The Saturday Economist, UK Service sector update October 2013

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Six slides to understand the UK economy.
The Saturday Economist, Review of the UK Service Sector October 2013. Six slides to explain what is happening in the UK economy.

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The Saturday Economist, UK Service sector update October 2013

  1. 1. Service Sector Update October 2013 Wednesday, 2 October 13
  2. 2. 70.0 75.0 80.0 85.0 90.0 95.0 100.0 105.0 110.0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Service Sector Index Service Sector Update Trend Rate 4.0% Recovery Rate 1.6% Trend Rate 4.0% pre recession Recovery Rate 1.6% post recession Index High 105.0 Feb 2008 Index Low 98.5 Jun 2009 Current 104.7 July 2013 From Peak -0.3% From Trough 6.3% Service Sector Index The Saturday Economist.com October 2013 Wednesday, 2 October 13
  3. 3. 70.0 75.0 80.0 85.0 90.0 95.0 100.0 105.0 110.0 115.0 120.0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Check out www.johnashcroft.co.uk, Join me on LinkedIn, Twitter or Google+ Distribution, Hotels and Restaurants The Saturday Economist.com Trend Rate 3.1% pre recession Recovery Rate 1.4% post recession Index High 110 Sep 2007 Index Low * 98.2 May 2009 Current 105.8 July 2013 From Peak -3.8% From Trough 7.7% Distribution, Hotels and Restaurants Index Low in 2009 * Recovery Rate 1.4% Trend Rate 3.1% October 2013 Wednesday, 2 October 13
  4. 4. 70.0 75.0 80.0 85.0 90.0 95.0 100.0 105.0 110.0 115.0 120.0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Check out www.johnashcroft.co.uk, Join me on LinkedIn, Twitter or Google+ Transport, Storage and Communication The Saturday Economist.com Trend Rate 4.7% pre recession Recovery Rate 2.4% post recession Index High 107.4 Apr 2008 Index Low 95.5 May 2009 Current 102.9 July 2013 From Peak -4.2% From Trough 7.7% Transport, Storage and Communication Trend Rate 4.7% Recovery Rate 2.4% October 2013 Wednesday, 2 October 13
  5. 5. 70.0 75.0 80.0 85.0 90.0 95.0 100.0 105.0 110.0 115.0 120.0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Service Sector Index Check out www.johnashcroft.co.uk, Join me on LinkedIn, Twitter or Google+ Business Services and Finance The Saturday Economist.com Trend Rate 4.9% pre recession Recovery Rate 2.1% post recession Index High 106.4 Feb 2008 Index Low 98.9 Jun 2009 Current 106.6 July 2013 From Peak +0.2% From Trough 7.8% Business Services and Finance Trend Rate 4.9% Recovery Rate 2.1% Index Low in 2009 * October 2013 Wednesday, 2 October 13
  6. 6. 70.0 75.0 80.0 85.0 90.0 95.0 100.0 105.0 110.0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Service Sector Index Check out www.johnashcroft.co.uk, Join me on LinkedIn, Twitter or Google+ Government and Other Services The Saturday Economist.com Trend Rate 2.9% pre recession Recovery Rate 1.0% post recession Index High - - Index Low - - Current 102.2 - From Peak - From Trough - Government and Other Services Trend Rate 2.9% Recovery Rate 1.0% October 2013 Wednesday, 2 October 13
  7. 7. Service Sector Update The Saturday Economist.com Service Sector Index 1 The UK is on track for growth of 1.5% this year. 2 The service sector is leading the recovery with a trend rate of growth of 1.6%. 3 Prior to recession, the trend rate of growth for the service sector was 4% 4 The sector is almost back to the peak level of output achieved in February 2008. 5 Transport, storage and communication sector is growing at a trend rate of 2.4% 6 The Business Service and Financial Sector is growing at 2.1%. Service Sector Update Six things you should know about the economic recovery Check out the six slides below to understand what is happening in the UK economy! October 2013 Trend Rate 4.0% pre recession Recovery Rate 1.6% post recession Index High 105.0 Feb 2008 Index Low 98.5 Jun 2009 Current 104.7 July 2013 From Peak -0.3% From Trough 6.3% Wednesday, 2 October 13

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