ONS: Economy

Regional Economic Indicators is a quarterly article published in the Economic and Labour Market Review which compares regional and sub-regional productivity and other drivers of the economy.  The latest assessment published was published in August 2008:

Access to the historic articles in this series is available through the Journal article search engine on the National Statisitics website.

Changing regional economies: South East. This report provides a profile of the region and presents a range of statistics that help to understand differences within and between regions. Within regions, comparisons are made between sub-regions and between rural and urban areas.

Economic and Labour Market Review (ELMR) this monthly publication draws together expert research and analysis to build an up-to-date, comprehensive and unique statistical picture of the UK economy and labour market.  A comprehensive selection of datasets is also available to download from the ELMR pages.  There are standard tables which are updated monthly, accessible from the appropriate issue by changing the date format in URL: for example those relating to September 2008 are:  http://www.statistics.gov.uk/elmr/09_08/data_page.asp  An index of articles from 2006 also provides an overview of contents of ELMR and contact details.

Economic and Labour Market Review brings together and replaces two publications - Labour Market Trends (LMT) and Economic Trends (ET).  For an index of articles published between 2000 and 2006 in Labour Market Trends 
  
Economic Trends article archive summarises articles 1998 to 2006. Economic information on Regional Snapshot this includes GVA (gross value added), gross domestic household income (GDHI), turnover, business VAT registrations and de-registrations.

More detailed tables in respect of Regional Accounts  which provides an overview of the economic performance of the UK, are available and for different levels of geography

NUTS1 - Government Office Regions of England; Wales, Scotland and Northern Ireland.
NUTS2 - 37 areas, mainly groups of counties and unitary authorities
NUTS3 - 133 areas, principally individual counties and unitary authorities.

NUTS (Nomenclature of Units for Territorial Statistics) is the European classification system and allows a comparable view of economic activity across the European Union. Indicators gross value added (GVA), household income and gross fixed capital formation (GFCF) are produced at regional and sub-regional levels using a structured accounting framework. Data are included on a workplace or residence basis

Detailed GVA data relating to each of the NUTS areas was released on 14 December 2007.  A full set of tables is available.

Latest on regional GVA per head http://www.statistics.gov.uk/cci/nugget.asp?id=420

Gross Disposable Household Income (GDHI), the latest regional information relating to 2006 was released on 9 May 2008 and can be found on the National Statistics website

An article looking at estimates of regional GDHI at current basic prices is available from Economic and Labour Market Review. These data are published for the NUTS1, NUTS2 and NUTS3 levels for the period 1995 to 2006. There is an overview of the methodology used in the calculation of regional GDHI and the article concludes with Office for National Statistics (ONS) future plans for regional economic data. 

The latest data relating to VAT registrations and de-registrations for 2007 were released by BERR on 28 November 2008. This release marks the last in the series.  Simultaneously, a new data series on Business Demography was introduced by ONS which is based on expanded definitions.  Further details can be found at:- http://www.statistics.gov.uk/downloads/theme_commerce/Intro-Bus-Demography.pdf


Consumer Prices Index (CPI) is the main UK measure of inflation for macroeconomic purposes and forms the basis for Government's inflation target. The Retail Prices Index (RPI) is the most familiar domestic measure of inflation in the UK; its uses include indexation of pensions, state benefits and index-linked gilts. Internationally, the CPI is known as the Harmonised Index of Consumer Prices (HICP), although the two indices remain one and the same.  CPI and RPI both measure the average changes month-to-month in prices of consumer goods.

Time series of CPI data: http://www.statistics.gov.uk/statbase/tsdtables1.asp?vlnk=mm23

 

Annual Business Inquiry (ABI) has two distinct parts – one providing details of employment and the other, ABI/2, provides financial information on businesses in the UK by Government Office Region and industry division. The financial data covers about two thirds of the UK economy including: production; construction; distribution and service industries; agriculture (part), hunting, forestry and fishing.

Data relating to employment from ABI/1 is available from Nomis (the National On-line Manpower Information System at www.nomisweb.co.uk); however access is restricted to those with a Chancellor’s Notice.  See https://www.nomisweb.co.uk/forum/posts.aspx?tID=139&fID=2 for more details.

 

UK Business, Size and activity. This publication contains detailed information on all businesses in the UK including size, classification and location. This information is also available to local unit (site) level for the whole economy.  Data is compiled from the Inter Departmental Business Register (IDBR) which contains information on VAT traders and PAYE employers in a statistical register comprising 2.1 million businesses, representing nearly 99% of economic activity.

ONS also provide a facility to map data from the UK Business, Size and activity publication. http://www.statistics.gov.uk/UKbusiness/svg_map/default.htm

'Measuring the UK Economy 2008: the National Statistician's perspective', gives an overview of official statistics about the economy, it also reviews the latest published statistics.