This article analyses the UK market and non-market sectors based on the Input-Output Annual Supply and Use Tables. The availability of the these statistics provides users an insight into the relative importance of these sectors in the UK economy.
Key users like the Bank of England and HM Treasury are interested in separating market sector activity estimates from the total UK economy in order to assess the business cycle, monitor the output gap, and compare productivity between sectors as well as across other countries.
Market sector estimates also provide an important indicator on demand pressures reflecting changes in the quantity of goods and services sold in the market sector of the economy.
Although the Bank of England's main interest is in constant price (real) data, the current price (nominal) data presented in this article are complementary to their analysis.
The estimates are consistent with those published in the 2005 Blue Book, 2005 Pink Book and the 2005 Input-Output Analyses publications.
Published in web format: 17 October 2005 at 9:30 am