Manufacturing Industry and Distributive Trades

HC Deb 19 December 1969 vol 793 cc487-8W

Mr. Blaker

asked the Minister of Technology if he will give for each year since 1960 the ratio between new investment in the manufacturing industry and the distributive trades, respectively, and the gross national product.

Mr. Alan Williams

Following is the information:

FIXED INVESTMENT AS A PERCENTAGE OF GROSS NATIONAL PRODUCT AT FACTOR COST
(Current prices)
			Manufacturing industry	Distributive trades
1960	…	…	4.5	1.2
1961	…	…	5.1	1.2
1962	…	…	4.6	1.2
1963	…	…	3.9	1.2
1964	…	…	4.1	1.3
1965	…	…	4.5	1.2
1966	…	…	4.6	1.0
1967	…	…	4.2	1.1
1968	…	…	4.3	1.1

Note:

The figures of fixed investment comprise expenditure on vehicles and plant and machinery, less receipts from sales of these assets, plus expenditure on new building work.