The Economic Situation: Annual Review: Chapter IV. Industrial Production

Anonymous

National Institute Economic Review, 1970, vol. 51, 47-58

Abstract: A year ago(1) it was expected that industrial production in 1969 would be some 4 per cent above the average for 1968. This was based on the general forecast for the whole economy, which on the basis of unchanged policies predicted a rise of 31 per cent in GDP. In the event, GDP rose some 2 per cent only and the advance in industrial activity was also consequently slower than expected, probably only about 2½ per cent (table 1). Within this general framework the rate of growth of manufacturing was some 3½ per cent, that of the electricity, gas, and water industries about 6½ per cent, but there were considerable setbacks in the fields of mining and construction. The production indices for these last fell 6½ and 2½ per cent respectively from 1968 to 1969.

Date: 1970
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:
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:51:y:1970:i::p:47-58_5

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 ().