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Tuesday, 19 December 2017

The BBC hiding any good economic news

Manufacturing order books were close to a 30 year high in the three months to December, according to the latest monthly CBI Industrial Trends Survey.

In detail:

  • 28% of manufacturers reported total order books to be above normal, at the +17% level last seen in August 1988
  • 28% of firms said their export order books were above normal, at +16% which is well above the long-run average of -18%
  • 42% of businesses said the volume of output over the past three months was up and 11% said it was down, giving a rounded balance of +30% above the long-run average of +4%
  • 29% of companies expect average selling prices to increase in the coming three months, with 6% predicting a decline, giving a balance of +23%
In addition the CBI’s Employment Trends Survey of 299 firms employing around 1 million people found that 51% of firms across the UK will grow their workforce in the year ahead, with confidence highest amongst small and mid-sized firms (58%). The majority (52%) of firms aim to raise pay for their employees in line with or above inflation in the coming year.


So I looked on the BBC website for their coverage of this news. Nothing on the BBC news home page, nothing  on their business news home page


So I searched the BBC site for CBI Industrial Trends:


The top three pages returned aren't the most recent but rather they are the most negative pages returned. There are some positive returns but you have to page down for them. There is no page returned by the search for the current report, the latest being from April 2017.

Could the BBC really be trying to minimise coverage of good economic news, despite Brexit?

Or might it be that the BBC's search facility is just crap?

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