Export-led economic recovery
During the financial crisis, the UK manufacturing sector took a battering as demand for British-made products slumped. In fact, it was the six consecutive monthly slumps in output during 2008 that confirmed the economy's slip into recession. Today, however, while national demand for these products hasn't seen a significant rebound, net exports are believed to be at pre-recession levels and overall net trade is falling as we rely less on foreign imports.
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