The Long Run Perspective
Tutor2u Economics
Wednesday, 22 October 2008
Real GDP for the UK
325
325
300
300
275
275
250
250
225
225
200
200
175
175
150
150
125
125
100
100
75
75
billions
GBP (billions)
£ billion, quarterly data at constant 2003 prices
56 58 60 62 64 66 68 70 72 74 76 78 80 82 84 86 88 90 92 94 96 98 00 02 04 06 08
Source: Reuters EcoWin
Unemployment Rate
Percent
Claimant count, per cent of the labour force, seasonally adjusted
11
11
10
10
9
9
8
8
7
7
6
6
5
5
4
4
3
3
2
2
1
1
72
74
76
78
80
82
84
86
88
90
92
94
96
98
00
02
04
06
08
Source: Reuters EcoWin
Real Household Disposable Income
225
225
200
200
175
175
150
150
125
125
100
100
75
75
50
50
25
25
billions
GBP (billions)
Quarterly figures, £ billion at constant 2003 prices
56 58 60 62 64 66 68 70 72 74 76 78 80 82 84 86 88 90 92 94 96 98 00 02 04 06 08
Source: Reuters EcoWin
Consumer Price Inflation
Percent
Annual percentage change in the retail price index (all-items)
30
30
25
25
20
20
15
15
10
10
5
5
0
60
0
62
64
66
68
70
72
74
76
78
80
82
84
86
88
90
92
94
96
98
00
02
04
06
08
Source: Reuters EcoWin
Capital Investment Spending
60
60
55
55
50
50
45
45
40
40
35
35
30
30
25
25
20
20
15
15
10
10
5
5
billions
GBP (billions)
Real level of investment spending, quarterly data at constant 2003 prices, seasonally adjusted
56 58 60 62 64 66 68 70 72 74 76 78 80 82 84 86 88 90 92 94 96 98 00 02 04 06 08
Source: Reuters EcoWin
Real Value of Output in UK Construction
22.5
22.5
20.0
20.0
17.5
17.5
15.0
15.0
12.5
12.5
10.0
10.0
7.5
7.5
5.0
5.0
billions
GBP (billions)
Quarterly value of output at constant 2000 prices, seasonally adjusted
56 58 60 62 64 66 68 70 72 74 76 78 80 82 84 86 88 90 92 94 96 98 00 02 04 06 08
Source: Reuters EcoWin
Percent
UK Official Base Interest Rates
18.0
18.0
16.0
16.0
14.0
14.0
12.0
12.0
10.0
10.0
8.0
8.0
6.0
6.0
4.0
4.0
2.0
2.0
0.0
0.0
32 35 38 41 44 47 50 53 56 59 62 65 68 71 74 77 80 83 86 89 92 95 98 01 04 07 10
Source: Reuters EcoWin
Employment Rate
Percent
% of all aged 16+ who are in paid employment, seasonally adjusted
62
62
61
61
60
60
59
59
58
58
57
57
56
56
55
55
54
54
72
74
76
78
80
82
84
86
88
90
92
94
96
98
00
02
04
06
08
Source: Reuters EcoWin