The Economic Situation: Annual Review

Anonymous

National Institute Economic Review, 1965, vol. 31, 4-13

Abstract: 1964 was not in fact a stagnant year—as some of the economic indicators in the summer and early autumn were beginning to suggest. There is a good deal of evidence—in the production index, and in provisional figures for consumers' expenditure and exports—which points to a strong rise in output towards the end of the year. So the national product during 1964— that is from the fourth quarter of 1963 to the fourth quarter of 1964—probably rose by some 3½ per cent. This was less, of course, than the very rapid increase during 1963 ; but it was still well above the average of the last decade.

Date: 1965
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