Economic Outlook issue 5
Series: Economic Outlook
Paper - see abstract
Author(s): Pearson, Gemma; Wilton, Petra; Woodman, Patrick
Corporate Author: Chartered Management Institute
Publisher: Chartered Management Institute
Published: October 2011
Subjects: Accounting, Finance and the Economy; Management and Leadership
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This Economic Outlook is the fifth in the Chartered Management Institute's series of research papers examining managers' views on the economy. It presents the findings of a survey of 616 managers conducted in September 2011, revealing that managers and leaders clearly perceive the British economy to be on the verge of a double-dip recession. The immediate outlook appears very bleak with unemployment rising, spending decreasing, continued lack of access to finance, and growth forecasts diminishing into the spectre of another recession.