Annual Business Survey
Telephone: +44 (0)1633 456338
Categories: Business and Energy, Production Industries, Primary Production, Manufacturing, Water and Sewage, Building and Construction, Services, Business Services, Retail and Distribution, Retail Trade, Wholesale Trade
Frequency of release: Annually
Geographical coverage: UK
Geographical breakdown: UK
The UK economy, as measured by the Annual Business Survey (ABS), recorded a rise in approximate Gross Value Added at basic prices (aGVA) of 4 per cent (£34 billion) between 2009 and 2010, recovering more than half of the 6 per cent (£59 billion) fall seen between 2008 and 2009
Within the Distribution industries Retail trade, except of motor vehicles and motorcycles (Division 47) shows year on year growth from 2008 to 2010 helped by the increase in commodity prices
The Annual Business Survey (ABS) collects financial information for about two-thirds of the UK economy, covering agriculture (part), forestry and fishing; production; construction; motor trades; wholesale; retail; catering and accommodation; property; service trades. The financial variables covered include turnover, purchases, employment costs, capital expenditure and stocks. Approximate Gross Value Added (aGVA) is calculated as an input into the measurement of Gross Domestic Product (GDP).
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These National Statistics are produced to high professional standards and released according to the arrangements approved by the UK Statistics Authority.