Skip to main content

Nothing inspiring about recent GDP growth

The recent flurry of strong economic growth may look impressive but, looking beneath the surface, there’s still a lot to worry about. While the extraordinary housing investment boom has set new records for its role in supporting the economy, exports and business investment have remained woefully weak. And with uncertainties around trade policy still clouding the broader economic outlook, there’s very little to cheer about.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.

By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.