Economic data
Series: RICS UK Economic Brief ; April 2003, (2)Publication details: 2003Subject(s): Summary: The economic downturn in 2002 saw an 8% drop in capital spending and business investment as a proportion of gross operating surplus fell to 44.4% in 2002 compared with a peak of 53.3% in 1998. GDP growth which has risen by 2.2% this year is expected to rise by 1.25% in the second half of this year and by 3-3.5% in 2004 and 2005. This forecast is criticised by many as too optimistic with independent economists going for growth of 2.0% in 2003 and 2.4% in 2004. For the RICS UK Economic Brief: http://www.rics.org/ricscms/bin/show?class=Brief&template=/includes/showbrief.html&id=475| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3916-05 (Browse shelf(Opens below)) | 1 | Available | 122111-1001 |
The economic downturn in 2002 saw an 8% drop in capital spending and business investment as a proportion of gross operating surplus fell to 44.4% in 2002 compared with a peak of 53.3% in 1998. GDP growth which has risen by 2.2% this year is expected to rise by 1.25% in the second half of this year and by 3-3.5% in 2004 and 2005. This forecast is criticised by many as too optimistic with independent economists going for growth of 2.0% in 2003 and 2.4% in 2004. For the RICS UK Economic Brief: http://www.rics.org/ricscms/bin/show?class=Brief&template=/includes/showbrief.html&id=475