A review of the quarter's economic trends [August 1983]

Kirwan, Frank and Buchanan, Bob and Crawford, Robert and Harrigan, Frank and Moar, Lyle and McGillivray, Alan and O'Donnell, Noreen and Simpson, David and Tait, Elizabeth and Walker, Jim and Wingfield, Alison (1983) A review of the quarter's economic trends [August 1983]. Quarterly Economic Commentary, 9 (1). pp. 1-10. ISSN 0306-7866

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Output is now increasing at a moderate pace in most of the major developed economies. In most cases the recovery is being sustained by buoyant consumers expenditure and by the end of stock liquidation. Of themselves these are inadequate to sustain a prolonged upturn in economic activity. The key to such an upturn is a revival in business investment.