Close This site uses cookies. If you continue to use the site you agree to this. For more details please see our cookies policy.

Search

Type your text, and hit enter to search:

UK productivity revised

The Office for National Statistics has revised its data on GDP, which means its productivity data has also been revised.  However, despite the changes, the data still show productivity growth stalling, and even falling, after the financial crisis. The result is that at the end of 2012 it was 12% below trend (previously thought to be 14% below trend).

The chart below is from the September Economic Review:

UK productivity early Sept 14














 
Stephen Beer, 07/09/2014

 
Fiscal targets explained...
What those deficit figures are about.
Labour deficit cutting - the £50bn question
Where the £50bn figure comes from.
Targets missed
The Coalition has missed its original fiscal targets significantly. Here is a look at the official forecasts from June 2010 and March 2014, ahead of the Autumn Statement this week.
A depressing chart from the Office for National Statistics.
We were going to scrap more RAF planes...until the government realised it needed them.
Our air force is a lot smaller than it was - a lot smaller. Somewhat sobering.
Growing below trend.