The UK Economy
Nigel Pain,
Rebecca Riley and
Martin Weale
National Institute Economic Review, 2002, vol. 180, 34-40
Abstract:
Ahead of the official data, we anticipate only slow growth in the first quarter of this year. GDP stagnated in the fourth quarter of 2001, with continued growth in the service sector being offset by a sharp contraction of 2.2 per cent in industrial production. It appears increasingly likely that this was just a temporary pause. Whilst growth is expected to be faster later in the year, as shown in chart 1, the relatively poor performance at the turn of the year and lower projections for government spending growth this year mean that we now expect only a 1.8 per cent rise in GDP in the year as a whole, below the bottom end of the range projected by the Treasury in the recent Budget forecast. The risk of the green shoots of recovery failing to consolidate remains as a downside risk to our central forecast.
Date: 2002
References: Add references at CitEc
Citations:
Downloads: (external link)
https://www.cambridge.org/core/product/identifier/ ... type/journal_article link to article abstract page (text/html)
Related works:
Journal Article: The UK Economy (2003) 
Journal Article: The UK Economy (2003) 
Journal Article: The UK Economy (2003) 
Journal Article: The UK Economy (2003) 
Journal Article: The UK Economy (2002) 
Journal Article: The UK Economy (2002) 
Journal Article: The UK Economy (2001) 
Journal Article: The UK Economy (2001) 
Journal Article: The UK Economy (2000) 
Journal Article: The UK Economy (1998) 
Journal Article: The UK economy (1998) 
Journal Article: The UK Economy (1994) 
Journal Article: The UK Economy (1994) 
Journal Article: The UK Economy (1994) 
Journal Article: The Economy (1994) 
Journal Article: The UK Economy (1993) 
Journal Article: The UK Economy (1993) 
Journal Article: The UK Economy (1992) 
Journal Article: The UK Economy (1992) 
Journal Article: The UK Economy (1992) 
Journal Article: The UK Economy (1992) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:cup:nierev:v:180:y:2002:i::p:34-40_6
Access Statistics for this article
More articles in National Institute Economic Review from National Institute of Economic and Social Research Cambridge University Press, UPH, Shaftesbury Road, Cambridge CB2 8BS UK. Contact information at EDIRC.
Bibliographic data for series maintained by Kirk Stebbing ().