Recession of 2009/Addendum: Difference between revisions

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imported>Nick Gardner
imported>Nick Gardner
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===Autumn 2008===
===Autumn 2008===
UK credit crunch increases in severity [http://www.ey.com/Global/assets.nsf/UK/Economic_outlook_Autumn_2008/$file/Economic_Outlook_Autumn_2008.pdf].
Credit crunch gets worse in the US [http://www.aztreasury.gov/media/WallStreetJournal-10-08.html] and the UK [http://www.ey.com/Global/assets.nsf/UK/Economic_outlook_Autumn_2008/$file/Economic_Outlook_Autumn_2008.pdf].


==Forecasts and outturns==
==Forecasts and outturns==

Revision as of 08:13, 20 October 2008

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This addendum is a continuation of the article Recession of 2009.

Economic indicators

Autumn 2008

Credit crunch gets worse in the US [1] and the UK [2].

Forecasts and outturns

Annual percentage growth in Gross Domestic Produce
(forecasts are shown in italics)
Date Source Country 2007 2008 2009 2010 2011
October 2008 International Monetary Fund [3]. United States 2.0 1.6 0.1
United Kingdom 3.0 1.0 -0.1
France 2.2 0.8 0.2
Japan 2.1 0.7 0.5
China 12 10 9
World 5.0 3.9 3.0
October 2008 Item Club [4] United Kingdom 3.0 1.0 -1.0 1.0 2.9