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Chapter IV. Production

Published online by Cambridge University Press:  26 March 2020

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Extract

In February 1967 the industrial production forecast was based on ‘present policies'; it then appeared that total national output in 1967 might rise only marginally, by 0.3 per cent, from 1966 to 1967; and that on the basis of previous experience, to such a small rise in gross domestic product would correspond a fall in industrial production of about ½ per cent.

Type
Research Article
Information
National Institute Economic Review , Volume 43 , February 1968 , pp. 40 - 48
Copyright
Copyright © 1968 National Institute of Economic and Social Research

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References

note (1) page 40 (See page 6 and chart 2.

note (2) page 40 The National Institute's Tenth Industrial Inquiry was carried out in December 1967. The managements of 123 firms employing just under one million persons were inter viewed in the metal using industries, that is, mechanical engineering, electrical engineering, vehicles and ‘other metal goods’ (intermediate and miscellaneous metal products). In addition a postal questionnaire was sent to a number of large firms in the chemical and paper industries. Copies of the press release, issued on 24 January, are available on request.

note (1) page 42 National Institute Economic Review, No. 40, May 1967, page 54.

note (1) page 47 Statistical Appendix table 16.