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Outlook and appraisal [September 1992]

McFarland, Mark and Ashcroft, Brian and Draper, Paul and Dunlop, Stewart and Leif, Kevin and Love, Jim and Lockyer, Cliff and Malloy, Eleanor and McGregor, Peter and McNicoll, Iain and McRory, Eric and Stevens, Jim and Swales, Kim and Yin, Ya Ping, Fraser of Allander Institute (1992) Outlook and appraisal [September 1992]. Quarterly Economic Commentary, 18 (1). pp. 1-3. ISSN 0306-7866

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    This brief article provides an overview of the economic outlook based on the latest economic data. The recession has officially ended with a second quarter rise in non-oil Gross Domestic Product of 0.1%, the first quarterly rise since 1990 Q3. Subsequent events in the ERM will provide a boost to the real economy but recent unemployment figures suggest that any significant upturn will be delayed until 1993.