Coming from the world of design history, one might expece that industrial decline is a bad thing; industry shuts down, less is made; people have less money to spend, less is bought; therefore, design suffers. One could go further and assume that all incidental creative arts must suffer too. However, apply some deeper thought and the assumptioin begins to falter. What 'industry' is left in an economy like the UK's? And, do we confuse 'industrial' with 'economic' when we use the term?