GDP
Economic update – July 2012: GDP predicted to fall again
The latest monthly data suggest there will be a further fall in real GDP in the second quarter of this year
Unravelling the Centre for Policy Studies voodoo economics bigging up small government
IPPR’s Tony Dolphin takes apart today’s Centre for Policy Studies report claiming lower taxes lead to higher economic growth.
US economy grows as UK economy shrinks
As the UK economy descends into a double-dip recession, new figures today show the US economy continuing to grow, albeit it at a slower rate, writes Shamik Das.
Krugman: “Keynesians have been completely right, Austerians utterly wrong”
“The results are in: Keynesians have been completely right, Austerians utterly wrong - at vast human cost” - so wrote Nobel laureate Paul Krugman today.
UK double-dips for first time in 37 years; Balls: Government’s economic credibility “in tatters”
The opposition, press and economists turned on the government today for the UK's descent into a double-dip recession for the first time since the mid-seventies.
OBR get growth projection wrong (again)
The OBR has got its growth projection wrong again. Last month they predicted growth this quarter of 0.3 per cent. Today's figures show they are out by 0.5 percentage points.