Hauliers The New Economic Barometer?
on: April 29, 2009, 3:10 am
Head one of the countryís leading HGV insurance providers has said
that it’s possible the Haulage industry may be the new barometer
to assess fluctuations in the economy.
Staveley Head spokesman said "Traditionally it was always
the motor manufacturing industry that was recognised as the barometer
for any economic recession or recovery, but of course we no longer
have sufficient motor manufacturing capacity in the UK on which
to base an opinion. More recently it has been suggested that the
building industry is the new barometer but the agricultural and
general manufacturing industries combined contribute a far bigger
percentage of the Gross Domestic Product than the building trade.
It would seem logical that any function dependent on agriculture
and manufacturing would be a more accurate indicator of deepening
economic recession or recovery."
would seem to be the obvious choice. Haulage facilities are needed
by both agriculture and manufacturing to transport their produce.
In a buoyant market the call for hauliers will increase and conversely
in a declining market the need will diminish. Either way, hauliers
will be among the first to feel the affect.”
to our substantial involvement in truck insurance we areaware that
hauliers are experiencing hard times, like so many other industries,
and few are anticipating any upturn in the immediate future; but
at least they have the comfort of knowing that when the 'green
shoots of recovery' do finally arrive they should be among the
first to benefit."
you want further information about this subject, want to compare
HGV insurance or simply want a truck insurance quote Staveley
Head will be pleased to assist.
Head is one of the country's leading lorry insurance providers
and will give you all the advice and assistance you need, including
a very competitive truck insurance quote, if you log on to their
Contact Details: Staveley Head, Staveley House,
Flint, United Kingdom,
Telephone: 0845 017 9991, Email: email@example.com