This article describes how the quarterly output of the financial services sector is measured in the National Accounts. Then at a sub-sector level, an analysis of recent employment and output trends is presented to describe the impact of the current economic downturn on the activity of the...

Gross Domestic Product (GDP), or the size of the economy, can be measured in three ways. These are the output, income and expenditure approaches. ONS routinely measures all three for the UK economy, but publishes a single 'coherent' estimate of GDP. This article explains the role of alignment...

SUMMARYThe household saving ratio summarises the income and expenditure positions of the household sector. This article considers developments in the ratio during the current recession, discussing the drivers in income and consumption and their interaction in the context of developments in the...

Methods explainedThe concept of cost-benefit analysis (CBA) originated in the UnitedStates in the 1930s where it was used to create a solution toproblems of water provision. The process arrived in the UK in the1960s for use in the transportation sector, where it was applied tothe construction of...

Highlights relationships within component inventories data,between GDP and inventories and the relative importance of individual sectors' holdingsThere are a number of contrasting economic theories regarding companies’ motivations for holding inventories. One theory suggests firms use...

Am 10. Juni 2018 stimmen die Schweizer über die Volksinitiative „Für krisensicheres Geld: Geldschöpfung allein durch die Nationalbank!“ (Vollgeld-Initiative) ab. Die Initiative fordert, dass den Geschäftsbanken die Schaffung von elektronischem Geld untersagt wird. Neues Geld soll als...