London's Economy Today - Issue 32 - April 2005

The overview

• high oil prices moderating growth
• UK cooling as industrial production weakens
• sustained high oil prices

Economic indicators

• London firms continued to expand their output of goods and services in March 2005
• the PMI for new orders recorded 61 in March 2005, up from 59.3 in February
• annual house price growth in London decreased to 5.6% in Q4 2004 from 7.1% in Q3

Laying Foundations

Introducing research into London’s construction industry:

• defining London’s construction industry
• assessing construction activity in London
• the demand for construction in London

London’s Economy Today data on the Datastore

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