as firms blame continued slowdown on falling demand for consumer goods and machine tools UK factories entered 2016 in a “state of near stagnation” following a decline in output growth and unusual orders during December.
Firms blamed the weaker than expected growth on falling demand for consumer goods and machine tools, which have experienced a long slowdown in growth since a peak in 2014 apart from a recovery in the summer. Related: Recovery 'too reliant on consumer debt' as BCC downgrades forecast Related: Factories forecast to shed tens of thousands of jobs in 2016 Continue reading...
Source: theguardian.com