London's Economy Today - Issue 26 - October 2004

The overview

• growth in London's economy but oil prices rise over $50
• UK unemployment still falling but the end may be in sight
• US economic recovery continues to outpace that of the eurozone

Economic indicators

• London firms continued to expand their output of goods and services in September
• the PMI for new orders was 58.2 in September 2004, which compares with 57.3 in September 2003
• house prices, as calculated by Nationwide showed steady growth in Q3 2004 in London and across the UK

Atoms and DNA: Revising London’s Economy

Changes to estimated GVA and employment growth in London.

• economic Indicators
• something old and something new
• understanding the method

London’s Economy Today data on the Datastore

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