Revisions to quarterly GDP growth and its components

Jason Murphy
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Jason Murphy: Office for National Statistics

Economic & Labour Market Review, 2009, vol. 3, issue 4, 43-51

Abstract: This article presents the results of the latest revisions analysis of gross domestic product (GDP), updating and developing the previous article, Meader (2007) published in November 2007. Revisions to the estimates of quarterly GDP are analysed at different stages of the production process, and the reliability of initial estimates over two different time periods is assessed. An analysis of revisions to quarterly growth rates for the main components of the expenditure, production and income measures of GDP is also presented. More detailed analysis of the components can be found in the appendices to this article on the Office for National Statistics website at: www.statistics.gov.uk/cci/article.asp?id=2154. Economic & Labour Market Review (2009) 3, 43–51; doi:10.1057/elmr.2009.59

Date: 2009
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