Industrial Production in the United Kingdom, 1900-1953

The current official index of industrial production is based on the year 1948, but the series starts at 1946. For various reasons it would be convenient to have the series projected backwards to a much earlier date, and the purpose of this article is to describe an attempt made to establish a continuous series of annual indices (omitting the war years) going back to the beginning of the century. The method used was first to select various indices of production covering parts of the period and then to adjust them where necessary and link them together. Census of production results provided the benchmarks against which the selection and adjustments were made. As much of the work had already been done by previous writers' little remained to be done beyond collecting their contributions to the subject and bringing them up to date. The procedure can be conveniently described in four stages

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