The British economy [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) The British economy [September 1992]. Quarterly Economic Commentary, 18 (1). pp. 8-10. ISSN 0306-7866

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    Abstract

    The recession continues to persist with very few signs of a sustained expansion of output in the near future. Consumer demand remained weak throughout the summer, which, coupled with turmoil on the international currency markets, is depressing business confidence and diminishing the prospect of much improvement in output growth during the remainder of the year. Further analysis of the latest UK economic data are provided.