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Britain a shave above recession

LONDON, July 26 (UPI) -- Britain's gross domestic product rose 0.2 percent in the second quarter of 2011, the Office of National Statistics said Tuesday.

The growth in economic output slowed from the 0.5 percent growth of the first quarter.

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The first quarter's figure was already considered a significant recession scare. Two quarters of negative growth is generally assumed to indicate a country in recession.

ONS said construction output rose by 0.5 percent in the second quarter, while total business production decreased 1.4 percent, following a 0.1 percent decline in the first quarter.

The largest decline came from mining and quarrying. Manufacturing slipped 0.3 percent quarter-to-quarter, while output from mining and quarrying dropped 6.6 percent.

Utilities -- gas, electricity and water supply -- saw a 3.2 percent drop in output. Output from agriculture, forestry and fishing fell 1.3 percent in the quarter.

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