Recession over? Not around here, it isn't (From Redditch Advertiser)
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Recession over? Not around here, it isn't
3:00pm Monday 29th October 2012 in News
THE recession may be over for now, but business owners in Worcestershire say they are praying for signs it has gone for good.
Shopkeepers, independent traders, car garages, big companies – they all say they are still counting the pennies despite the economy improving.
Data released last Thursday showed output increased by one per cent between June and September, with a spending boom fuelled by the London Olympics.
One of the hardest hit areas remains the construction industry – a sector which shrank 2.5 per cent despite growth elsewhere.
Other businesses said they had noticed pleasing trends in recent weeks, giving hope the quarter from October to December will show further growth.
