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Article: Economy at the turning point.(Business)
- Article from:
- The Birmingham Post (England)
- Article date:
- June 6, 2002
CopyrightCOPYRIGHT 2002 Birmingham Post & Mail Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: David Armfield
Corporate Finance Partner PricewaterhouseCoopers - Current economic data offers mixed conclusions about the outlook for the UK economy. According to surveys from the Confederation of British Industry and the Chartered Institute of Purchasing & Supply, businesses are benefiting from favourable conditions, yet official figures for Gross Domestic Product suggest continued stagnation.
This divergence may be explained by the fact that the early signs of economic recovery and improvements in business confidence are yet to filter through to ...