London's Economy Today - Issue 17 - January 2004

The overview

• a prosperous new year?
• the US dollar adjustment
• lower UK unemployment and general economic improvement

Economic indicators

• the PMI business survey provides evidence of a sustained recovery in London’s economy
• the PMI survey indicates that the positive economic outlook has encouraged London companies to employ more people
• the UK housing market remains buoyant, but there were signs of cooling down in Q4 2003

London employee jobs – the latest trends

New ONS employment figures show that London had 3.92 million employee jobs in 2002, a fall of 139,000, 3.5%, from 2000.

London’s Economy Today data on the Datastore

• London’s Economy Today on the Datastore has more interaction and a greater personal focus.