§ Mr. Austin Mitchellasked the Secretary of State for Industry whether he will bring up to date the information in the reply of 3 December 1981, Official Report, c. 185–6, concerning investment and output in the principal industrial countries.
§ Mr. ButcherI have been asked to reply.
The information is as follows:
397W
United States of America Japan Percentage change over previous year Percentage change over previous year Investment per capita at 1970 prices$ Investment per capita Output Output per head Investment per capita at 1975 prices Yen 000s‡ Investment per capita Output Output per head 1975 1,187 -11 -11 -2 1,109 -2 -12 -7 1976 1,367 +15 +12 +8 1,183 +7 +11 +12 1977 1,441 +5 +6 +3 1,262 +7 +5 +5 1978 1,436 - +6 +2 1,406 +11 +6 +8 1979 NA NA +5 +2 1,602 +14 +8 +8 1980 NA NA -5 -1 NA NA +7 +7 1981 NA NA +3 +3 NA NA +3 +2 Sources:
OECD: Indicators of Industrial Activity/Main Economic Indicators.
Labour Force Statistics.
National Accounts Vol. II.
CSO
DIT: British Business.
* Includes assets leased from the service industries.
† Includes capital expenditure by the quarrying and the structural steel erection industries.
‡ The figures relate to total expenditure on machinery and equipment by all industries expressed as a proportion of manufacturing employment.
— Nil or less than half.