Date: Wed 10th February, 2010

Description: Earlier this month, the UK was officially lifted out of recession. The Office for National Statistics reported that the country’s Gross Domestic Product expanded by 0.1 percent between the third and fourth quarter of 2009. But how convincing is a growth rate of 0.1 percent and are there any indications of a recovery in Leicestershire? This brief report considers the views of economists, economic forecasters, official statistics and local consultation evidence.

For more infomation contact:

Roger Beecham
Research and Information Team
Chief Executives Department
Leicestershire County Council

Categories: Credit Crunch, Economic