Darling_Low.ppt

The Economic Cycle - Growth in UK National Output
Percent
Annual percentage change in GDP at constant prices
10.0
10.0
7.5
7.5
5.0
5.0
2.5
2.5
0.0
0.0
-2.5
-2.5
-5.0
-5.0
60 62 64 66 68 70 72 74 76 78 80 82 84 86 88 90 92 94 96 98 00 02 04 06 08
Source: Reuters EcoWin
Consumer Confidence Takes a Dive
Index
% balance of responses - are you more or less optimistic about prospects for the economy?
15
15
10
10
5
5
0
0
-5
-5
-10
-10
-15
-15
-20
-20
-25
-25
-30
-30
-35
-35
76
78
80
82
84
86
88
90
92
94
96
98
00
02
04
06
08
Source: Reuters EcoWin
Unemployment in the UK Economy
per cent of the labour force
people aged 16-59 (women) / 64 (men), seasonally adjusted
13
13
12
12
11
11
10
10
9
9
8
8
7
7
Labour Force Survey
6
6
5
5
4
4
Claimant Count
3
3
2
2
1
1
72
74
76
78
80
82
84
86
88
90
92
94
96
98
00
02
04
06
08
Source: Reuters EcoWin