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Economic Outlook issue 5

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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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Abstract

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.

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