London's Economy Today - Issue 20 - April 2004

The overview

• recovery continues for now
• the international economic environment: the US recovery continues
• falling unemployment and strength in the UK housing market remains

Economic indicators

• London firms expanded output in goods and services in March for the tenth consecutive month
• the PMI of business activity recorded 58.3 in March
• UK annual house price inflation was almost 17% compared to 15.5% in Q4 2003

A focus on cities:

• geography matters
• functional and administrative approaches to defining a city
• not just geography

London’s Economy Today data on the Datastore

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