Recession

It is very interesting to know that the panel of academics that determine the start and end of recession have not decided on the date that the current recession has ended. According to the panel, the exact date that this recession started is December 2007. This recession is the longest and the worst since 1930's.

There are several cycle of recession previously but the duration is very short.

The panel looks at figures such as gross domestic product, incomes, employment and industrial activity.

Usually, the panel takes time to declare the start and end of the recession. Most people think that the recession has been over since sometime last year.

Recession Contributes to Less Congestion

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According to the reports, congestion in the UK has dropped by almost a third in two years because of the recession. It is the first fall in congestion on motorways and trunk roads for 20 years. The drop is due to the rising unemployment and more people are saving money during this difficult time. Some are opting to work from home and thus the number of vehicles on the road is decreasing.

The findings also found that congestion is on the rise during weekend since more are taking holidays within the country instead of abroad. However, the situation is only temporary and once the economy is picking up the previous trend of increasing congestion will be getting worst because the lack of emphasis given to infrastructural development during the crisis period causes the existing system unable to cope with the increasing traffic demand.