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The reccession is officially over!!!! watch

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    (Original post by RooKnight)
    I think you'll be surprised how much it means in the Jan/Mar quarter. As we've achieved some form of Economic Growth I think people will feel more relaxed and begin to spend a little more freely. We're only just out but it is unlikely after such negative growth we will slide back into recession.

    May I add that this is a belated Christmas present for our Right Honourable leader.
    The snow must have knocked GDP, and February as a short month wont help.
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    (Original post by Quady)
    The snow must have knocked GDP, and February as a short month wont help.
    I'd predict an increase to about about 0.5% economic growth by March. The only issue is that the Oct/Dec figure released is only using 40% of given evidence. So really it's just a prediction, I'd expect a 0.2% error figure, so it could be +0.3% or -0.2% I can't really predict that perfectly though!
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    A better title would be "UK economy weakly limps from Recession and may collapse again in Q1 2010.".
 
 
 
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