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The Economic Situation

Published online by Cambridge University Press:  26 March 2020

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Extract

This article first examines the trends and prospects in the various elements of home demand and the prospects for exports in the light of world developments. It then looks at the effects on production and imports, and reviews the changes in costs and prices. After discussing the general outlook and the Budget, it analyzes the employment position in some detail.

Type
Research Article
Information
National Institute Economic Review , Volume 2 , March 1959 , pp. 4 - 11
Copyright
Copyright © 1959 National Institute of Economic and Social Research

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References

note (1) page 5 The expectation of a slight fall in total investment expressed in our first number has been revised in the light of the new forecasts by private industry now available, and of new figures for local authority housing.

note (1) page 8 Figures are given in Appendix table 9. Revised official estimates and new data of stock changes in the first three quarters of 1958, appearing since our previous number, somewhat modify the account of stock movements given there. The rough estimates then used suggested that stock- building was still falling in the third quarter of 1958, which does not now appear to have been the case.