Modern Day England Industries
England’s industry sectors have, for long, been a pillar of the nation’s economy. With abundant resources and an efficient workforce, industrialization matured quickly in England and gave enough resources for the country to thrive on its own. Soon, other sectors were explored and today, the service sector contributes the maximum to the GDP. According to the 2009 estimates, this sector contributed 75% of the total GDP.
As far as the industries are concerned, the UK has developed expertise in producing and manufacturing the following products:
- · Machine tools
- · Electric power equipment
- · Automation equipment
- · Railroad equipment
- · Shipbuilding
- · Aircraft
- · Motor vehicles and parts
- · Electronics and communications equipment
- · Metals
- · Chemicals
- · Coal
- · Petroleum
- · Paper and paper products
- · Food processing
- · Textiles
- · Clothing
Tourism and the construction industry have risen sharply in the late 1990s and the 2000s, and therefore have started contributing more to the country’s growth. However, the recession years did hamper the performance, with the industrial growth rate being recorded at -9.4%.
