It would seem the outlook for the UK economy remains depressed. Whilst there may be an ephemeral boost to activity which follows from the rebuilding of stocks and the (less certain) restoration of normal savings behaviour, there is little reason to believe that other demand aggregates will recover sufficiently to avoid unemployment passing the three million mark by the end of this year. The latest UK and world economic data will be examined in order to provide an appraisal of the UK's current economic predicament and future prospects.
|Number of pages||5|
|Journal||Quarterly Economic Commentary|
|Publication status||Published - Jul 1981|
- UK economic growth
- economic conditions
- global economic performance
Fraser, N., Hamilton, D., Harrigan, F., Jowett, A., McNicoll, I., Moar, L., O'Donnell, N., Orton, I., Simpson, D., Tait, E., Walker, J., & Fraser, N. (Ed.) (1981). Review of the quarter's economic trends [July 1981]. Quarterly Economic Commentary, 7(1), 1-5.