The initial recovery phase of the leading economies in the second half of 1975 occurred at a fairly leisurely pace compared to past experience of the upturn. However, the first quarter of 1976 has seen industrial production expanding rapidly in most countries, with an expected rise of 10% over the same period last year. This increases momentum in the world economy has led to revision of official forecasts of many important indicators. The volume of world trade is now expected to rise by 10% this year. Total output, which fell by 1 ½% last year, should increase by 5% this year. Inflation in most countries is now in single figures on an annual rate basis. Profit levels have improved considerably: so far there is little evidence of a recovery ...
While the world economy has slowed down dramatically, the UK economy seems becalmed. Although indust...
Most forecasters, including the Treasury itself, predict a modest recovery in the economy this year....
For most of the industrialised world the first half of 1977 has been a period of relatively slow gro...
The initial recovery phase of the leading economies in the second half of 1975 occurred at a fairly ...
There are now unmistakable signs of a sustained recovery in world trade and production. Both the imp...
Developments in the early part of this year suggest that in general most countries are likely to exp...
While demand management policies in the major industrialised countries are in a state of concerted d...
There is now ample evidence that the pace of recovery in the major economies slackened during 1976. ...
The world economy is now clearly moving into recession. Industrial output in the United States, havi...
Although circumstances are propitious for a modest expansion in output, business confidence is low a...
The second quarter of this year saw a rapid recovery of activity from its depressed first quarter le...
The present position and outlook might be depicted as follows. The recovery can be considered to be ...
In the year just ended, no growth in the aggregate level of output in the UK economy was discernible...
The leading economies have now reached a stage where many economists and policy makers are questioni...
Output is now increasing at a moderate pace in most of the major developed economies. In most cases ...
While the world economy has slowed down dramatically, the UK economy seems becalmed. Although indust...
Most forecasters, including the Treasury itself, predict a modest recovery in the economy this year....
For most of the industrialised world the first half of 1977 has been a period of relatively slow gro...
The initial recovery phase of the leading economies in the second half of 1975 occurred at a fairly ...
There are now unmistakable signs of a sustained recovery in world trade and production. Both the imp...
Developments in the early part of this year suggest that in general most countries are likely to exp...
While demand management policies in the major industrialised countries are in a state of concerted d...
There is now ample evidence that the pace of recovery in the major economies slackened during 1976. ...
The world economy is now clearly moving into recession. Industrial output in the United States, havi...
Although circumstances are propitious for a modest expansion in output, business confidence is low a...
The second quarter of this year saw a rapid recovery of activity from its depressed first quarter le...
The present position and outlook might be depicted as follows. The recovery can be considered to be ...
In the year just ended, no growth in the aggregate level of output in the UK economy was discernible...
The leading economies have now reached a stage where many economists and policy makers are questioni...
Output is now increasing at a moderate pace in most of the major developed economies. In most cases ...
While the world economy has slowed down dramatically, the UK economy seems becalmed. Although indust...
Most forecasters, including the Treasury itself, predict a modest recovery in the economy this year....
For most of the industrialised world the first half of 1977 has been a period of relatively slow gro...