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.

1. Service Sector Update
October 2013
Wednesday, 2 October 13

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. 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
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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. 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. 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. 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. 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