Abstract
The recession is over. All the available evidence suggests that the economy 'bottomed out' in the second quarter of 1992. However, the recovery was weak until the turn of the year. In the first quarter of this year, the momentum of recovery appears to have moved up a gear.
Original language | English |
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Pages (from-to) | 5-9 |
Number of pages | 5 |
Journal | Quarterly Economic Commentary |
Volume | 18 |
Issue number | 4 |
Publication status | Published - Jun 1993 |
Keywords
- UK economic trends
- economic forecasts
- British economic output
- British economy
- European economy
- GDP