Skip to main content

Business confidence key to investment outlook

After expanding very strongly in the first half of this year, we now estimate that business investment grew at a tepid pace in the third quarter. Nevertheless, there are good reasons to expect investment growth to pick-up next year, although we are unlikely to see a return to the vigorous rates seen earlier this year. Should business confidence deteriorate much further, however, then much weaker investment could tip the economy into a recession.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access