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REASON FOR OPTIMISM

BRITISH TRADE OUTLOOK

EMPLOYMENT REFOLD

(British Official Wireless.) Rec. 2 p.m. RUGBY, Jan. 2 In a survey of the world economic prospects, (he Times says that in GreatBritain the first half of last year brought a comparatively rapid revival of trade, and though- in. the second half the rate of recovery slowed down, there are as yet no indications that any serious reversal of the upward trend is approaching- ... Indeed, .A mid-December, the number of insured persons in employment, reached the highest figure oil record, and Christmas trade was brisker than for many years, but- the revival has been mainly confined to the home markets, and though the export trade has made slow but continuous expansion for 18 months, many great industries have made little headway in this direction. The general trend of world trade, though not exhilarating, at any rate is mildly encouraging, says the Times, for the tendency towards contraction: seems to have been arrested.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PBH19350103.2.98

Bibliographic details

Poverty Bay Herald, Volume LXII, Issue 18594, 3 January 1935, Page 8

Word Count
160

REASON FOR OPTIMISM Poverty Bay Herald, Volume LXII, Issue 18594, 3 January 1935, Page 8

REASON FOR OPTIMISM Poverty Bay Herald, Volume LXII, Issue 18594, 3 January 1935, Page 8