uk recession over

Uk recession over ?

January 26th 2010 is the supposed date that the uk recession is to be declared over. That is the date when we will get figures showing how the economy did in the last three months of 2009.

Hopes were raised yesterday by a report from the Chartered Institute of Purchasing and Supply showing the service sector (which is 70% of the economy) picked up last month. The report follows a set of figures that also showed manufacturers having their best month for two years.

I say it aint over till the fat lady sings.