Skip to content

Release: Business Investment, Q3 2013 Provisional Results

Released: 27 November 2013 Next edition: 20 December 2013

Contact

Louisa Nolan

Gross Capital Formation

gcf@ons.gsi.gov.uk

Telephone: +44 (0)1633 455250

Categories: Economy, National Accounts, National Income, Expenditure and Output

Frequency of release: Quarterly

Language: English

Geographical coverage: UK

Geographical breakdown: UK

Survey name(s): Quarterly Survey of Capital Expenditure

  • 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 provisional estimates of seasonally adjusted chained volume measures.

  • GFCF was estimated to have increased by £0.7 billion to £53.3 billion (1.4%) compared with the previous quarter. This is the strongest growth since Q1 2012 (3.6%).

  • Business investment rose by an estimated £0.4 billion (1.4%) compared with the previous quarter.

  • Investment was broad based with increases in four of the five main assets. The largest increases were transport equipment, which grew by £0.4 billion (26.4%), and other new buildings and structures, which grew by £0.3 billion (1.4%). There was a slight decrease in investment in intangible fixed assets of £0.1 billion (-0.9%).

  • Looking over the last four quarters, investment has been broadly flat, ranging between £52 and £53 billion.

  • An experimental dataset containing detailed industry and asset breakdowns of business investment can be found on the ONS ad hoc publication web pages.

  • In this release no periods are being revised.

Commentary and tables on investment trends by businesses. Contains capital expenditure data for various sectors of the economy at current prices, constant prices and seasonally adjusted.
Content from the Office for National Statistics.
© Crown Copyright applies unless otherwise stated.