EEF comment on GDP numbers

Commenting on today's GDP numbers, EEF Chief Economist, Lee Hopley, said:

"Despite a rocky start to the year the economy now seems to have turned a corner with an albeit modest expansion in the first quarter. Manufacturing continues to play a more substantial role in the recovery with output up more than 1% on a year ago.

"However, it will be the decisions on tax and spending that come after the election that will determine whether more balanced growth can be sustained as the recovery continues."