What does a recession look like? | 11
UK business investment
CHART 3
Source: ONS
% of real GDP, chained volume measure
Private sector financial balances
CHART 4
Source: ONS
% of GDP
The survey suggests that those that were `extremely severely'
affected by the recession were on the whole less profitable than
others, and suffered larger losses in profits and employment
during the period of falling output than other companies. And
among firms that get into trouble during a recession, there is a

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