The index of services from the ONS for April 2012 was up 2% on April last year. Between March and April 2012 there was no change in the index.
All four components grew in April on the month on a year earlier comparison. Business services and finance rose by 2.1%, transport, storage and communication rose by 4.8%, government and other services grew by 1.3% and distribution, hotels and restaurants grew by 0.9%.
The main upward contributions in the transport, storage and communication sector came from computer programming, consultancy and related activities (8.1%) and telecommunications (9.9%). In business services and finance the main upward contributions came from administrative and support services (6.7%) and other professional services (6.2%).
Showing posts with label telecoms. Show all posts
Showing posts with label telecoms. Show all posts
Monday, 2 July 2012
Thursday, 5 May 2011
Business And Finance Lead Services Growth In February
The seasonally adjusted index of services from the ONS increased by 1.5% in February 2011 compared with February 2010. All of the five components of the index recorded an increase but the largest increase was in business services and finance with an increase of 1.5%. The largest contribution to the increase was from computer services with 7.1% which contributed 1.5 percentage points to the 1.5% increase.
Looking at the most recent month on a year earlier distribution increased by 1.6% with wholesale contributing 3.7%. Transport, storage and communication increased by 2.7% with post and telecommunications contributing a 7.7% increase or 3 percentage points to the 2.7% increase. Government and other services increased by 1.2%. Health and social care made the largest contribution with an increase of 4.3% or 1.4% to the increase. Hotels and restaurants increased by 0.5%.
Looking at the most recent month on a year earlier distribution increased by 1.6% with wholesale contributing 3.7%. Transport, storage and communication increased by 2.7% with post and telecommunications contributing a 7.7% increase or 3 percentage points to the 2.7% increase. Government and other services increased by 1.2%. Health and social care made the largest contribution with an increase of 4.3% or 1.4% to the increase. Hotels and restaurants increased by 0.5%.
Monday, 13 December 2010
Business Research And Development
Total research and development expenditure in cash terms in business in 2009 totalled £15.6bn, that is a fall of 2.5% on 2008. The ONS sub-divides business R & D into civil and defence spending. Civil R & D expenditure decreased by 1.4% to £13.7bn and defence expenditure decreased by 10.2% to £1.9bn. In real terms total expenditure decreased by 4.1% to £15.6bn within which civil expenditure decreased by 3% to £13.7bn.
The product group with the highest R & D performance was pharmaceuticals at £4.4bn or 28.4% of all spending. Other significant product groups included aerospace (£1.5bn), computers (£1.5bn), motor vehicles and parts (£1.1bn) and telecommunications (£1.1bn). The region with the highest performance in terms of expenditure was the East of England (24.9%), the South East (23%) and the North West (13.1%) and the lowest in England was the North East (2%) and in the UK N. Ireland (1.9%). In terms of employment, the South East was highest employing the most people in R & D with 35,000, the East of England employed 30,000. The North East, Wales and N. Ireland employed the least at 4,000 each.
The product group with the highest R & D performance was pharmaceuticals at £4.4bn or 28.4% of all spending. Other significant product groups included aerospace (£1.5bn), computers (£1.5bn), motor vehicles and parts (£1.1bn) and telecommunications (£1.1bn). The region with the highest performance in terms of expenditure was the East of England (24.9%), the South East (23%) and the North West (13.1%) and the lowest in England was the North East (2%) and in the UK N. Ireland (1.9%). In terms of employment, the South East was highest employing the most people in R & D with 35,000, the East of England employed 30,000. The North East, Wales and N. Ireland employed the least at 4,000 each.
Wednesday, 27 May 2009
ONS And CBI See Fall In Business Services Output
Services output seasonally adjusted chained volume of gross value added index fell by 1.2% quarter-on-quarter to 113.3 and follows a fall of 1.3% on the previous three months according to Office for National Statistics latest Index of Services figures. The most significant fall in both quarter-on-quarter and in month-on-month figures was in business services and finance. Distribution fell 0.2% in the quarter to March compared to the quarter to December. It is the 9th consecutive monthly fall, driven mainly by wholesale, motor trades also decreased and retail increased. Hotels and restaurants fell by 5.1% over same period. There were also significant decreases in bars and restaurants. Transport, storage and communications fell by 2.3%. Business services and finance fell 2.2% to 121.7 in the quarter to March on the quarter to December and fell 0.4% between February and March. Government services increased by 0.7% in the quarter to March with the most significant increases in health and social work.
The Confederation of British Industry released its quarterly Services Sector Survey results today. It shows the service sector is still is deep recession. There are some signs of confidence returning. Consumer services fell at their fastest rate since November 2001. The rise in prices made the fall in business values look less marked. Business and professional services values fell faster than volumes due to record deflation in prices. Rates of decline are expected to slow down in both consumer services and business and professional services over the next three months. Employment is continuing to fall in both sectors. Profitability also fell but at a slower rate than the record falls of the previous quarter. Business and professional services show a similar pattern. A steep downward trend continues in telecomms and computing and transport of goods and post. Marketing services also show a continued downward trend in business values and volumes but much less marked. Confidence and profitability have both fallen. There are some signs that the decline is begining to slow.
The Confederation of British Industry released its quarterly Services Sector Survey results today. It shows the service sector is still is deep recession. There are some signs of confidence returning. Consumer services fell at their fastest rate since November 2001. The rise in prices made the fall in business values look less marked. Business and professional services values fell faster than volumes due to record deflation in prices. Rates of decline are expected to slow down in both consumer services and business and professional services over the next three months. Employment is continuing to fall in both sectors. Profitability also fell but at a slower rate than the record falls of the previous quarter. Business and professional services show a similar pattern. A steep downward trend continues in telecomms and computing and transport of goods and post. Marketing services also show a continued downward trend in business values and volumes but much less marked. Confidence and profitability have both fallen. There are some signs that the decline is begining to slow.
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