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Next week's economics: 3-7 Dec

Next week's economics: 3-7 Dec
November 30, 2012
Next week's economics: 3-7 Dec

Most of this, however, will be old news: it will bring the official forecasts into line with private ones. Sadly, though, the new news might be grim too.

On Monday, purchasing managers are expected to report that manufacturing activity is still falling. Official figures on Friday could be consistent with this. Although they might show a small rise in output in October, this will leave production down from the third quarter's level. A big reason for this weakness will be evident in Thursday's numbers. These are likely to show that the trade gap has widened in the last three months compared with the previous three, thanks in large part to weak exports to the eurozone.

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