Business Investment, Q2 2013 revised results
Key points
The estimates in this release are short term indicators of investment in assets, such as dwellings, transport equipment, machinery, buildings and intangible assets, across the United Kingdom. This release covers not only business investment, but asset breakdowns of total gross fixed capital formation (GFCF), of which business investment is one component.
All investment data referred to in this bulletin are revised estimates of seasonally adjusted chained volume measures.
GFCF was estimated to have increased by £395 million to £52.6 billion (0.8%) compared with the previous quarter.
The largest increase was in investment in general government, which rose by an estimated £1.0 billion (14.1%) compared with the previous quarter.
The largest increase by asset was investment in dwellings, which rose by £1.2 billion (9.7%) to £13.2 billion.
Although overall GFCF increased there was a large fall in investment in other machinery and equipment, which was estimated to have fallen by £1.2 billion (-11.2%) to £9.8 billion.
Business investment decreased by £786 million (-2.7%) to £28.7 billion compared with the previous quarter.
GFCF was estimated to have decreased by 5.3% compared with the same quarter in 2012.
So in summary, the only investment is bricks and mortar and government and things like machinery and equipment ? Why bother when only bricks and mortar and government "make" money.
Doomed++
Key points
The estimates in this release are short term indicators of investment in assets, such as dwellings, transport equipment, machinery, buildings and intangible assets, across the United Kingdom. This release covers not only business investment, but asset breakdowns of total gross fixed capital formation (GFCF), of which business investment is one component.
All investment data referred to in this bulletin are revised estimates of seasonally adjusted chained volume measures.
GFCF was estimated to have increased by £395 million to £52.6 billion (0.8%) compared with the previous quarter.
The largest increase was in investment in general government, which rose by an estimated £1.0 billion (14.1%) compared with the previous quarter.
The largest increase by asset was investment in dwellings, which rose by £1.2 billion (9.7%) to £13.2 billion.
Although overall GFCF increased there was a large fall in investment in other machinery and equipment, which was estimated to have fallen by £1.2 billion (-11.2%) to £9.8 billion.
Business investment decreased by £786 million (-2.7%) to £28.7 billion compared with the previous quarter.
GFCF was estimated to have decreased by 5.3% compared with the same quarter in 2012.
So in summary, the only investment is bricks and mortar and government and things like machinery and equipment ? Why bother when only bricks and mortar and government "make" money.
Doomed++
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