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Revisions to quarterly GDP growth and its components

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  • Jason Murphy

    (Office for National Statistics)

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

Suggested Citation

  • Jason Murphy, 2009. "Revisions to quarterly GDP growth and its components," Economic & Labour Market Review, Palgrave Macmillan;Office for National Statistics, vol. 3(4), pages 43-51, April.
    • Handle: RePEc:pal:ecolmr:v:3:y:2009:i:4:p:43-51
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    Cited by:

    1. Mr. Manik L. Shrestha & Mr. Marco Marini, 2013. "Quarterly GDP Revisions in G-20 Countries: Evidence from the 2008 Financial Crisis," IMF Working Papers 2013/060, International Monetary Fund.
    2. Smith Paul, 2016. "Nowcasting UK GDP during the depression," Working Papers 1606, University of Strathclyde Business School, Department of Economics.

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