Emeritus Prof Christopher May on Nostr: Anyone celebrating or over-interpreting the announcement that GDP 'returned to ...
Anyone celebrating or over-interpreting the announcement that GDP 'returned to growth' of 0.2% in August doesn't really understand that this is well within the margin of error for continued stagnation of decline, and actually merely reflects a continued flat-lining of the UK economy.
Most of the journalistic commentary will be meaningless, and not just because growth in GDP really tells us little about the country's well-being...
Just ignore it (& I appreciate the irony of saying that here)
Published at
2024-10-11 06:08:33Event JSON
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"content": "Anyone celebrating or over-interpreting the announcement that GDP 'returned to growth' of 0.2% in August doesn't really understand that this is well within the margin of error for continued stagnation of decline, and actually merely reflects a continued flat-lining of the UK economy.\n\nMost of the journalistic commentary will be meaningless, and not just because growth in GDP really tells us little about the country's well-being...\n\nJust ignore it (\u0026 I appreciate the irony of saying that here)",
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