London's Economy Today - Issue 40 - December 2005

The overview

• London named world’s favourite city
• London’s economy shows signs of further improvement
• UK industrial production remains depressed

Economic indicators

• London firms continued to expand their output of goods and services in November 2005
• the PMI for new orders recorded 55.8 in November 2005 compared to 55.2 in October 2005
• annual house price growth in London decreased slightly to 1.2% in Q3 2005 from 1.9% in Q2 2005

Assessing the Pre-Budget Report

• the economy and public finances
• meeting the fiscal rules?
• a case for reform?

London’s Economy Today data on the Datastore

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