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Commons Briefing paper by Chris Rhodes. It was first published on Tuesday, 5 November 2013. It was last updated on Tuesday, 5 November 2013.


Economic Indicators, November 2013

GDP grew by 0.8% in Q3 2013 compared with the previous quarter, following growth of 0.7% in Q2 and 0.4% growth in Q1. GDP remains 2.5% below its peak in Q1 2008.

Employment grew by 155,000 (to 29.87 million) and unemployment fell by 18,000 (to 2.49 million) in June-August 2013.

Continued GDP growth and strong labour market data has boosted industry confidence, and October saw the sharpest increase in service industry confidence in over 15 years.

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Secondary information

Type
Research briefing
Reference
RP13-62 
Subjects
Debts Employment Interest rates Economic situation Economic growth Inflation National income Pay Manufacturing industries Public expenditure Postal services Monetary policy Public finance Retail trade Unemployment Housing market Exchange rates Balance of trade Productivity
Contains statistics
Yes
Published by
House of Commons Library
Link
View this Research briefing on researchbriefings.parliament.uk