Output is now increasing at a moderate pace in most of the major developed economies. In most cases the recovery is being sustained by buoyant consumers expenditure and by the end of stock liquidation. Of themselves these are inadequate to sustain a prolonged upturn in economic activity. The key to such an upturn is a revival in business investment.
|Number of pages||10|
|Journal||Quarterly Economic Commentary|
|Publication status||Published - Aug 1983|
- global economic trends
- British economic performance
- UK GDP growth
- industrial output