The Economic Situation: The Home Economy

Anonymous

National Institute Economic Review, 1966, vol. 36, 4-20

Abstract: This appraisal of the economic situation sets out to do four things. First, it re-examines the pre-Budget position and prospects : there are three months' more figures now. The revisions to the pre-Budget demand prospects are, on balance, upwards. Secondly, it tries to quantify the effects of the Budget measures-in particular the selective employment tax. Thirdly, the crucial balance of payments forecast is redone. The figures come out a little better than those of February. Finally, something is said about the seamen's strikethough no attempt is made to incorporate its consequences into the figures in the basic tables.

Date: 1966
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