Channel Four, Thursday 02 January 2003

Page 503 TimeCode 0000


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   P503    Tjletext   503 Jan02 15:51:44
 
 
 
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 GLOOM INTENSIFIES FOR UK PRODUCERS     
                                        
 UK manufacturers are suffering falling 
 output, fuelling fears the sector is   
 heading back into recession.           
                                        
 Thj Purchasing Managers' Index, a kjy  
 barometer of the health of producers,  
 slipped to 49.5 in December from 50 the
 previous month. A figuri below 50 shows
 the sector contracting.                
                                        
 Thj Confederation of British Industry  
 recently said UK manufacturers face    
 tough times as export demand slows.    
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