The British economy [June 1993]

McFarland, Mark and Ashcroft, Brian and Draper, Paul and Dunlop, Stewart and Leith, Campbell and Le Tissier, Sarah and Lockyer, Cliff and Malloy, Eleanor and McGough, Tony and McGregor, Peter and McNicoll, Iain and McRory, Eric and Reid, Clare and Smith, Ronnie and Stevens, Jim and Swales, Kim and Yin, Ya Ping, Fraser of Allander Institute (1993) The British economy [June 1993]. Quarterly Economic Commentary, 18 (4). pp. 5-9. ISSN 0306-7866

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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.