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Manufacturing Industry (Investment)

Volume 14: debated on Thursday 3 December 1981

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asked the Secretary of State for Employment if he will publish in the Official Report a table showing for each of the past six years the per capita investment in manufacturing industry in the principal industrial countries, together with the percentage increase in output and output per head.

I have been asked to reply.

Investment, Output and Output per head in the major Industrial Countries
United KingdomFederal Republic of Germany
Percentage change over previous yearPercentage change over previous year
Investment per capita at 1975 prices £(1)Investment per capitaOutputOutput per headInvestment per capita at 1970 prices D.M. (2)Investment per capitaOutputOutput per head
1975495-2-7-2½3,884-3-6½-1
1976487-1½+2+5½4,064+4½+7+7½
1977513+5½+2+1½4,191+3+3+3½
1978570+11+14,151-1+2+1½
1979619+8½+1½**+5½+4½
1980611-1½-9½-4**-1½
United States of AmericaJapan
Percentage change over previous yearPercentage change over previous year
Investment per capita at 1970 prices $Investment per capitaOutputOutput per headInvestment per capita at 1975 prices Yen 000s (3)Investment per capitaOutputOutput per head
19751,187-11-10½-21,109-2-12-6½
19761,367+15+12+81,183+6½+11+12
19771,441+5½+6+2½1,262+6½+4½+5
19781,436+6+21,406+11+6+7½
1979**+5+21,602+14+8+8½
1980**-4½-1½**+7½+5

Sources:

OECD: Indicators of Industrial Activity; Labour Force Statistics; National Accounts Vol. II.

CSO: Monthly Digest of Statistics.

DIT: British Business.

(1) Includes assets leased from the service industries.

(2) Includes capital expenditure by the quarrying and the structural steel erection industries.

(3) The figures relate to total expenditure on machinery and equipment by all industries expressed as a proportion of manufacturing employment Symbols used: * Not available or not meaningful.

†Nil or less then half.