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The Economic Situation: The Home Economy

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  • Anonymous

Abstract

This appraisal of the economic situation sets out to do four things. First, it re-examines the pre-Budget position and prospects : there are three months' more figures now. The revisions to the pre-Budget demand prospects are, on balance, upwards. Secondly, it tries to quantify the effects of the Budget measures-in particular the selective employment tax. Thirdly, the crucial balance of payments forecast is redone. The figures come out a little better than those of February. Finally, something is said about the seamen's strikethough no attempt is made to incorporate its consequences into the figures in the basic tables.

Suggested Citation

  • Anonymous, 1966. "The Economic Situation: The Home Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 36, pages 4-20, May.
    • Handle: RePEc:cup:nierev:v:36:y:1966:i::p:4-20_2
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