Live economic signals show UK recovery has already begun : vimarsana.com

Live economic signals show UK recovery has already begun


Live economic signals show UK recovery has already begun
Increased consumer spending, additional job listings and the prospect of relaxed restrictions indicate a strong bounceback is under way
28 February 2021 • 6:48pm
A spending and hiring spree has kickstarted Britain’s economic recovery in recent weeks despite tough Covid restrictions still being in place, live growth signals suggest.
A strong bounce back in a range of indicators tracked by forecasters, including credit card spending, job listings and movement, point to the recovery from the biggest annual plunge in output in 300 years beginning in February.
Economists said the unveiling of the reopening roadmap will boost activity further after green shoots of the recovery emerged. Forecasters have tracked live signals to test the temperature of the economy during the pandemic as official growth data will not be available for months.

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