8 Sept 2020 July GDP to Show V-Shaped Recovery Remains Elusive

Samuel Tombs (UK Economist)7th Sep 2020 14:10U.K., U.K. Key Issues, Economic Monitor

We expect July's GDP report, released on Friday, to show that overall output rose by about 7.0% month-to-month, bringing it to 11.5% below its pre-Covid peak.

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accommodation bloomberg construction construction firms construction output covid-19 economy education energy fiscal policy food gdp growth industrial production July June manufacturing manufacturing output manufacturing sector May mpc November oil pmi policy production q3 retail retail sales September services output services sector supply survey transport u.s. v-shaped recovery

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