Pantheon Macroeconomics - Whether the economy enters recession will hinge more on corporate behaviour than on consumers. Household spending accounts for about two thirds of GDP, but it is a relatively stable component of demand. By contrast, business investment and inventories--which are often overlooked--are prone to wild swings.

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23 August. 2016 The Inventory Cycle is About to Turn, Worsening the Downturn

By Samuel Tombs

Whether the economy enters recession will hinge more on corporate behaviour than on consumers. Household spending accounts for about two thirds of GDP, but it is a relatively stable component of demand. By contrast, business investment and inventories--which are often overlooked--are prone to wild swings.

Posted: 23rd Aug 2016 in 'UK Documents'

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