Economic Outlook (October 2009)

This Economic Outlook is the second of the CMI's new series of research papers examining managers’ views on the economy.

It presents the findings of the CMI’s Economic Outlook Survey, which is conducted on a six-monthly basis to provide insights into the impact of the economy on UK organisations, managers’ expectations of future economic performance, and the actions being taken by managers to steer their organisations through the challenges they face.

This paper has been written by Professor Lord Eatwell, Chief Economic Adviser to the Chartered Management Institute.

Click here to download the report.

Key Findings:

• although economists are predicting that the upturn has begun, three quarters of managers anticipate a time lag of a year or more before workplaces will start to see recovery
• managers expect all forms of investment to be cut and business insolvency to rise before UK workplaces begin to see any positive effects as a result of the economic upturn
• As a result, CMI is calling on the Government to ensure that the UK’s 4.6 million managers and leaders get the support they need to cope with the pressure of economic recovery

Further Information
To order copies of the report please contact research@managers.org.uk or telephone 020 7421 2726.