SECOND LOOK: Britain's economy shrank by 0.5 percent between April and June — slightly less than previously feared — though the revised official figures published Friday still show the country is stuck in recession.
TWO SECTORS: The Office for National Statistics said the revision from a 0.7 percent drop was in part due to a milder-than-forecast drop in manufacturing and construction output. Those two sectors nevertheless remain the weak points of the economy.
REIGN AND RAIN: The one-off jubilee holiday to mark Queen Elizabeth II's 60 years on the throne — and a sustained bout of wet weather earlier this year — may also have played a role in keeping the economy down.