Fixed Capital Formation (Hansard, 12 March 1984)

§ Mr. Waller
asked the Chancellor of the Exchequer if he will publish in the Official Report a table showing gross domestic fixed capital formation in new building and works at 1980 prices, broken down by industry and into public and private sectors, for the years 1970, 1975, 1979, 1980, 1982 and estimates for 1983.

§ Mr. Peter Rees
The table following gives the required estimates of gross domestic fixed capital formation (GDFCF) on new dwellings and on other new buildings and works by sector. The latter estimates are also analysed by industry. A simultaneous sector by industry analysis is not readily available.

§ Mr. Peter Rees
A breakdown by programme of gross domestic fixed capital formation, as shown in table 1.9 of the public expenditure White Paper (Cmnd. 9143), is given in the following table. Economic analyses of programme expenditure beyond 1984–85 are not available.
47W

1978–79 1979–80 1980–81 1981–82 1982–83 1983–84 1984–85

outturn outturn outturn outturn outturn estimated outturn plan

Agriculture, fisheries, food and forestry 55 111 77 102 109 64 38

Trade, industry, energy and employment 71 103 124 126 111 147 163

Arts and libraries 23 23 23 24 33 28 30

Transport 847 1,066 1,236 1,256 1,488 1,472 1,642

Housing 1,539 1,628 1,202 235 -94 366 -422

Other environmental services 497 560 689 570 734 632 485

Law, order and protective services 92 109 161 176 221 253 291

Education and Science 366 410 512 411 412 400 333

Health and personal social services 411 464 624 742 762 765 866

Social Security 6 7 10 15 9 20 40

Other public services 15 16 27 33 37 40 65

Common services 71 67 55 61 67 61 93

Scotland 679 794 796 816 794 863 837

Wales 249 306 360 266 301 339 310

Northern Ireland 243 263 275 233 300 315 305

Total 5,244 6,019 6,238 5,166 5,428 5,933 5,285

§ Mr. Fry
asked the Chancellor of the Exchequer if he will publish in the Official Report a table showing, for the years 1970, 1975, 1979, 1980, 1981, 1982 and estimates for 1983, gross domestic fixed capital formation in new industry and works by industry, broken down into public sector and private sector, at current prices and at constant 1980 prices.

Gross Domestic Fixed Capital Formation on New Buildings and Works

^*1970 ^*1975 1979 1980 1981 1982 ^†1983

£ million at current prices

New dwellings 1,643 4,149 4,764 6,342 5,436 6,034 n.a.

Public sector 802 1,967 2,316 2,522 1,901 2,258 n.a.

Private sector 841 2,182 3,448 3,820 3,535 3,776 n.a.

Other new buildings and works 2,942 6,997 9,632 11,821 12,411 13,256 n.a.

By sector

Public sector^‡ 1,716 3,708 4,714 5,742 5,941 6,541 n.a.

Private sector 1,226 3,289 4,918 6,079 6,470 6,715 n.a.

By industry Agriculture, forestry and fishing 119 242 398 547 511 618 n.a.

Energy and water supply 347 1,660 2,060 2,664 3,113 3,079 n.a.

Manufacturing 393 616 994 1,052 850 732 616

Construction 17 59 47 37 25 22 15

Distribution, hotels, catering and repairs 257 473 1,002 1,241 1,193 1,397 1,693

Transport and communication 187 449 692 684 665 647 n.a.

Banking, finance, insurance, business services and leasing 326 872 1,401 1,932 2,140 2,424 2,368

Other services 1,296 2,626 3,038 3,664 3,914 4,337 n.a.

