Falling Output News Today

hello there. we start here in the uk, where we are about to find out if the economy has fallen into recession — thats defined as two quarters in a row of negative economic growth. we already know the uks entire economic output, or gross domestic product, shrank in the three months to september by 0.3%. injust over an hour, we get gdp figures for october to december. anotherfall would mean the uk is officially in recession. lets talk to melanie baker, senior uk economist at royal lond...

Fellow consensus is for a flat figure today so the economy having stagnated and ive pencilled in the small increase but lost the forecasters expect a small fall in output and i think either way, its not the healthiest place for the uk economy to be. ideally, you want an economy to be growing brusquely quarter on quarter and that isjust brusquely quarter on quarter and that is just not where we are. doesnt matter if the uk is in recession? does it matter? if youve got falling output, i think it d...