§ Mr. Gouldasked the Secretary of State for Trade and Industry what was, in each year since 1953, the level of investment in British industry.
§ Mr. ButcherEstimates at 1975 prices of the capital expenditure by the industries covered by the index of industrial production* for the years 1962 to 1982 and by manufacturing industry†— including leased assets — for the years 1955 to 1982 are shown in the following table. Corresponding figures for earlier years are not available.
569W
Capital expenditure by industries covered by the index of industrial production (IOIP) and by manufacturing industry £ million at 1975 prices Year IOIP industries (of which) manufacturing 1955 n/a 2,183 1956 n/a 2,531 1957 n/a 2,680 1958 n/a 2,538 1959 n/a 2,420 1960 n/a 2,818 1961 n/a 3,350 1962 5,028 3,095 1963 4,978 2,706 1964 5,687 3,056 1965 6,179 3,390 1966 6,542 3,478 1967 6,714 3,400 1968 6,490 3,673 1969 6,378 3,952
Year IOIP industries (of which) manufacturing 1970 6,536 4,278 1971 6,079 4,018 1972 5,372 3,470 1973 5,685 3,615 1974 6,449 3,982 1975 6,940 3,710 1976 7,174 3,530 1977 7,089 3,742 1978 7,408 4,137 1979 7,442 4,439 1980 7,212 4,153 1981 6,712 3,593 1982 6,622 3,317 * Industry order groups II to XXI of the standard industrial classification (revised 1968). † Industry order groups III to XIX of the standard industrial classification (revised 1968).