Is the UK heading for a double-dip recession?
We’ve been out of recession now for five months (defined as the economy shrinking for 2+ consecutive quarters), yet the FTSE is down and there’s reduced govt spending, so could we dip back in? Quick Stats Current growth: Up 0.3% in first quarter Economy shrank during 2009: Down 4.8% Govt predicted growth for 2010: Up 1.2% (2.3% for 2011) What do you think will happen to the economy over the next year?
We’ve been out of recession now for five months (defined as the economy shrinking for 2+ consecutive quarters), yet the FTSE is down and there’s reduced govt spending, so could we dip back in?
Quick Stats
Current growth: Up 0.3% in first quarter
Economy shrank during 2009: Down 4.8%
Govt predicted growth for 2010: Up 1.2% (2.3% for 2011)
What do you think will happen to the economy over the next year?
Results
| A. Boom: Up over 3.5% |  |
89 votes (1 %) |
| B. High Growth: Up 1.5% to 3.5% | |
169 votes (1 %) |
| C. Growth Up 0.3% to 1.5% | |
2,415 votes (20 %) |
| D. Stagnation: Not much growth or shrinkage | |
3,981 votes (34 %) |
| E: Contraction: Down 0.3% to 1.5% | |
2,163 votes (18 %) |
| F. Recession: Down 1.5% to 3.5% | |
2,154 votes (18 %) |
| G. Crash: Down over 3.5% | |
857 votes (7 %) |
11,828 votes received.
We try to use technology to limit voting to one per person. Occasionally, this may erroneously block a few people's votes (eg, from shared offices). Apologies for that.
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