The British economy [December 1991]

Jim Love, Brian Ashcroft, Neil Dourmashkin, Richard Brooks, Paul Draper, Stewart Dunlop, Eleanor Malloy, Peter McGregor, Iain McNicoll, Mark McFarland, Eric McRory, Roger Perman, Kim Swales, Jim Stevens, Ya Ping Yin, Jim Love (Editor), Fraser of Allander Institute

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Abstract

With the provisional estimate of a 0.3% increase in GDP in the third quarter the recession has technically come to an end. However, the upturn is very weak and hesitant. The rate of recovery over the next two quarters will be largely governed by the extent to which consumers raise spending by taking on new credit.
Original languageEnglish
Pages (from-to)6-9
Number of pages4
JournalQuarterly Economic Commentary
Volume17
Issue number2
Publication statusPublished - Dec 1991

Keywords

  • British economic trends
  • economic forecasts
  • United Kingdom
  • UK macroeconomic trends
  • labour market conditions

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