Abstract
This article describes how the quarterly output of the financial services sector is measured in the National Accounts. Then at a sub-sector level, an analysis of recent employment and output trends is presented to describe the impact of the current economic downturn on the activity of the sector. The sub-sectors analysed include banks, building societies, investment trusts, life insurance, non-life insurance and pension funding.
Article PDF
Author information
Authors and Affiliations
Rights and permissions
About this article
Cite this article
Williams, B., Fender, V. & Drew, S. Output and employment in the financial sector. Econ Lab Market Rev 3, 18–25 (2009). https://doi.org/10.1057/elmr.2009.122
Published:
Issue Date:
DOI: https://doi.org/10.1057/elmr.2009.122