ONS releases - Economic Well-being: Jan to Mar 2017, our new economic well-being dashboard, and Beyond GDP: Measuring the economic well-being of individuals

View in browser 6 July 2017 Economic Well-being: Jan to Mar 2017 The latest indicators that give us a more rounded and comprehensive basis for assessing changes in economic well-being have been published today.  Gross domestic product (GDP) per head in the UK was unchanged (0.0% growth) compared with the previous quarter and increased by 1.3% compared with the same quarter a year ago (Quarter 1 (Jan to Mar) 2016). Net national disposable income (NNDI) per head increased by 4.3% between Quarter 1 2016 and Quarter 1 2017, mainly due to a £6.9 billion increase in the income received from the UK's foreign direct investment from abroad. Despite improvements in both GDP per head and NNDI per head, real household disposable income (RHDI) per head declined by 2.0% in Quarter 1 2017 compared with the same quarter a year ago – the largest decrease since the end of 2011, driven by increasing prices of goods and services. The latest economic well-being indicators at a glance We've launched a new economic well-being dashboard alongside our bulletin, to highlight the different indicators that can be used to assess the health of an economy. Tell us what you think of our well-being dashboard   Beyond GDP: Measuring the economic well-being of individuals We know GDP is limited as a measure of welfare. Read about how our new economic well-being dashboard can address this in our latest blogpost.  Our digital team regularly write about our approach and progress to the website and social media. Visit our Digital Blog National Statistical is our corporate blog. It's the place to find insight into the role data plays in the decisions affecting our lives, the changes we are making to take advantage of it and the ways we keep it secure.  Visit our Corporate Blog Looking for local statistics? A handy guide to let you know where to find local statistics. Census Discover how our census statistics help paint a picture of the nation and how we live. Visual.ONS Visual.ONS is a website exploring new approaches to making ONS statistics accessible and relevant to a wide public audience. Email sent by Office for National Statistics

 

 

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