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
Posted
28 Jun 2011 10:30 AM
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XpertHR - Employment Intelligence
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