British firms are adapting to lockdowns—and confounding forecasters
The country looks set for rapid economic growth
FORECASTING THE economy during Britain’s first lockdown was relatively straightforward. A walk through any city centre told the same story as the real-time mobility data supplied by Google and Apple: ordering people to stay at home caused a collapse in economic activity. Forecasters accurately predicted the scale of the collapse as Britain experienced its fastest and deepest recession in a century.
This article appeared in the Britain section of the print edition under the headline “Beating expectations”
From the March 31st 2021 edition
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