Economic growth is extremely weak but nonetheless ongoing as we approach the second half of 2011.
According to latest revised data published today ( Tuesday 28 June 2011), growth in gross domestic product (GDP) ran at 0.5% in the first quarter of 2011
. This is unchanged from the previous two estimates, published in April and May 2011, respectively.
The preliminary estimate for UK GDP growth in the second quarter of 2011 - to be published next month, on Tuesday 26 July 2011 - will provide a crucial indicator as to whether economic recovery can be sustained, or might risk going into reverse.
- The XpertHR economic commentary July 2011 (to be published to XpertHR's Pay Intelligence blog on Friday 1 July 2011) looks in detail at economic prospects for the second half of 2011.
Read the complete post at http://www.xperthr.co.uk/blogs/employment-intelligence/2011/06/revised-q1-2011-gdp-data.html
28 Jun 2011 10:30 AM
XpertHR - Employment Intelligence
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