Getting the balance right – how ONS creates a single estimate of GDP

View in browser 16 March 2018 Economy Getting the balance right – how ONS creates a single estimate of GDP After 70 years of production Gross Domestic Product (GDP) remains the single most closely-watched watched economic indicator. The success of government economic policy is judged against it and it's the yardstick for the scale of public spending and debt.  As Rob Kent-Smith explains, calculating GDP requires the informed balancing of sometimes contradictory data sources. Visit the National Statistical blog to see the many ways ONS is working to give the UK better statistics for better decisions. Visit National Statistical Our digital team regularly write about our approach and progress to the website and social media. Visit our Digital Blog Find out how our Data Science Campus is exploring how sources such as administrative data & social data, and techniques such as machine learning and natural language processing, can improve our understanding of the UK's economy, communities & people. Visit the Data Science Campus 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 is changing... At the end of March we're moving all our stories from Visual to the ONS website. Find out more about what this means. Email sent by Office for National Statistics

 

 

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