UK Q4 2009 GDP revised up
Labels: economic forecasts, gdp revision
posted by Carl Malways at
17:12
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Labels: economic forecasts, gdp revision
posted by Carl Malways at
17:12
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Tomorrow's second reading of the Q4 GDP figure has been widely expected to show that the UK emerged from recession at a quicker pace than the 0.1% originally shown in the preliminary reading.
Labels: double dip recession, economic recovery, gdp, ons, recession
posted by Carl Malways at
22:10
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Statistics are a funny thing as they can misinform just as much as they inform. As David Brent in The Office said “Statistics are like a lamp-post to a drunken man - more for leaning on than illumination.”
Labels: double dip recession, economic recession, economic statistics, monthly data, recovery 2009, retail
posted by Carl Malways at
21:44
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Up to 2.9%. No worry about interest rates just yet.
posted by Carl Malways at
23:47
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Having been through the most traumatic of years it is easy to believe that the worst is over and that 2010 will be uneventful and perhaps even boring. Nothing could be further from the truth. The outlook for 2010 is one of highs and lows, success and failures. Nowhere will this be more obvious than on the high street.
Carl Malways (economist) – writing for The Retail Database
posted by Carl Malways at
18:49
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The CIPS Purchase Managers Index (PMI) was released today, recording a figure of 50.8 in July, up from 47.4 in the previous month. With the PMI index rising above 50 the manufacturing sector is now showing signs that it is starting to grow again, although at a very modest pace.
Labels: cips pmi survey, economic forecasts, economic recovery, factory jobs, manufacturing jobs, PMI manufacturing, recession 2009, unemployment
posted by Carl Malways at
20:18
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Preliminary GDP data for the UK came in well below analyst expectations today, falling by 0.8% in the second quarter of 2009. Analysts had expected a fall smaller decline of just 0.3%.
Labels: economic analysts, economic expecations, economic growth, economic improvement, economic optimism, false optimism, gdp, inventory cycle, recession, unemployment
posted by Carl Malways at
15:16
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