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UK sectoral output

Cyrille Lenoel () and Garry Young

National Institute UK Economic Outlook, 2021, issue 1, 21-23

Abstract: Most industries experienced large falls in output during the spring lockdown and have only partially recovered by November 2020. Activity is currently subdued even in sectors not directly impacted by social distancing measures because of negative spillovers from other sectors. We forecast the recovery to be relatively stronger compared to the recovery from the 2008-09 recession in the production industries, construction and finance, and to be relatively weaker in the public sector, real estate and private traded services.

Date: 2021
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