Economic Trends Volume 630, May 2006

IN BRIEF
REGULAR ARTICLES
Economic Update May 2006
Forecasts for the UK economy April 2006
Regional Economic Indicators May 2006
METHODOLOGY NOTE:
Annual Chain-Linking
FEATURE ARTICLES
Improvements to Timely Measures of Service Sector Output
ARD2: The New Respondents Database
The Effects of Taxes and Benefits upon Household Income, 2004/05
TABLES
Selected Monthly Indicators
UK ECONOMIC ACCOUNTS
National Accounts Aggregates
Gross Domestic Product
Income, Product and Spending per Head
Households' Disposable Income and Final Consumption Expenditure
Gross Fixed Capital Formation
Gross Value Added, Chained volume Indices
Capital accounts and Net Lending/Borrowing
Private Non-financial Corporations
Balance of Payments
Trade in Goods
UK Competitiveness
PRICES
Labour Market
Labour Market Activity
Jobs and Claimant Count
Unemployment Rates
Average Earnings
Productivity and Unit Wage Costs
SELECTED OUTPUT AND DEMAND INDICATORS
Output of Production Industries
Engineering and Construction: Output and Orders
Motor Vehicle and Steel Production
Fixed Investment in Dwellings
Property Transactions
Inventories
Retail Sales
Inland Energy Consumption
SELECTED FINANCIAL STATISTICS
Sterling Exchange Rates and UK Reserves
Monetary Aggregates and Changes in Money Stock
Public Sector Receipts, Expenditure and Key Fiscal Indicators
Consumer Credit
Bank Lending to UK Residents
Interest Rates, Security Prices and Yields
Asset Prices