Skip to main content

Is the stimulus real?

We can see no sign of a fresh stimulus in the government’s recent announcements that it has approved a large number of infrastructure  projects. Most were already expected to go ahead and, while the headline value of these projects is fairly impressive, the spending will be spread over the rest of this decade. The project approvals are interesting solely because the government chose to publicise them.

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.