C = All private consumption/ consumer spending in the economy. However, this industry has outperformed services as a whole over the last two years, as shown in Figure 3. This is not the latest release. Our Customer Experience surveys help us deliver the necessary and effective services you demand. This growth was driven by strength in professional, scientific and technical activities, wholesale trade and health, and was partially offset by weakness in office administrative and support activities. Find Out Production fell by 1.2% in the month of November 2019, following growth of 0.4% in October. Series from Gross Domestic Product. This decrease was driven by private new housing and infrastructure, which fell by 4.7% and 6.3%, respectively. In the month of November, growth in services was negative 0.3%, following an upwardly revised growth of 0.3% in October 2019. “Long term, the economy continues to slow, with growth in the economy compared with the same time last year at its lowest since the spring of 2012. Annual percentage growth rate of GDP at market prices based on constant local currency. This feature is limited to our corporate solutions. Q1 refers to Quarter 1 (Jan to Mar), Q2 refers to Quarter 2 (Apr to June), Q3 refers to Quarter 3 (July to Sept), Q4 refers to Quarter 4 (Oct to Dec). Rolling three-month growth in the construction sector was 1.1% in November 2019, following growth of 0.8% in October 2019. Annualized growth of real GDP in the United States from 2011 to 2020, by quarter [Graph]. Hide. Gross Domestic Product, Units: Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. Output in both the production and construction sectors contracted, by 0.7% and 0.3%, respectively. Rolling three-month estimates are calculated by comparing GDP in a three-month period with GDP in the previous three-month period. As a result, you receive a monthly index whose variation at the quarterly frequency mimics that of official GDP, and whose intra-quarter variation is a meaningful and comprehensive measure of monthly changes in output. However, both September and October 2019 have been revised up by 0.2 and 0.1 percentage points respectively, giving extra strength to the most recent rolling three-month estimate. Obtain the data you need to make the most informed decisions by accessing our extensive portfolio of information, analytics, and expertise. You’ve accepted all cookies. A global team of industry-recognized experts contributes incisive and thought-provoking analysis. Rolling three-month estimates are calculated by comparing GDP in a three-month period with GDP in the previous three-month period. We now forecast a decline of 5.6 per cent in the fourth quarter of 2020. This is not the latest release. Report Index of Production, UK: October 2019 Bulletin | Released 10 December 2019 Movements in the volume of production for the UK production industries: manufacturing, mining and quarrying, energy supply, and water and waste management. This is a change of 0.95% from last month and -2.34% from one year ago. Federal Reserve Bank of St. Louis, Monthly gross domestic product (GDP) growth was 0.0% in October 2019, with growth in services and production offset by a notable fall in construction, which had its lowest level of output since January 2018. our analysts provide some answers: https://t.co/YAHOiNnsH0, US Economic Service - Short- and Long-Term Forecasts, World Markets Pricing and Reimbursement Market Analysis, US Construction and Infrastructure - State and Metro Area Trends & Forecasts, A Primer on Currency Wars and Foreign Exchange Manipulation, Country Risk Analyst - Global Economic Forecasts, Sovereign, and Country Risk Ratings, Country Risk & Intelligence Data Analysis, US Business Employment & Output Forecasts, Economic Analytics: Historical Economic and Financial Data, Copyright © 2020 IHS Markit. A look at labor, risk, and oppor… https://t.co/deT2JsaxwV, When will we have access to the COVID-19 vaccine? Index of Production, UK: November 2019 Bulletin | 13 January 2020 Movements in the volume of production for the UK production industries: manufacturing, mining and quarrying, energy supply, and water and waste management.
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