The British economy [May 1987]

Brian Ashcroft, Jim Walker, Stephen Boyle, Paul Draper, Frank Harrigan, John Heeley, Iain Jenkins, Cliff Lockyer, Jim H Love, Peter McGregor, Iain McNicolI, Roger Perman, David Simpson, Jim Stevens, Brian Ashcroft (Editor), Jim Walker (Editor)

Research output: Contribution to journalArticle

Abstract

The improvements in output, employment and unemployment, appear to be continuing. The growth in consumer spending may be beginning to slacken, although in view of the underlying buoyancy in its key determinants and the eventual effects of the Budget changes, this judgement may be a little premature. Investment is expected to rise substantially above 1986 levels by the end of the year. Exports appear also to be on a rising trend. The main cause for concern over the coming months is whether Britain's domestic supply capacity can accommodate a sustained increase in aggregate demand and whether lower interest rates will add to domestic demand pressures in a situation when monetary conditions are already relatively lax.
LanguageEnglish
Pages8-17
Number of pages10
JournalQuarterly Economic Commentary
Volume12
Issue number4
Publication statusPublished - 1 May 1987

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Aggregate demand
Consumer spending
Unemployment
Interest rates
Domestic demand

Keywords

  • Fraser of Allander
  • British economic activity
  • British economic conditions

Cite this

Ashcroft, B., Walker, J., Boyle, S., Draper, P., Harrigan, F., Heeley, J., ... Walker, J. (Ed.) (1987). The British economy [May 1987]. Quarterly Economic Commentary, 12(4), 8-17.
Ashcroft, Brian ; Walker, Jim ; Boyle, Stephen ; Draper, Paul ; Harrigan, Frank ; Heeley, John ; Jenkins, Iain ; Lockyer, Cliff ; Love, Jim H ; McGregor, Peter ; McNicolI, Iain ; Perman, Roger ; Simpson, David ; Stevens, Jim ; Ashcroft, Brian (Editor) ; Walker, Jim (Editor). / The British economy [May 1987]. In: Quarterly Economic Commentary. 1987 ; Vol. 12, No. 4. pp. 8-17.
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Ashcroft, B, Walker, J, Boyle, S, Draper, P, Harrigan, F, Heeley, J, Jenkins, I, Lockyer, C, Love, JH, McGregor, P, McNicolI, I, Perman, R, Simpson, D, Stevens, J, Ashcroft, B (ed.) & Walker, J (ed.) 1987, 'The British economy [May 1987]' Quarterly Economic Commentary, vol. 12, no. 4, pp. 8-17.

The British economy [May 1987]. / Ashcroft, Brian; Walker, Jim; Boyle, Stephen; Draper, Paul; Harrigan, Frank; Heeley, John; Jenkins, Iain; Lockyer, Cliff; Love, Jim H; McGregor, Peter; McNicolI, Iain; Perman, Roger; Simpson, David; Stevens, Jim; Ashcroft, Brian (Editor); Walker, Jim (Editor).

In: Quarterly Economic Commentary, Vol. 12, No. 4, 01.05.1987, p. 8-17.

Research output: Contribution to journalArticle

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Ashcroft B, Walker J, Boyle S, Draper P, Harrigan F, Heeley J et al. The British economy [May 1987]. Quarterly Economic Commentary. 1987 May 1;12(4):8-17.