Review of the quarter's economic trends [July 1980]

David N.F. Bell, Neil Fraser, Douglas Hamilton, F. Harrigan, Anne Jowett, Frank X. Kirwan, Iain McNicoll, Lyle Moar, N. O'Donnell, Ian Orton, David N.F. Bell (Editor)

Research output: Contribution to journalArticle

86 Downloads (Pure)

Abstract

The world economy is now clearly moving into recession. Industrial output in the United States, having risen by 9.7% between 1st quarter 1978 and 1st quarter 1979, fell back in the first three months of 1980, with production in March 1.5% below the level of the same month in 1979. The UK economy has entered a recession whose depth and intensity are likely to exceed the corresponding characteristics of the 1974-75 downturn.
Original languageEnglish
Pages (from-to)1-5
Number of pages5
JournalQuarterly Economic Commentary
Volume6
Issue number1
Publication statusPublished - Jul 1980

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth

Keywords

  • unemployment forecasts
  • world economic performance
  • UK economic conditions

Fingerprint

Dive into the research topics of 'Review of the quarter's economic trends [July 1980]'. Together they form a unique fingerprint.

Cite this