Today the ONS has published its latest insights from our Measures of National Well-being dashboard. This forms part of the ONS’s plans to move beyond traditional economic metrics to measure the impact of growth on people and the natural environment. As part of this agenda, Hugh Stickland writes about plans to develop our measures of national wellbeing.
Read more on Beyond GDP: what matters to national well-being
In this episode of Statistically Speaking we shine the spotlight on local data and look at how good statistics for small areas make for better targeted policy interventions, and more effective use of valuable public resources.
Read more on Local Data for Local People: How new data sources are helping to calibrate communities
For decades, one of the main fiscal targets of the Government has been to reduce the level of public sector debt. This covers not just central government but also local councils and state-controlled companies. Debt estimates are presented every month in the public sector balance sheet, which shows the financial position at a single point in time. The balance sheet sets out the liabilities (amounts owed) and the assets (amounts owned), in line with international statistical guidance. However, there are several different balance sheet measures, some broader in scope than others. How do they differ?
Read more on What the UK government owns and what it owes
We have already blogged about how the UK’s statistics on research and development (R&D) are the subject of a programme of fundamental transformation. We are improving our main survey to capture a much wider group of businesses to better reflect the true extent of R&D undertaken in the UK. Now we also improving our measurement of R&D undertaken by the UK government and its agencies. Heather Bovill talks about how we are improving these estimates of what R&D the government is paying for and, importantly, where it is taking place.
Read more on Transforming R&D statistics on Government-funded research & development
The ONS Labour Force Survey is one of the UK’s biggest regular household surveys and a key source of economic data. Providing detailed insight on employment and economic activity down to local level, the survey is the foundation stone of official monthly employment statistics. Last year we unveiled plans to transform this important data source. Alex Lambert updates on progress so far – and reveals when the new-look data will be available.
Read more on Transforming the Labour Force Survey