The index of industrial production, Mathematics

The index of industrial production

This is a quantity index compiled by the government. This measures changes in the volume of production in main industries. The index is a excellent indication of the state of national economy.

This covers the given major industries in the UK

i.  Quarrying and Mining

ii.  Manufacturing as like food, tobacco and drinks, chemicals, and metal manufacture, engineering.

iii. Construction

iv. Textile

v. Gas electricity, water and so on.

This excludes agriculture, trade, fishing, finance, transport and other such industries.

All industries order is described a weighting. The weighting is based upon average per month production in each industry in a fixed base year. This described each item its relative significance amongst all other items and hence gives a better estimate of the index for comparison reasons.

 

Posted Date: 2/18/2013 2:33:00 AM | Location : United States







Related Discussions:- The index of industrial production, Assignment Help, Ask Question on The index of industrial production, Get Answer, Expert's Help, The index of industrial production Discussions

Write discussion on The index of industrial production
Your posts are moderated
Related Questions
write each fraction as a decimal .round to the nearest hundredth if necessary (1-4) (14-21)

1. If the equation has any fractions employ the least common denominator to apparent the fractions. We will do this through multiplying both sides of the equation by the LCD. Al

Mike sells on the average 15 newspapers per week (Monday – Friday). Find the probability that 2.1 In a given week he will sell all the newspapers


Evaluate the area and perimeter of a square: Example: Calculate the area and perimeter of a square with a = 5´.  Be sure to include units in your answer. Solution:

If the points for a right angle triangle are XYZ where do I mark the points?

Whats some negative integers that equal 36


Ellipsoid Now here is the general equation of an ellipsoid. X 2 / a 2 + y 2 /b 2 + z 2 /c 2 = 1 Here is a diagram of a typical ellipsoid. If a = b = c afterw

The sum of the smallest and largest multiples of 8 up to 60 is?