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The UK Economy

Section 1. Recent developments and summary of the forecast

Published online by Cambridge University Press:  26 March 2020

Extract

After last year's very modest slowdown in growth, the UK economy now appears to be on the brink of a period of much more rapid expansion. Even those sectors, such as manufacturing and construction, which had been stagnating, have picked up speed since the middle of last year and there are signs that all sectors of the economy will grow strongly this year.

Type
Articles
Copyright
Copyright © 2000 National Institute of Economic and Social Research

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Footnotes

The forecast was compiled using the latest version of the National Institute Domestic Econometric Model. I am grateful to Ray Barrell, Richard Kneller, Nigel Pain, Rebecca Riley and Martin Weale for comment and discussion.