£ million at 1980 prices

New dwellings 7,844 8,052 7,134 6,342 4,828 5,375 (6,020)

Public sector 3,634 3,567 2,876 2,522 1,674 1,991 (1,960)

Private sector 4,174 4,449 4,258 3,820 3,154 3,384 (4,060)

Other new buildings and works 14,386 14,137 12,416 11,821 11,207 12,307 (12,560)

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§ Mr. Peter Rees
The table following gives estimates of gross domestic fixed capital formation (GDFCF) on new dwellings and on other new buildings and works by sector. The latter estimates are analysed by industry but no simultaneous sector by industry analysis is readily available.
49W

^*1970 ^*1975 1979 1980 1981 1982 ^†1983

By sector

Public sector^‡ 8,088 7,402 6,039 5,742 5,253 5,890 (6,030)

Private sector 6,284 6,726 6,377 6,079 5,954 6,417 (6,530)

By industry

Agriculture, forestry and fishing 622 504 527 547 476 595 (610)

Energy and water supply 1,738 3,378 2,680 2,664 2,831 2,883 (2,920)

Manufacturing 2,003 1,281 1,304 1,052 763 687 589

Construction 86 121 60 37 23 22 15

Distribution, hotels, catering and repairs 1,323 953 1,275 1,241 1,104 1,345 1,630

Transport and communication 920 903 887 684 590 581 (590)

Banking, finance, insurance, business services and leasing 1,660 1,760 1,794 1,932 1,965 2,306 2,264

Other services 6,041 5,220 3,889 3,664 3,455 3,888 (3,940)

^* The sums of components do not equal total estimates expressed at 1980 constant prices before 1978—see note on page 99 of "National Income ad Expenditure—1983 Edition".

^† Bracketed figures show seasonally adjusted estimates for the first three quarters of 1983 at an annual rate.

^‡ Excluding certain construction expenditure on defence which is classified as current expenditure in the national accounts. Tables 1.13, 4.4 and 4.5 of Cmnd. 9143 provide further details of public sector capital spending.

	1978–79	1979–80	1980–81	1981–82	1982–83	1983–84	1984–85
	outturn	outturn	outturn	outturn	outturn	estimated outturn	plan
Agriculture, fisheries, food and forestry	55	111	77	102	109	64	38
Trade, industry, energy and employment	71	103	124	126	111	147	163
Arts and libraries	23	23	23	24	33	28	30
Transport	847	1,066	1,236	1,256	1,488	1,472	1,642
Housing	1,539	1,628	1,202	235	-94	366	-422
Other environmental services	497	560	689	570	734	632	485
Law, order and protective services	92	109	161	176	221	253	291
Education and Science	366	410	512	411	412	400	333
Health and personal social services	411	464	624	742	762	765	866
Social Security	6	7	10	15	9	20	40
Other public services	15	16	27	33	37	40	65
Common services	71	67	55	61	67	61	93
Scotland	679	794	796	816	794	863	837
Wales	249	306	360	266	301	339	310
Northern Ireland	243	263	275	233	300	315	305
Total	5,244	6,019	6,238	5,166	5,428	5,933	5,285

Gross Domestic Fixed Capital Formation on New Buildings and Works
	^*1970	^*1975	1979	1980	1981	1982	^†1983
£ million at current prices
New dwellings	1,643	4,149	4,764	6,342	5,436	6,034	n.a.
Public sector	802	1,967	2,316	2,522	1,901	2,258	n.a.
Private sector	841	2,182	3,448	3,820	3,535	3,776	n.a.
Other new buildings and works	2,942	6,997	9,632	11,821	12,411	13,256	n.a.
By sector
Public sector^‡	1,716	3,708	4,714	5,742	5,941	6,541	n.a.
Private sector	1,226	3,289	4,918	6,079	6,470	6,715	n.a.
By industry Agriculture, forestry and fishing	119	242	398	547	511	618	n.a.
Energy and water supply	347	1,660	2,060	2,664	3,113	3,079	n.a.
Manufacturing	393	616	994	1,052	850	732	616
Construction	17	59	47	37	25	22	15
Distribution, hotels, catering and repairs	257	473	1,002	1,241	1,193	1,397	1,693
Transport and communication	187	449	692	684	665	647	n.a.
Banking, finance, insurance, business services and leasing	326	872	1,401	1,932	2,140	2,424	2,368
Other services	1,296	2,626	3,038	3,664	3,914	4,337	n.a.
£ million at 1980 prices
New dwellings	7,844	8,052	7,134	6,342	4,828	5,375	(6,020)
Public sector	3,634	3,567	2,876	2,522	1,674	1,991	(1,960)
Private sector	4,174	4,449	4,258	3,820	3,154	3,384	(4,060)
Other new buildings and works	14,386	14,137	12,416	11,821	11,207	12,307	(12,560)