Economic Trends

IN BRIEF REGULAR ARTICLES Economic Update - August 2005 Forecasts for the UK Economy - July 2005 Regional Economic Indicators - August 2005 Methodology Notes Seasonal Adjustment FEATURE ARTICLES Research and Experimental Development (R&D) Statistics, 2003 Analysis of Revisions to Quarterly Current Account Balance of Payments Data Using the Value of Time for Quality Adjustment - Testing the Concept for Rail Fares 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