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Wednesday
Apr232014

Gross Output makes The Wall Street Journal

Mark Skousen has an opinion piece on 'Gross Output' in today's Wall Street Journal. Last week I presented estimates for the UK economy at the APEE conference in Las Vegas. You can view my presentation here. The chart below shows Gross Output for the UK economy (relative to GVA):

I plan to revise this shortly when the Supply and Use tables are published in July 2014, so this is only a rough treatment and I've not published the working paper. The data is released as separate tabs in an excel file but if anyboday would like the time series that I've created email me.

I also presented a measure of UK Payments. This also has data availability issues, with January 2010 figures simply missing from the data set. But here's what it looks like:

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