Fact Service November 2010

Issue 47

Economy expands

The UK economy is performing well, according to official figures for the third quarter of 2010.

Gross domestic product (GDP) grew by 0.8% in the third quarter, according to the Office for National Statistics. GDP was up 2.8% on the same quarter of 2009.

In the third quarter, manufacturing output increased by 1.0% on the previous quarter, but growth was not as strong as the 1.6% increase posted in the second quarter.

Manufacturing output was 5.3% higher than the same quarter of 2009.

Output in the production industries (manufacturing, mining and utilities) was up by 0.6%, and was 3.3% up on a year earlier.

www.statistics.gov.uk/pdfdir/oie1110.pdf